Sales of self-produced agricultural products by agricultural producers
Contraceptive medicines and paraphernalia
Antique and old books
Sales by other individuals of their own used items
Sales of grain by state-owned grain purchasing and marketing enterprises undertaking grain collection and storage
Taxpayers engaged in the wholesale and retail of vegetables Sales of vegetables (excluding canned)
Blood stations supplying clinical blood to medical institutions
Non-profit medical institutions self-produced preparations for their own use
Profit medical institutions within three years of self-produced preparations for their own use
Railway system units within the system for the system to repair wagons in the business
Heating enterprises to heat the heat supply to the residents of personal heating and obtain heating fees< /p>
Imported instruments and equipment directly used for scientific research, scientific experiments and teaching
Imported goods and equipment freely assisted by foreign governments and international organizations
Goods directly imported for the exclusive use of the handicapped by organizations for the handicapped
Major types of value-added tax (VAT) and formulas for calculating it
1. Production-based VAT
2, Income-based VAT
3. Consumption-based VAT
Calculation formula of VAT payable
Output VAT: It is the amount of VAT calculated on the basis of sales and VAT rate of the taxpayers who provide taxable services.
Input tax: the amount of VAT paid or borne by a taxpayer on the purchase of goods or the acceptance of processing, repair and fitting services and taxable services.
Taxable amount = current output tax - current input tax
Output tax = sales × tax rate
Sales = taxable sales ÷ (1 + tax rate)
What are the VAT exemptions and exemptions?