Interpretation of the "Announcement of the Sichuan Provincial Taxation Bureau of the State Administration of Taxation on Regulating the Declaration of the Minimum Taxable Price of Liquor Consumption Tax"
In order to clarify the issues related to the declaration of the minimum taxable price of liquor consumption tax, the Sichuan Provincial Taxation Bureau of the State Administration of Taxation has prepared and issued this announcement in accordance with the Notice of the State Administration of Taxation on Strengthening the Administration of the Collection and Administration of Liquor Consumption Tax (Guo Shui Letter [2009] No. 380) and the Announcement of the State Administration of Taxation on the Approval of the Minimum Taxable Price of Liquor Consumption Tax (SAT Announcement [2015] No. 37). Specifically, this includes.
1. On the declaration and verification of new liquor products
The announcement clarifies the time for liquor production enterprises to submit the "Baijiu Related Economic Indicator Declaration Form" for new liquor products (including new liquor products that have been entrusted for processing and recovery, the same below), that is, the relevant information of the new liquor products should be reported to the competent tax authorities within the month following the new liquor products. At the same time, the announcement also clarifies that liquor production enterprises should self-declare the relevant information of new liquor products within the month after the final first-level sales unit has sold new liquor products to the outside world for 12 months.
2. Re-declare the nuclear price of liquor products with approved prices
The announcement clarifies that the conditions for re-verification of the re-priced liquor products with the approved price are that, compared with the external sales price declared by the final first-level sales unit when it applied for the minimum taxable price of the approved consumption tax, the continuous increase or decline time reached more than 3 months and the cumulative increase or decline was more than 20% (inclusive). For liquor products that meet the conditions for re-verification of prices, liquor production enterprises shall self-declare the verification price within the next month after meeting the conditions for re-verification.