1. Interest VAT invoice cannot be used to offset VAT;

2. The interest generated by the loan business belongs to the non-deductible items of VAT;

3. Ordinary VAT invoices shall be issued when selling goods, providing services or engaging in other business activities;

4, must be in accordance with the prescribed time limit, order, column by column, a one-time truthfully issued, and stamped with the special seal for the invoice of the unit;

5, the use of computer invoices must be approved by the state tax authorities, the use of the state tax authorities unified supervision of off-site invoices, and the stub issued by the order number bound;

6 invoices are only used by units and individuals purchasing in this city and county, and business premises invoices should be used across cities and counties;

7. When the contents of tax registration are changed, the procedures for changing invoices and invoice purchase books shall be handled;

8. Investment consulting fees, handling fees, consulting fees and other expenses directly related to loans paid by enterprises shall not be deducted from the input tax.

Tax treatment of loan interest:

1. Calculation method of loan interest: usually calculated according to loan principal, interest rate and loan term;

2. Accounting treatment of loan interest: In business accounting, loan interest is usually reflected in the income statement as a financial expense;

3. Pre-tax deduction of loan interest: under certain conditions, the loan interest paid by the enterprise can be deducted when calculating the taxable income;

4. Loan interest and value-added tax: loan interest does not belong to the scope of value-added tax and cannot be used to issue special invoices for value-added tax or deduct value-added tax;

5. Loan interest and income tax: For enterprise income tax, loan interest can be deducted as expenses when it meets the requirements, reducing taxable income.

To sum up, the value-added tax invoice of loan interest cannot be deducted from the value-added tax, and the service fees directly related to loans such as investment consulting fees, handling fees and consulting fees cannot be deducted from the input tax. Invoices must be issued in accordance with the prescribed procedures and conditions of use, including time limit, issuing order, stamping with special seals, using invoices supervised by national tax authorities and going through corresponding change procedures when the contents of tax registration change.

Legal basis:

Measures for the implementation of the pilot reform of business tax to value-added tax in People's Republic of China (PRC)

Article 27

The input tax amount of the following items shall not be deducted from the output tax amount: (1) Goods purchased, processing, repair and replacement services, intangible assets and real estate used for simple taxation, items exempted from value-added tax, collective welfare or personal consumption. The fixed assets, intangible assets and real estate involved only refer to the fixed assets, intangible assets (excluding other equity intangible assets) and real estate dedicated to the above projects. Taxpayers' social and entertainment consumption belongs to personal consumption. (two) abnormal loss of purchased goods, and related processing, repair and replacement services and transportation services. (3) Goods purchased (excluding fixed assets), processing and repair services and transportation services consumed by products in process and finished products with abnormal losses. (four) the abnormal loss of real estate, as well as the commodity procurement, design services and construction services consumed by the real estate. (5) Goods purchased, design services and construction services consumed by the real estate under construction with abnormal losses. Taxpayers' newly built, rebuilt, expanded, repaired and renovated real estates are all real estate projects under construction. (six) the purchase of passenger services, loan services, catering services, residents' daily services and entertainment services. (seven) other circumstances stipulated by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China. The goods mentioned in Items (4) and (5) of this article refer to materials and equipment that constitute real estate entities, including building decoration materials and water supply and drainage, heating, sanitation, ventilation, lighting, communication, gas, fire protection, central air conditioning, elevators, electrical and intelligent building equipment and supporting facilities.