Consumption tax refers to a tax levied on specific consumer goods and services, and its tax payable is calculated as follows:
1.Determine the scope of taxation:First of all, it is necessary to clarify which goods or services fall within the scope of GST. According to the relevant laws and regulations of China, alcohol, cigarettes, gasoline, diesel and other high-energy consumption products and some luxury goods are subject to consumption tax.
2.Draw up a tax rate schedule:In order to facilitate taxpayers to understand and grasp the tax payable for different products, the corresponding tax rate table will be formulated. The tax rate table usually includes the scope of application of the different tax rates and the corresponding tax payable. For example, in China, the consumption tax implements a combination of proportional tax rate and progressive tax rate, and the specific tax rate can be adjusted according to the characteristics of different products.
3.Accounting sales revenue:The accounting of consumption tax is based on sales revenue, i.e. the amount of tax payable is calculated by multiplying the actual number of sales by the unit of sales**. For some special circumstances, such as imported goods, commissioned processing goods, etc., the impact of other factors such as tariffs also needs to be considered.
4.Add quick calculation deductions:There is also the concept of a quick deduction in GST, which is a deduction for the tax payable on certain consumer goods. The quick deduction is calculated by subtracting a certain amount of taxable income and multiplying it by the tax rate. For example, under China's current consumption tax system, the quick deduction is generally 2 yuan per 100 yuan of taxable income.
5.Calculation of tax payable:Based on the above steps, the excise tax payable for each taxpayer can finally be determined. The total taxable amount is equal to the sales revenue multiplied by the applicable tax rate plus the quick deduction.
6.Surrendered to the State Treasury:The ultimate purpose of consumption tax is to be used for state expenditure, so taxpayers need to pay the tax payable to the designated treasury account within the prescribed period.
In short, as an important tax policy, the calculation method of consumption tax payable is a relatively complex system engineering, which involves the comprehensive consideration of multiple links and factors. Through scientific and reasonable calculation methods and procedures, we can effectively standardize tax collection behavior and promote the healthy development of social economy.