Value-added tax rate of corn soybean meal
1 1%。 Soybean meal is a feed product subject to VAT, and other feed products except soybean meal are exempt from VAT, so the VAT rate of soybean meal is 1 1%. The VAT rate refers to the ratio of the total tax amount of VAT taxable products to the sales revenue. Because the value-added tax is levied on the value-added amount of taxable products, it is necessary to maintain the consistency of the tax burden of the same product at the same time.