How To Deal With VAT Invoices With Tax Rates Of 11% And 6%?

An important content in the pilot policy of VAT reform is the addition of 11%, 6% and two low tax rates on the basis of the current 17% and 13% two VAT rates.

The Ministry of Finance and the State Administration of Taxation (hereinafter referred to as "the Circular of the Ministry of Finance and the State Administration of Taxation on carrying out the pilot scheme for the pformation of business tax in Shanghai's pportation industry and some modern service industries" (fiscal 2011 [111]) stipulates that 11% of the tax rates apply to the pportation industry (land pportation services, waterborne pport services, air pportation services, pipeline pportation services); and the modern service industry, such as R & D, technical services, information technology services, cultural and creative services, logistics auxiliary services, certification and consulting services, shall be applied to 6% of the tax rate.

At present, there are two kinds of invoices in the pportation industry of Shanghai. One is the unified invoice for highway and inland freight pportation. It is mainly used for the implementation of simple collection of freight pilot taxpayers. This kind of invoice will be used by the end of March 2012. Since April 1st, the general invoice of Shanghai general tax machine has been used uniformly.

According to the original deduction method, it will remain unchanged.

The other is the "special invoice for value added tax of freight pport industry", which provides pportation services according to the provisions of Document No. 111 [2011], and the pport tax rate is 11%.

The enterprise obtains the cargo pportation industry issued by the general taxpayer in Shanghai.

Special invoices shall be deducted from the output tax according to the added value tax specified in the VAT invoice.

everything

The change of the credential certificate, from January 1, 2012 (inclusive), obtains the deductible pport cost certificate from the pilot area of the general value-added tax in the whole country. It should be "special invoice for freight pport industry value-added tax" (except for the railway pportation expense accounting documents), and other pport cost settlement documents must not be used as a tax deduction certificate for value-added tax.

The two is the special VAT invoices obtained by the general taxpayer, whether or not they belong to the deductible range, they must be certified first, otherwise they will be separated from the whole value added tax deduction chain, resulting in detained invoices.

The three is that the drawee should pay attention to identifying the true and false invoices, and the announcement of the State Administration of Taxation on invoicing the VAT invoices of the freight pport industry (the State Administration of Taxation Announcement No. 74 2011). The third fifth paragraphs clearly define the compilation principles of the invoice codes and invoice numbers. According to this principle, the code for VAT invoices of the VAT general taxpayers from the pilot area after January 1, 2012 (inclusive) is 3100111730, and the two two or four of the invoice numbers should be 11 or 2011.