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Can input tax be deducted from ordinary invoices of agricultural products?

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Can input tax be deducted from ordinary invoices of agricultural products?


        

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  • 2024-06-13 04:00:49

    Can input tax be deducted from ordinary invoices of agricultural products?
    Yes, the sales of self-produced vegetables can be tax-free, and only ordinary invoices can be issued. According to the Provisional Regulations of the People's Republic of China on Value Added Tax, self-produced agricultural products sold by agricultural producers are exempt from value-added tax. According to Article 31 of the Detailed Rules for the Implementation of the Provisional Regulations on Value Added Tax, agricultural producers include units and individuals engaged in agricultural production. In the tax law, whether an enterprise is an agricultural producer is not judged by the nature of the industry to which the enterprise belongs, but by whether the enterprise grows or breeds agricultural products. The tax law does not stipulate that only units and individuals engaged in agricultural production are agricultural producers.

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