The formula for calculating input tax credit for agricultural products: input tax credit = purchase price multiplied by the deduction rate.

General taxpayers purchasing taxed agricultural products - invoices to offset input tax 11%; general taxpayers purchasing tax-exempt agricultural products - calculation of input tax credit (11%, 13%); taxpayers purchasing the circulation of the full exemption of agricultural products; the purchase of input tax on tobacco (related to tobacco tax, more special). Calculation of these four cases: general taxpayers purchasing taxed agricultural products - invoices to offset input tax 11% of the calculation method: obtaining VAT invoices or customs import VAT special payment book: the amount of VAT indicated on the statutory tax deduction vouchers for the amount of input tax (11%).

Deduction policy for "agricultural products":

1. Production, sale or commissioned processing of "9% tax-rate goods" (such as simple processing business of washing and packaging agricultural products) and "6% tax-rate services" (such as simple processing business of washing and packaging agricultural products) and "6% tax-rate services" (such as simple processing business of washing and packaging agricultural products). tax rate services" (such as catering services)

The formula for calculating input tax is: input tax = purchase price (amount) multiplied by 9%

2. The production, sale or commissioned processing of agricultural products "13% tax rate goods"

According to the 10% deduction rate. Calculate input tax.

The formula for calculating input tax is: input tax = purchase price (amount) multiplied by 10%

In summary, the formula for calculating input tax for agricultural products is: input tax = purchase price multiplied by the deduction rate.

Legal basis:

Article 23 of the Implementing Rules of the Provisional Regulations of the People's Republic of China on Value-added Tax (VAT)

The following input taxes are allowed to be deducted from output taxes:

(1) The amount of value-added tax (VAT) stated in the special VAT invoice obtained from the seller.

(ii) The amount of VAT stated on the special VAT payment book for customs imports obtained from the customs.

(iii) The input tax amount calculated on the basis of the purchase price of the agricultural products stated on the purchase invoice or sales invoice of the agricultural products and the deduction rate of 13%, in addition to the VAT special invoice or the customs import VAT special payment book obtained for the purchase of agricultural products. The formula for calculating input tax: input tax = purchase price multiplied by the deduction rate.

(d) Purchase or sale of goods and payment of transportation costs in the process of production and operation, according to the amount of transportation costs and 7% of the deduction rate of the amount of input tax calculated on the bill of settlement of transportation costs.