Do chemical wholesalers need to pay taxes on their sales?

chemical wholesalers need to pay taxes on their sales, mainly involving value-added tax, corporate income tax, and other additional taxes.
value added tax
chemical wholesalers are required to pay value-added tax when selling chemicals. According to the Provisional Regulations of the People's Republic of China on Value added Tax, chemicals belong to the category of goods sales and therefore are subject to value-added tax. The tax rate of value-added tax varies depending on the taxpayer:
General taxpayers: The usual tax rate is 13% (please note that the specific tax rate may change due to policy adjustments). This type of taxpayer can offset the input tax on purchased goods.
Small scale taxpayers: subject to a levy rate of 3%. This type of taxpayer cannot deduct input tax.
corporate income tax
Enterprises engaged in chemical wholesale business are also required to pay corporate income tax. The tax rate for corporate income tax is 25%, but small and micro profit enterprises may enjoy lower tax rates.
Other tax categories
In addition, it may also involve taxes such as urban maintenance and construction tax, education surcharge, and local education surcharge. The calculation methods and tax rates of these taxes depend on specific tax policies and regional regulations.
Handling of mixed sales
If chemical wholesalers also provide services (such as logistics), it may involve mixed sales. According to the Implementation Measures for the Pilot Program of Replacing Business Tax with Value added Tax, mixed sales activities shall pay value-added tax according to the sales of goods.