1 From July this year 1, the value-added tax rate was reduced from the fourth level to the third level 17%, 1 1%, 6%, and the tax rate of 13% was cancelled.
2. Reduce the VAT rate of agricultural products and natural gas from 13% to 1 1%.
3. Maintain the original deduction for agricultural products purchased by agricultural products deep processing enterprises, and avoid increasing the tax burden due to the reduction of input deduction.
The tax rate for selling or importing the following goods is reduced from 13% to 1 1%.
1, grain and edible vegetable oil;
2, tap water, heating, air conditioning, hot water, gas, liquefied petroleum gas, natural gas, biogas, residential coal products;
3. Books, newspapers and magazines;
4, feed, fertilizer, pesticides, agricultural machinery, agricultural film;
5. Other goods specified by the State Council.
Second, the relevant provisions
1. Which products belong to the agricultural products defined by the VAT policy?
The Ministry of Finance's Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Policies Concerning Degenerate VAT Rate stipulates that agricultural products refer to the primary products of various animals and plants produced by planting, aquaculture, forestry, animal husbandry and aquaculture.
2. Which agricultural products can enjoy the VAT exemption policy?
The Ministry of Finance's Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Printing and Distributing Notes on the Scope of Taxation of Agricultural Products (Caishuizi [1995] No.52) stipulates that "self-produced agricultural products sold by agricultural producers" in the first item of the tax-free items listed in Article 16 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC), Refers to the self-produced agriculture directly engaged in plant planting, harvesting, animal breeding and fishing listed in the notes. The purchased agricultural products sold by the above-mentioned units and individuals, as well as the agricultural products produced, processed and sold by the units and individuals, still belong to the agricultural products listed in the notes and do not belong to the scope of tax exemption, and value-added tax should be levied at the prescribed tax rate. "
Three. Summary of VAT Exemption Policy for Direct Selling of Agricultural Products
Notice of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China of the Ministry of Finance on Exemption of Value-added Tax for Grain Enterprises (Caishuizi [1999]No. 198) and Notice of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China of the Ministry of Finance on Exemption of Value-added Tax Policy for Reserved Soybean (Caishuizi [20 14] No.38) stipulate: 1. Two, for other food enterprises operating food, except for the following items shall be exempted from value-added tax, value-added tax shall be levied. (1) Commissary: refers to the food supplied to the China People's Liberation Army and the Chinese People's Armed Police Force at the commissary supply price on the strength of commissary vouchers and commissary supply certificates. (2) Disaster relief food: refers to the food that is approved by the people's government at or above the county level and supplied to the victims in need at the prescribed sales price with the aid of disaster relief food (certificate). (3) Rations for reservoir migrants: refers to the food supplied to reservoir migrants at the prescribed sales price with the approval of the people's government at or above the county level.
The Notice of the Ministry of Finance, People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on the Policy of Degenerate VAT Rate (Caishui [2017] No.37) stipulates that "agricultural products refer to the primary products of various animals and plants produced by planting, aquaculture, forestry, animal husbandry and aquaculture. The specific scope of taxation continues to be implemented in accordance with the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China on Printing and Distributing the Notes on the Scope of Taxation of Agricultural Products (Caishuizi [1995] No.52) and the current relevant regulations, including dried noodles, dried ginger, turmeric, corn germ, animal bones and sterilized milk produced according to the national food safety standard-pasteurized milk. "