For the general taxpayer, we all know that after the purchase of raw materials, the input tax obtained by the purchase of raw materials can be said to offset the VAT output tax. But raw materials can be lost for a variety of reasons. In view of this situation, the tax law has also made detailed provisions, for the damage caused by different reasons, VAT input tax treatment is also different.

For example, if a company's stock of raw materials is destroyed due to natural disasters, then the input tax obtained from the purchase of these raw materials50WThe output tax can still be offset without the input tax transfer, because this is a normal loss. This is a big change from the previous provision, which helps to reduce the burden on taxpayers affected by the disaster.

But if another company due to mismanagement caused by theft, loss, mildew deterioration losses, then the purchase of this batch of raw materials to obtain the input tax20WYou can't deduct VAT output tax. Need to target this20WInput tax is transferred out.

Therefore, for the damage of raw materials, it is necessary to treat the input tax of VAT differently according to the different reasons for the damage.

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