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Question:

Is it possible to pay for the processing of timber?

Is it possible to pay for the processing of timber?

Answer:

3. Foreign sales, depends on whether the deep processing of wood, if only the initial processing, according to 13% levy, deep processing by 17% levy.
2. The purchase of timber to other units, should obtain the other party issued a formal invoice, if it is to obtain a formal general invoice, according to 13% deductible, if it is to obtain a formal VAT invoice, according to the special invoice Of the amount of tax deduction.
Yes, yes, processing wood is to pay VAT. Second, note: 1. The acquisition of timber (belonging to agricultural products) to the farmers shall be issued by the acquirer to the farmers (the tax bureau only) to the farmers. The acquirer shall calculate the deductible input tax according to the acquisition certificate at 13%.

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