How to deduct the input invoice for car purchase

Under the value-added tax system, the input invoices obtained by enterprises when purchasing goods or services can be used to deduct the corresponding output tax. For the purchase of a car, if the company is a VAT taxpayer and the car purchased is used for the company's production and operation activities, the input tax can be deducted in accordance with regulations.

The following is the general deduction process:

1. **Confirm qualification**: First, confirm whether the enterprise meets the deduction conditions. Not all purchases of cars can be deducted from input tax. For example, cars used for personal consumption are usually not allowed to be deducted.

2. **Get an invoice**: When purchasing a car, ask the seller for a compliant special value-added tax invoice. The purchase price of the vehicle and the amount of VAT will be shown on the invoice.

3. **Account processing**: Record the special value-added tax invoice obtained in the company's accounting accounts to ensure that the input tax amount of the invoice is correctly registered.

4. **Declaration of Deduction**: When making a VAT declaration, the registered input tax will be deducted from the output tax payable, thereby reducing the amount of VAT to be paid in the current period.

5. **Tax bureau review**: The tax bureau will check the compliance of deductions when reviewing a company's tax declaration. If the invoice or deduction does not meet the requirements, the deduction may be denied.

6. **Tracking records**: Enterprises need to keep relevant supporting documents and accounting records to prepare for the tax bureau to provide corresponding evidence during subsequent verification.

Please note that specific deduction rules, proportions and restrictions may vary with changes in tax laws and specific regulations in different regions.

I hope the above content will be helpful to you. If you have any other questions, please consult a professional lawyer.

Legal basis: Article 9 of the "Interim Regulations on Value-Added Tax"

When a taxpayer purchases goods, labor, services, intangible assets, or real estate, the VAT deduction certificate obtained does not meet the requirements In accordance with the relevant provisions of laws, administrative regulations or the taxation department of the State Council, the input tax shall not be deducted from the output tax.

Article 10

The input tax on the following items shall not be deducted from the output tax:

(1) Tax items used for simple tax calculation method , purchased goods, labor services, services, intangible assets and real estate exempted from value-added tax, collective welfare or personal consumption;

(2) Purchased goods with abnormal losses, as well as related labor services and transportation Transportation services;

(3) Purchased goods (excluding fixed assets), labor and transportation services used for abnormal loss of products in progress and finished products;

( 4) Other projects specified by the State Council.