Do you have to pay VAT and excise tax on solid wood flooring?
need. Tax rate: VAT is paid in the production process and sales links, the consumption tax is only paid in the production process. VAT rate, the general taxpayer 17 can offset the entry, small taxpayers when 3% is not deductible. According to the financial and taxation [2006] 33 document, solid wood flooring for the new consumption tax items, the applicable tax rate of 5%. The consumption tax on solid wood flooring, reflecting the national policy of protection of timber resources. Calculation: VAT on real wood flooring, tax payable = sales × tax rate - input tax. On the solid wood floor levy consumption tax, the implementation of ad valorem rate approach, tax payable = sales × tax rate. Assuming that the plant sold solid wood flooring in April 1 million, the initial calculation of the tax payable is 100 × 5% = 5 (million). Pay attention to save the deduction certificate. External solid wood flooring, should provide special VAT invoices (deduction) original and copy. If the special invoice is filled out, you should also provide the original and printed copy of the sales list issued by the seller and stamped with the financial seal or invoice. From the small value-added taxpayers to purchase solid wood flooring, should provide tax authorities on behalf of the open value-added tax invoices.
Solid wood flooring to pay VAT and consumption tax, value-added tax is in the production process and sales links to pay, consumption tax is only paid in the production process.
