For example, a steel company sells a batch of steel to a machinery company, the ex-factory price is100000 yuan (excluding tax), and the applicable VAT rate is 16%.
The calculation method of the output tax that the iron and steel company should charge the machinery company is:
Output tax =100000 yuan ×16% =1.6000 yuan.
In addition, because the sales amount in the output tax calculation includes tax excluding and tax including, it is divided into the following two situations:
1, output tax = (excluding tax) sales × tax rate.
2. Output tax = (tax included) sales /( 1+ tax rate) × tax rate.
Extended data
Current sales include all extra-price expenses obtained from the buyer by VAT taxpayers for selling goods and taxable services in the current period. Specifically, taxable sales include the following:
(1) Selling goods or providing taxable services shall be obtained from the total price of the buyer.
(2) All kinds of extra-price fees charged to the buyer. Including: handling fees, subsidies, funds, reminders, return of profits, incentive fees, liquidated damages, deferred payment of interest, packaging fees, chartering, reserve fees, quality fees, transportation and handling fees, reminders and prepaid funds, unless otherwise stipulated by the state).
Item (2) of Article 2 of the Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Printing and Distributing the Provisions on Some Specific Issues of Value-added Tax (Guo Shui Fa [1993] 154) stipulates:
"Taxpayers sell goods at a discount. If the sales amount and discount amount are indicated separately on the same invoice, VAT can be levied according to the discounted sales amount. "
When a taxpayer sells goods at a discount, the sales amount and discount amount are indicated on the same invoice, that is, the sales amount and discount amount are indicated in the "amount" column of the same invoice, and VAT can be levied according to the discounted sales amount. If the discount amount is not indicated in the "Amount" column of the same invoice, but only indicated in the "Remarks" column of the invoice, the discount amount shall not be deducted from the sales amount.