Notice of the Ministry of Finance and the State Administration of Taxation on the deduction of inputNotice of the Ministry of Finance and the State Administration of Taxation on the deduction of input tax for the purchase of tobacco leaves Caishui [2011] of the 21, 2011-3-2 Finance Department (Bureau), State Taxation Bureau, Local Taxation Bureau of provinces, autonomous regions, municipalities directly under the Central Government and cities under separate State planning, Finance Bureau of Xinjiang Production and Construction Corps: According to the response of the relevant parties, the issue of the value-added tax input tax deduction for the production input subsidy of tobacco leaf purchased to tobacco farmers is clarified as follows: The production input subsidies (hereinafter referred to as extra-price subsidies) that are directly subsidized to tobacco farmers in the form of cash in accordance with the relevant provisions of the State when purchasing tobacco leaves (hereinafter referred to as extra-price subsidies) belong to the purchase price of agricultural products and are part of the "price" in Article 17 of the Implementation Rules of the Provisional Regulations of the People's Republic of China on Value-added Tax (Order No. 50 of the Ministry of Finance and the State Administration of Taxation). The tobacco leaf purchasing unit shall separately indicate the extra-price subsidy and the purchase price of tobacco leaf on the same agricultural product purchase invoice or sales invoice, otherwise, the extra-price subsidy shall not be deducted by calculating the input tax of value-added tax. This notice will come into effect from January 1, 2009 。 Ministry of Finance State Administration of Taxation March 2, 2011
|
|