The VAT liability rate for general taxpayers varies according to the industry.
The formula for calculating the VAT burden rate:
Tax burden rate=VAT payable for the current period/taxable sales revenue for the current period;
VAT payable for the current period=output tax for the current period-actual offset input tax;
Actual offset input tax=entry input tax retained at the beginning of the period+input tax for the current period-input transfers-export refunds-exterminal input tax retained.
Industry average tax burden rate,
1Agricultural Food Processing 3.50,
2Food & Beverage 4.50,
3Textile (Chemical Fiber) 2.25,
4Textile & Clothing, Leather Feather (Down) & Products 2.91,
5Paper & Paper Products 5.00,
6Building Material Products 4.98,
7 Chemical Products 3.35,
8 Pharmaceutical Manufacturing 8.50,
9 Cigarette Processing 12.50,
10 Plastic Products Industry 3.50,
11 Nonmetallic Mineral Products Industry 5.50,
12 Metal Products Industry 2.20,
13 Machinery and Transportation Equipment 3.70,
14 Electronic Communication Equipment 2.65,
15 Crafts and Other Manufacturing 3.50,
16 Electrical Machinery and Equipment 3.70,
17 Electricity and Heat Production and Supply 4.95,
18 Wholesale of Commerce 0.90,
19 Commercial retailing 2.50,
20 others 3.50.