"Tax Planning Collection" acetic acid production method different tax effect

There are many tax-planning methods for consumption tax, and consumption tax can sometimes be saved by changing the production process .

Let's take a look at the following example:
A city of a chemical plant, the main production and operation of acetic Ester . 2002 Product sales revenue of 800 million yuan, realize the profit of 30 million yuan, pay various taxes 75 million yuan, including consumption tax more than 15 million yuan.
The production process of the enterprise is as follows:
(1) The production of alcohol by grain as raw material. In general fermentation, only 10% of ethanol, after distillation can be obtained 95.6% of alcohol.
(2) Further fermentation of alcohol to make acetic acid.
(3) acetic acid and ethanol esterification reaction, the formation of acetic ester.
The final product of the enterprise is acetate, which, according to the tax law, is not a consumer tax taxable consumer goods, but because the production of acetic ester requires self-produced taxable consumer goods ——— alcohol, so the use of alcohol is subject to the consumption tax . According to the relevant provisions of the provisional regulations on consumption tax and its implementing rules, taxpayers who use their own taxable consumer goods for the continuous production of non-taxable consumer goods shall be deemed to be in accordance with the provisions of the Sales Act and pay consumption tax.

The sales tax shall be calculated on the basis of the price of the same products, if no similar products are sold.

In 2002, the enterprise led the production cost of 280 million yuan, the consumption tax = the composition of the tax price x consumption tax rate = Cost x (1+ cost profit margin) ÷ (1-consumption tax rate) x consumption tax rate =28000x (1+5%) ÷ (1-5%) x5%=1547.37 (million yuan).
In the face of high consumption tax, corporate finance director has been very headache.

Is it possible to reduce the tax burden through legal tax planning?

Recently, the company's financial controller to the author to consult this question.

The author analyzes: The reason why the enterprise to pay excise tax, because its intermediate product alcohol is taxable consumer goods, if can change the production process, as the intermediate product of alcohol replacement, the same production of acetic ester, then this problem solved.

The production of acetic acid ester must be acetic acid, and the production of acetic acid channels, can be obtained by means of grain fermentation, can also be produced by other methods.

According to this idea, the author finds the relevant data, found that there are four ways to make acetic acid, the fermentation method used by the company to produce acetic acid, is a relatively primitive method.

This method not only consumes food, but also produces high cost. Most foreign enterprises have not adopted this method of production.

The other three ways of producing acetic acid are:
Preparation of industrial acetic acid by synthetic method. The method is synthesized by ethylene or calcium carbide, acetaldehyde is catalyzed by manganese acetate and oxidized into acetic acid by oxygen or oxygen in the air.
Second, using LPG C2-C4 direct distillate oxidation to acetic acid. This method has been put into use in foreign countries, and has gradually replaced the trend of acetaldehyde oxidation method.
The acetic acid is made from methanol and carbon monoxide under normal pressure. Because methanol is made from carbon monoxide and hydrogen, acetic acid can be produced using carbon monoxide and hydrogen as raw materials.
No GST is required for all three of these methods.

After investigation, in the above three methods, it is not only easy to make acetic acid by direct oxidation of LPG c2-c4 fractions, but also low investment cost.
The company is not aware of the need to pay excise tax at the time of production of the existing production line, if the current change in the manufacturing process company will cause a large number of equipment idle, not worth the candle.

Therefore, the company can only use the new method in expanded reproduction. It is: To mend, mend.

"Tax Planning Collection" acetic acid production method different tax effect