Research On How To Approve The Input VAT Of Plank Processing Industry

In order to support the development of agriculture,China has always adopted tax exemption policies for agricultural products sold by agricultural producers,such as logs,which has caused ordinary VAT payers in the plate processing enterprises have no deductible input tax after purchasing logs.Therefore,China allows plate processing companies to issue invoices for purchases of agricultural products,and the input tax deducted based on the purchase price and deduction rate.The tax supervision of this policy is extremely difficult.The tax-related risk is extremely high and suffers from criticism.It is particularly prominent in the sheet metal processing industry.To eradicate this chronic disease,in 2012,CaiShui(2012)No.38 was issued,detailing the three methods of “determination of input and output methods”,“cost method”,“reference law” and opening up the input value-added tax of agricultural products.The amount of tax deduction is the prelude to the pilot.In December 2017,Lu Cai Shui(2017)No.33 was promulgated and stipulated that starting from December 1,2017,it will be used for the production of veneer,sawn timber,plywood,wooden crates,wooden pallets The taxpayer adopts the input-output method,and according to the unit consumption standards published in the document,the input tax value-added tax for agricultural products shall be determined and deducted.This paper takes Linyi City as a sample,and on the basis of studying the necessity of the “plate processing industry” to include agricultural production value-added tax(VAT)to carry out tax deductible trials,it focuses on the value-added tax of agricultural products used in the sheet metal processing industry in Lu Cai Shui(2017)No.33.The tax deducting method and key deduction indicators are reasonable;the problems that arise in follow-up management are analyzed,and on the basis of the accurate analysis and calculation of the relevant indicators,targeted solutions are proposed.The study found that the inclusion of the plate processing industry in the VAT input tax deductible pilot is far more advantageous than the disadvantages;the input-output method is more suitable for the sheet metal processing industry than the cost method;the Lu Cai Shui(2017)No.33 specifies the production unit standard for agricultural products.high.The analysis sums up the nine major problems that the board processing industry will inject into the pilot project for the deduction of the VAT input tax for agricultural products,thoroughly analyzes the root causes of the problems,and explores nine major feasibility proposals for solving the problems.