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Check your foreign trade export tax refund operation guide
Jun 14, 2024|
View:166As one of the three carriages of China's economic growth, foreign trade export is a project vigorously supported by the state, and the state has launched a tax rebate policy to promote foreign trade export. We foreign trade enterprises must also understand the detailed requirements of tax refund.
Export tax refund means that in international trade business, goods declared for export to China are returned to the value-added tax and consumption tax paid in accordance with the tax law in the domestic production links and circulation links, that is, the export link is exempt from tax and the tax paid in the previous tax link is refunded.
As an international practice, export tax rebate can reduce the overall tax burden of export goods to zero and effectively avoid international double taxation.
It is generally divided into two kinds: one is to refund the import tax, that is, when the export product enterprises use imported raw materials or semi-finished products, the processed products are exported, the import tax has been returned; The second is to refund the domestic tax paid, that is, when the enterprise declares the commodity for export, it will refund the domestic tax paid for the production of the commodity. The export tax rebate is conducive to enhancing the competitiveness of domestic goods in the international market and is adopted by all countries in the world.
1.Tax refund conditions
1. export tax refund enterprises must have the VAT general taxpayer qualification.
2. through a series of import and export procedures, to obtain import and export rights.
3. complete the export tax rebate certification procedures, complete the export tax rebate declaration.
4. the goods of export tax refund enterprises are export goods and goods within the scope of VAT export tax refund.
5. Export tax refund enterprises shall issue special invoices for VAT input tax certified by tax authorities for export goods.
6. even if the declaration of export tax refund business, it must be reviewed by the tax authority, the examination is not qualified, no tax exemption is established.
7. the export tax refund must be completed before the reconciliation settlement.
Even if the export enterprise has gone through the export tax refund application procedures and meets the above conditions, if the foreign trade enterprise applies for export tax refund for the first time, the tax bureau will come to the door for audit.
2. the basic policy of export tax rebate
Export tax exemption and tax refund policy (both exemption and refund). It is a tax exemption for the export sales link, the input tax refund for the pre-export procurement link, that is, the implementation of zero tax rate for export goods, the state follows the basic principle of "how much to refund" and "no tax refund".
Export duty-free but not refundable policy (only free and not refundable). That is, value-added tax on export sales is exempted, but input tax on purchase is no longer refunded.
① The pre-purchase link of the exported goods is tax-free, then the price of the goods at the time of export does not contain the input tax that can be deducted, so there is no need to refund.
② Special goods not subject to tax refund as stipulated by the State.
There is no tax exemption or tax refund policy for exports. That is, the export link is regarded as domestic sales, and it is taxed as usual, also known as the export tax policy, which is applicable to goods that are restricted or prohibited by the country.
3. the operation process of export tax rebate
1. First get the verification form online, log in to the system, enter the system, select export collection, and finally select the verification form to apply.
2. After receiving the verification form, follow the above operation to apply for the e-port IC card, as well as the above letter of introduction, after receiving these two things, you can go to the Administration of Foreign Exchange to get it.
3. The next step is the most important step, which is to stop the record of the write-off, log in to the system according to the above instructions to select export collection, and finally select the port for record.
4. Go through the customs formalities
(1) You can find a freight forwarder and inform them of the final location, weight and time of the export. They will give a quotation according to the company.
(2) Stamp the official seal on the letter of authorization for the preparation of export goods to the forwarder.
(3) Make packing with the freight forwarder, and dock with them to determine when to leave the ship.
(4) All the relevant information must be reported to the freight forwarder.
(5) Freight forwarder to customs declaration.
(6) The packing list should be filled in at the original scheduled time.
(7) Under normal circumstances, it will be shipped out after 2 to 3 days of packing.
(8) Within 2 to 3 days after the ship, the freight forwarder will pass to the company's ocean bill of lading.
(9) The forwarder will send the company the customs declaration documents 40 days after the declaration.
4. Tax refund process
The tax refund process of foreign trade exports includes five links, such as export tax refund (exemption) filing, export tax refund declaration, data processing and declaration, tax bureau audit, and receipt of tax refund.
5. Calculation of amount
1. export enterprises concurrently engaged in domestic sales and export business, and its export goods can not be accounted for separately, shall first calculate the output tax on domestic sales of goods and deduct the current input tax. The formula is:
(1) Sales amount × tax rate ≧ undeducted input tax
Tax refundable = uncredited input tax
(2) Sales amount x tax rate < undeducted input tax
Tax refundable = sales amount x tax rate
Input tax carried forward to be deducted in the next period = Input amount not deducted in the current period - tax refundable
2. If the export enterprise sets up a separate inventory account and sales record for the export goods, the calculation shall be based on the purchase amount and input tax listed in the special VAT invoice for the purchase and export goods.
Enterprises that use weighted average accounting for both inventory and sales can also calculate tax refunds based on goods with different tax rates:
Refundable tax = quantity of exported goods × weighted average purchase price × tax rate
6. Business documents
Purchase contract
Purchase invoice (VAT special invoice)(e-ticket is also available)
Purchase payment bank slip
Sales contract
Sales invoice (VAT ordinary invoice), export proforma invoice (tax bureau requirements will have regional differences)
Bank slip for export receipt
Logistics documents: export declaration elements, packing list, export release notice, export declaration, logistics loading list (shipping list), logistics bill of lading
Other documents to be kept for reference: logistics contract (order), logistics invoice, logistics payment bank memo, etc.
7. Do not pass the act
1, the export enterprise in the name of self-export, but does not bear the quality of the export goods, foreign exchange settlement or tax refund risk, that is, the export goods quality problems do not bear the foreign party's claim liability (except the contract has agreed on the quality responsibility of the undertakers); It shall not bear the responsibility for the failure to settle the foreign exchange on schedule, which can not be written off (except for the bearer of the foreign exchange settlement responsibility stipulated in the contract); Shall not be liable for non-refund of export tax due to problems with the materials, documents, etc.
2, An export enterprise exports in the name of its own operation, and its export business is substantially completed by other operators (or enterprises, individual operators or other individuals) other than the enterprise and the enterprise it invests in under the guise of the export enterprise.
3, After the export goods are checked and released by the Customs, the export enterprise itself or entrusting the freight forwarder to modify the name, specifications, etc., on the ocean bill of lading of the goods (for other modes of transport, the transport document submitted by the carrier to the consignor shall prevail), resulting in the inconsistency between the export goods declaration form and the relevant contents of the ocean bill of lading.
4, the export enterprise will blank export goods declaration form, export foreign exchange verification form and other export tax refund (exemption) documents to other units or individuals other than the consignment contract signed by the freight forwarder, customs broker, or the foreign importer designated by the freight forwarding company (to provide contract agreement or other relevant certificates).
5, Where an export enterprise exports in the name of its own operation and signs both a purchase contract and an export agent contract (or agreement) for the same batch of goods it exports.
6, An export enterprise does not substantially participate in export business activities, accept and engage in other export business introduced by intermediaries, but still exports in the name of self-operation.
8. Scope of taxation
1. the state clearly stipulates that the goods are not refundable (exempt from) VAT;
2. export enterprises to sell to the special areas of consumer goods and transportation;
3. Goods exported during the period when the export enterprise has been stopped by the tax authorities for tax refund (exemption) due to defrauding export tax refund;
4. export enterprises to provide false documents for the record of goods;
5. export enterprise VAT refund (exemption) tax vouchers have forged or false goods;
6. Export enterprises fail to declare duty-free write-off within the time limit prescribed by the State Administration of Taxation, and the competent tax authorities do not approve duty-free write-off of export cigarettes;
7. There are illegal operations.
Pay attention! The export tax rebate should meet four conditions:
① Taxable goods ② goods leaving the country ③ confirmed sales ④ foreign exchange collection and verification completed
