How to deal with simple inventory write-off in enterprises

With the state's support for economic development, the entry threshold for enterprises has decreased, but the cancellation procedures for enterprises are still cumbersome, which has brought a lot of inconvenience to many small and medium-sized enterprises. In this context, the simple cancellation procedure came into being. It is convenient and quick to cancel the summary procedure itself, so the problem of inventory disposal must be solved as soon as possible. I have compiled the following related contents for you, hoping to help you.

I. Simple cancellation of enterprises

In the first half of 20 15, the state administration for industry and commerce selected Pudong new area in Shanghai, Yancheng city in Jiangsu province, Ningbo city in Zhejiang province and Shenzhen city in Guangdong province to organize the pilot program of simple cancellation of unopened enterprises and enterprises without creditor's rights and debts. At present, the scope of the pilot is gradually expanding. As long as the pilot programs around the country conform to the principles of relevant documents and are reported to the State Administration for Industry and Commerce for the record, the pilot work of simple cancellation of enterprises can be directly carried out. Taking Shanghai as an example, enterprises that meet the simple cancellation conditions only need to publicize their unopened or debt-free status on the enterprise credit information publicity platform, and then submit materials to the registration authority after publicity. The registration authority will make a public announcement 10 day through the enterprise credit information publicity platform the day after acceptance, and provide three materials. The market supervision department will review the materials and complete the cancellation in about 20 days, saving 2/3 of the time.

Two, the general taxpayer in the enterprise to cancel the inventory processing method.

When the general taxpayer cancels the tax registration, if the output tax of the enterprise is greater than the input tax, and the enterprise still has the inventory balance after paying the value-added tax according to the relevant policies of canceling the enterprise, it should calculate the inventory balance according to the applicable tax rate of the inventory to pay the tax deduction, because the input tax of the inventory has been deducted at the initial purchase, which reduces the current taxable amount. As the inventory in this period has withdrawn from the business activities of the enterprise, the withholding input tax should be adjusted. This not only conforms to the legislative principle of value-added tax, but also prevents enterprises from using high inventory to increase tax deduction and tax evasion.

The enterprise was cancelled according to law, and the qualification of general VAT taxpayer was cancelled, indicating that the enterprise will no longer exist. At this time, we should pay attention to how the enterprise handles all assets, including inventory. If it is distributed to shareholders or investors, it will be regarded as sales. If it is given to others for free, it should be regarded as sales; If it is useless, abandoned or lost, it should be regarded as an abnormal loss, and the input tax should be transferred out of the tax.

Three, small-scale taxpayers write off enterprise inventory processing methods

Due to the particularity of small-scale taxpayer enterprises in policy, the value-added tax paid by small-scale taxpayer enterprises should not enter the input tax, nor be deducted from the output tax, but should be included in the purchase cost, regardless of whether a special VAT invoice is obtained. Therefore, if it is verified that the inventory is within the normal range (that is, the usual tax burden is normal, the inventory accounts are consistent and there is no falsehood), the input tax or withholding output tax should not be transferred out. When a small-scale taxpayer enterprise is cancelled, its inventory is not subject to tax adjustment.

The enterprise cancellation procedure is complex and long, and the simple cancellation procedure has brought a lot of convenience to small and medium-sized enterprises. However, a simple process does not mean that everything should be handled. For the inventory and tax issues involved, it is still necessary to clean up.