Since August 1St, Zhejiang'S Cotton And Silk Reeling Industry Has Benefited From The New Tax Policy.

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes "< hat > net" Xiaobian introduced to everyone from Zhejiang in August 1st, cotton is the main beneficiary of taxation.

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< p > Zhejiang National Taxation Bureau and the finance department issued a new policy recently. It is clear that since August 1st, the general taxpayers who purchase cotton, linen and pecan seeds as raw materials to sell cotton yarn, silk reeling and Pecan (kernel) have been included in the pilot scale of the approved value added tax of agricultural products.

The expansion of the pilot approved deduction of value-added tax of agricultural products has a significant tax reduction effect on our traditional industries, especially the cotton textile and silk reeling industry.

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< p > < < a > href= > http://www.91se91.com/news/index_c.asp > > the Inland Revenue Bureau < /a > policy and law department cadres, the difference between the implementation of the approved deduction of agricultural products and the "deduction rate" deduction is that the deduction function of the VAT deduction voucher of the pilot farm products has been abolished. The input tax amount of the agricultural products is decoupled from the existing deduction certificate, and the amount of the current deductible input tax is determined according to the actual amount of agricultural products consumed by the taxpayer every month.

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< p > it is understood that the main advantage of implementing the approved agricultural products is to solve the policy defects of agricultural products processing industry in the past, that is, to deduct "high and low deductions" from the fixed rate of votes in the past, and lighten the burden of enterprises.

For a long time, the agricultural product processing industry has a 13% discount on the purchase of agricultural products, and the "high and low deduction" dilemma of products being deducted by 17%.

After the approved deduction, enterprises can deduct the purchased agricultural products by 17%, and the tax burden will be reduced.

For example, a textile enterprise sold 5360 tons of cotton sliver in 2013, 128 million 600 thousand yuan in sales, 3 million 970 thousand yuan in value added tax, and 145 million 815 thousand and 200 yuan in agricultural products at the same time. It only deducted 18 million 956 thousand and 700 yuan according to the original policy. According to the present method, 20 million 305 thousand and 700 yuan can be deducted under the same conditions, and the enterprise can deduct more than 1 million 349 thousand and 700 yuan and the tax burden is reduced by 34%.

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At present, the approved deduction of agricultural products is still in the pilot stage. With the expansion of the approved deduction, it will greatly promote the development of our agricultural products < a href= "http://www.91se91.com/news/index_c.asp" > processing < /a > industry development. P

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