The store sells bread to the customer for 120 rubles
Posted: Thu Feb 13, 2025 4:05 am
The buyer, represented by a bakery, pays, for example, 60 rubles to the flour manufacturer: 50 rubles directly for the flour and an additional 10 rubles of VAT. The flour manufacturer transfers VAT to the budget according to the established rule - 10 rubles.
Next, the bakery uses 100 grams of flour to bake one loaf of bread. It sells it to the store for 80 rubles, charging VAT at 20% (16 rubles). The store pays the bakery 96 rubles: 80 rubles for the bread + 16 rubles VAT. In this case, the bakery transfers to the budget only the last 6 rubles - the difference between its VAT (16 rubles) and the VAT already paid on the flour (10 rubles).
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, including VAT of 20% (20 rubles). The customer pays 120 rubles, and the store pays VAT of only 4 rubles - the difference between its VAT (20 rubles) and that paid to the bakery (16 rubles).
If we consider an act of gratuitous donation, for example, of goods, then the Russian company will have to pay VAT on it in any case. However, from its own funds.
What is VAT for?
VAT plays an important role both for the state economy and for business. The tax is one of the main sources of budget replenishment, and it also helps to control the economic activity of business based on the results of the reporting period - most often a quarter.
In turn, companies that operate officially and comply with tax requirements are given the opportunity to legally reduce their tax liabilities through VAT deductions on the specified purchased goods and services.
Next, the bakery uses 100 grams of flour to bake one loaf of bread. It sells it to the store for 80 rubles, charging VAT at 20% (16 rubles). The store pays the bakery 96 rubles: 80 rubles for the bread + 16 rubles VAT. In this case, the bakery transfers to the budget only the last 6 rubles - the difference between its VAT (16 rubles) and the VAT already paid on the flour (10 rubles).
Corporate messenger on your server in 10 minutes
We will provide a free period. We will help you set up Compass on your servers or in the namibia phone number list cloud. We will simplify the move and adaptation of the team.
Order a consultation
, including VAT of 20% (20 rubles). The customer pays 120 rubles, and the store pays VAT of only 4 rubles - the difference between its VAT (20 rubles) and that paid to the bakery (16 rubles).
If we consider an act of gratuitous donation, for example, of goods, then the Russian company will have to pay VAT on it in any case. However, from its own funds.
What is VAT for?
VAT plays an important role both for the state economy and for business. The tax is one of the main sources of budget replenishment, and it also helps to control the economic activity of business based on the results of the reporting period - most often a quarter.
In turn, companies that operate officially and comply with tax requirements are given the opportunity to legally reduce their tax liabilities through VAT deductions on the specified purchased goods and services.