A general taxpayer of value-added tax sells its own software products developed and produced. After collecting value added tax at 17% tax rate, the policy of levy and refund is applied to some parts whose actual value of tax is more than 3%.
For example, a software manufacturer is a general taxpayer of value added tax. In December 2014, the software developed by itself sold 2 million yuan without sales tax. The purchase material was used for the development of software products this month, and the VAT invoice was made, indicating the tax amount was 130 thousand yuan. The value added tax of the software production enterprise is to return.
Value added tax on =200 x 17%-13=21 (million)
Tax rate =21/200 x 100%=10.5%
Value added tax should be retreated =21-200 x 3%=15 (ten thousand)