Daily invoices can be deducted from VAT:

1, the VAT indicated on the special VAT invoice obtained from the seller;

2. Value-added tax indicated in the special payment book for customs import value-added tax obtained from the customs;

3. For purchasing agricultural products, except for obtaining special invoices for value-added tax or special letters of payment for customs import value-added tax, the input tax shall be calculated according to the purchase price of agricultural products and the deduction rate 1 1% indicated on the purchase invoices or sales invoices of agricultural products, unless otherwise stipulated by the State Council. Input tax calculation formula: input tax = purchase price × deduction rate.

Second, analyze the details

Value-added tax is a turnover tax levied on the basis of the value-added generated in the process of commodity circulation. From the tax principle, value-added tax is a turnover tax levied on the added value of many links such as commodity production, circulation and labor services or the added value of commodities. Extra-price tax is implemented, that is, it is borne by consumers, and tax is levied only if there is value added, and tax is not levied if there is no value added.

In practice, it is difficult to accurately calculate the added value or additional value of commodities in the process of production and circulation. Therefore, China also adopts the method of tax deduction, which is a widely used method in the world. That is, according to the sales of goods or services, the sales tax is calculated at the prescribed tax rate, and then the value-added tax paid when obtaining goods or services is deducted, that is, the input tax, and the difference is the taxable amount of the value-added part. This calculation method embodies the principle of taxation according to value-added factors.

Third, the scope of VAT taxation.

1. Commodity futures, including commodity futures and precious metal futures, are subject to value-added tax;

2. Value-added tax is levied on the business of selling gold and silver by banks;

3. In the financial leasing business, no matter whether the ownership of the leased property is transferred to the lessee, value-added tax is not levied;

4. The business of selling original movies, video and audio due to the transfer of ownership of works, and the business of selling computer software due to the transfer of ownership of patented technology and non-patented technology, shall not be subject to VAT. Whether the ownership of the property is transferred to the lessee is not subject to value-added tax;

5. Value-added tax shall be levied on the sales of dead pawnbrokers and consigned goods of clients.