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Nine provinces loosen high) low buckle to the industry

Published on:2014/12/5 15:28:57

Keyword:Cotton yarn, cotton, cotton, silk cocoons, price, textile, weaving, spinning, silk, feather
Introduction:For a long time, cotton, cotton textile enterprise purchases deduction rate is 13%, and cotton textile products output VAT rate is 17%.This "high low ...

for a long time, cotton, cotton textile enterprise purchases deduction rate is 13%, and cotton textile products output VAT rate is 17%.This "high low buckle", 4% of the difference between tax and fee shall be borne by the enterprise, always the already meager profit textile companies, is undoubtedly worse.To this, around the country and the relevant departments to collect enterprise comments and Suggestions, to organize the formulation of the deduction standard, for a long time for the textile industry "high) low buckle" unreasonable tax free.

Early this year,

in anhui province since February 1, leading to lint, cotton yarn into agricultural VAT amount shall be deducted pilot range, be the first one to break the nationwide "high) low buckle" policy of the province.Then, in hebei province will also be engaged in seed cotton processing, "leather tanning process", "production down five industries are subject to verification deducting VAT general taxpayer.

On May 1,

, henan cotton should be brought into the scope of input tax shall be deducted from the pilot.August 1, to buy agricultural products in zhejiang province cotton (cotton), raw material production and sales of cotton yarn, silk reeling cocoon average taxpayer, into the VAT amount shall be deducted pilot range of agricultural products,Hunan province will cotton, pure cotton yarn, ramie refined dried-jute, pure ramie yarn formally incorporated into the agricultural products processing pilot VAT amount shall be deducted.Tax reform, the provinces of zhejiang, hunan to the struggling of cotton, hemp, silk enterprise was undoubtedly the Gospel.

October 1,

, shandong and shaanxi provinces, joined the army of pilot reforms.In shandong province to purchase agricultural seed cotton as raw material to produce cotton, for purchasing agricultural products as raw material to produce cotton lint, etc, and its agricultural VAT amount shall be deducted.Shaanxi province to purchase cotton (cotton, seed cotton) as raw material for spinning processing or weaving processing general VAT taxpayers in VAT amount shall be deducted pilot range of agricultural products.

Since November 1,

to buy agricultural products in jiangxi province as raw material production and marketing of rice, cotton and textile general VAT taxpayer, into the VAT amount shall be deducted pilot range of agricultural products.Specific provision: of ginned cotton per ton, and combed cotton, combed cotton yarn respectively according to 2.65 tons, 1.42 tons, 1.42 tons of seed cotton consumption quantity calculation, the silkworm cocoon per ton white steam filature calculated at 3.6 tons of cocoon consumption quantity, ramie refined dried-jute per ton according to 1.68 tons of ramie consumption quantity calculation, ramie yarn per ton according to 2.11 tons of ramie refined dried-jute consumption quantity calculation.

On January 1,

,

in jiangsu province will join "high) low buckle" pilot, the input tax deduction standard consistent with anhui province: production 1 ton combed cotton yarn cotton consumption calculated according to 1.4 tons, 1 ton a combed cotton yarn cotton consumption calculated according to 1.1 tons.VAT on purchase of the initial inventory turn out one-time pay warehouse have difficulty, can be extended to the end of June 2015 staging roll-out, but must do parameter management for tax authorities for verification.

people in the industry, this year the VAT amount shall be deducted method developed, is the result of the industry and look forward to many years, to strive for, is for cotton spinning industry now.To raise income taxes to 17% deduction with cotton, calculated at the current cotton prices, enterprise value-added tax can be greatly reduced, special is very favorable for single spinning enterprises.But the present accounting standards still exist unreasonable point of view, enterprise is able to calculate, gesture suggested, at the same time, have been implemented with not yet implemented in the enterprise to be able to out for the province related departments actively, the industry together to promote and perfect the reform of the "high low button".


Keyword:Cotton yarn, cotton, cotton, silk cocoons, price, textile, weaving, spinning, silk, feather

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