For example, if you start a company, it costs 109 yuan to buy a product, and you can get a value-added tax invoice of 17% plus 9 points, and then you can get an invoice from the tax bureau to exchange it for 17 yuan, so you only need 92 yuan to actually buy this product.
The collection of value-added tax usually includes all links in the production, circulation or consumption process. It is a neutral tax based on value-added or price difference. Theoretically, it includes all agricultural industries (planting, forestry and animal husbandry), mining, manufacturing, construction, transportation and commercial services. Or all links of raw material procurement, manufacturing, wholesale, retail and consumption.
Extended data
Collection range
General scope
The scope of taxation of value-added tax includes the sale (including import) of goods and the provision of processing, repair and replacement services.
Special project
Commodity futures (including commodity futures and precious metal futures); -Commodity futures are subject to value-added tax, which is paid in the physical delivery;
The business of selling gold and silver by banks;
Pawnshops sell dead goods;
Consignment business is the business of customers selling consignment goods;
Other units and individuals outside the postal department produce, distribute and sell philatelic products.
Special behavior
Regarded as sales: The following eight acts are regarded as selling goods in the VAT Law, and all of them are subject to VAT.
Entrust the goods to others for sale.
Sell goods on behalf of others
Transferring goods from one place to another (except the same county and city)
Use self-produced or entrusted goods for non-taxable items.
Goods produced, commissioned or purchased are regarded as investments in other units.
Distributing goods produced, processed or purchased to shareholders or investors.
Baidu Encyclopedia-VAT