It's a way of offsetting the VAT input tax paid on the purchase of VAT-dutiable goods against the VAT output tax paid on the sale of VAT-dutiable goods.
From the invoice, the requirement of this kind of offset is very strict, it must be a special VAT invoice, it must be machine-printed on the invoice with the names of both the buyer and the seller and the tax number, and it must contain a series of information such as the type of goods, the unit price, the price, and the amount of tax. Due to the strict monitoring of VAT invoices by the IRS and the fact that these invoices are mainly used for the purchase and sale of goods between enterprises, it is very difficult for individuals to obtain these invoices.
Expanded Information
Use
These invoices are activated in their entirety, and may not be disassembled or dispersed; they may not be lent, transferred, or issued on behalf of others; and they are subject to the requirements for reporting on the use of invoices and setting up a register of invoices.
The invoicing units and individuals shall establish the invoice storage system in accordance with the regulations, with special custodian, special library (cabinet) storage, and shall not lose or unauthorized destruction of the invoice stubs and invoice registers, the invoice stubs and invoice registers that have been issued shall be kept for five years, and after the expiration of the retention period, they shall be reported to the competent state tax authorities for approval and verification and destruction; in case of invoice theft, lost invoices or damaged (torn) invoices, the reasons shall be ascertained and reported to the competent state tax authorities for writing. In case of theft of invoices, loss of invoices, damage (tearing) of invoices, it is necessary to find out the reasons and report in writing to the competent state tax authorities to apply for loss and disposal.
The minimum tax amount stipulated in each place is variable, a... It depends on the nature of the business operated. Two. It depends on the location of the business. Three. Depends on your business area. They will have a special person to see the premises you operate, and then according to the provisions of the tax department, to give you a minimum tax standard.
With the general taxpayer qualification, the input of VAT invoices obtained can be deducted. Taxable amount = Output - Input General taxpayers are enterprises and corporate units whose annual VATable sales (hereinafter referred to as annual taxable sales, including all taxable sales in a calendar year) exceed the standard for small-scale taxpayers set by the Ministry of Finance.
Annual value-added tax sales (including export sales and tax-exempt sales, hereinafter referred to as annual taxable sales) meet or exceed the following standards:
①Annual taxable sales of an industrial enterprise of 500,000 yuan or more;?
② commercial enterprises annual taxable sales of 800,000 yuan or more. Reach the above standards, in addition to the provisions of the enterprise can not be recognized as a general taxpayer, are recognized as a general taxpayer (including individual businesses, but except for individuals.) New enterprises, although not meeting the standards, can also apply for recognition.
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