2015-01-30 16:21:32

The input tax cannot be used as deduction from output tax in the case of purchasing raffle prizes for company’s year-end party because they are purchased as rewards for employees. Giving the prizes to the employees does not need to be deemed as selling goods and there’s no need to issue uniform invoices. If the raffle prizes were intended to be goods for sale, then giving the prizes to the employees should be deemed as selling goods and uniform invoice(s) should be issued because the input tax paid at the time of purchase has been reported and deducted from the output tax. The input tax from the expenses of year-end party venue, food, entertainment, etc. also cannot be used as deduction.