For general taxpayers, if the enterprise still has inventory balance after cancellation, the inventory balance should be calculated according to the applicable tax rate of the inventory to pay the deducted tax, because the input tax of the inventory was deducted when it was originally purchased, which reduced the tax payable in the current period. Since the current inventory has withdrawn from the business activities of the enterprise, it is necessary to adjust the input tax deducted in advance.
Liquidation should pay attention to how the enterprise handles all assets, including inventory, and if it is distributed to shareholders or investors, it should be regarded as sales; If you give it to others for free, it should be regarded as sales; If it has no use value and is abandoned or lost, it should be regarded as an abnormal loss, and the input tax should be transferred out to pay back the tax.
After the cancellation of tax registration, the enterprise can no longer carry out business activities. If the enterprise's inventory has not been processed and there is still inventory to be sold after a period of time, it should open an ordinary invoice with the tax authorities with the settlement certificate of the purchasing unit and the purchase and sale agreement between the two parties, and pay taxes according to the tax policy. According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Some Policy Issues of Value-added Tax (Caishui [2005] 165), when a general taxpayer cancels or is disqualified from the tutorial period and becomes a small-scale taxpayer, its inventory will not be transferred out of the input tax, and its tax credit will not be refunded.