Accounting treatment of overdue tax inspection:
Notice of People's Republic of China (PRC) State Taxation Bureau on Issuing the Measures for Daily Inspection of Value-added Tax;
"VAT check account adjustment method", for the account adjustment after VAT check, a special account of "tax payable-VAT check adjustment" should be set up. After inspection, the book input tax should be reduced or the output tax and input tax should be increased, and the relevant subjects should be debited and credited to this subject; Where, after inspection, the book input tax should be increased or the output tax and input tax should be reduced, the account should be debited and credited to the relevant account; After all reconciliation items are recorded, the balance of this account shall be settled:
1. If the balance is debited, it will be regarded as input tax. According to the debit balance, debit the account of "tax payable-value-added tax payable (input tax)" and credit this account.
2. If the balance is in the credit, but there is no balance in the subject of "tax payable-VAT payable", according to the credit balance, debit the subject and credit the subject of "tax payable-VAT payable".
3. If the account balance is in the credit, and the debit balance of the account "Taxable payable-VAT payable" is equal to or greater than the credit balance of the account, the account shall be debited according to the credit balance, and the account "Taxable payable-VAT payable" shall be credited.
4. If the balance of this account is in the credit, and the debit balance of the account "Taxable payable-VAT payable" is less than the credit balance of this account, the balance of these two accounts should be offset, and the difference should be credited to the account "Taxable payable-VAT payable".
The details of enterprise reconciliation after tax inspection are as follows:
According to the Measures for Daily Inspection of Value-added Tax in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), after the tax authorities check the payment of value-added tax, the general taxpayer of value-added tax should set up a special account for "tax payable-value-added tax inspection and adjustment" whenever the adjustment of tax-related accounts is involved. After inspection, the book input tax should be reduced or the output tax and input tax should be increased, and the relevant subjects should be debited and credited to this subject; Where, after inspection, the book input tax should be increased or the output tax and input tax should be reduced, the account should be debited and credited to the relevant account; After all reconciliation items are recorded, the balance of this account shall be settled. After processing, there is no balance in this account.
To sum up, it is enough to pay back the value-added tax in previous years according to the process.
Legal basis:
"People's Republic of China (PRC) tax collection and management law" twenty-eighth.
The tax authorities shall collect taxes in accordance with the provisions of laws and administrative regulations, and shall not levy, stop, overpay, underpay, prepay, postpone or apportion taxes in violation of the provisions of laws and administrative regulations.