quota invoice cannot deduct the input tax.
Input tax cannot be deducted: General quota invoice is an ordinary VAT invoice and cannot be used for input tax deduction. That is to say, the buyer can't use GM quota invoice to offset the VAT output tax payable by individuals.
quota invoice's functions are as follows:
1. quota invoice has a fixed face value, while ordinary invoices have a variable face value, so you can only write as much as you want;
2. The application scope of quota invoice is relatively small, generally in a few industries, such as catering, tickets and entertainment. Ordinary invoices are mostly used, and they are used in any industry. These two kinds of invoices are the same in accounting reimbursement and tax declaration, and both are reimbursed and taxed according to the face value;
3. Generally, ordinary invoices are issued in triplicate, and there will be other copies left to keep accounts, which is easy to be falsified. Quota invoice is quota invoice's stub, but it is inflexible. Taxpayers should hold the tax registration certificate, the identity certificate of the agent, the impression of the special seal for invoices made according to the style specified by the competent tax authorities in the State Council and other documents, and go through the formalities of invoice purchase with the competent tax authorities. The competent tax authorities shall, according to the business scope and scale of taxpayers, confirm the types, quantities and methods of receiving and purchasing invoices and issue invoice receiving and purchasing books.
I hope the above contents can help you. If you have any other questions, please consult a professional lawyer.
Legal basis: Article 2 of the Measures for the Administration of Invoices of the People's Republic of China
Units and individuals that print, purchase, issue, obtain, keep and cancel invoices within the territory of the People's Republic of China (hereinafter referred to as units and individuals that print and use invoices) must abide by these Measures.