Export tax rebates always give people a feeling that seems to be high and far away, but it is necessary for many import and export trade enterprises, after all, it can save a fee according to the relevant national policies, which is equivalent to the state to "welfare" enterprises.
Recently, some bosses have been consulting about export tax rebates and customs declarations~ It is better to choose a day than to hit the day, so I will tell you about export tax rebates today!
What is Export Tax Rebate?
Export tax rebate refers to the refund of value-added tax and consumption tax paid in accordance with the provisions of the tax law in various production links and circulation links in China for goods declared for export in the international trade business, that is, the export link is exempt from tax and the tax paid in the previous tax link is refunded.
Why export tax rebates?
In order to increase domestic income and encourage the export of domestic surplus products, the state has adopted the method of not taxing exports, so as to win a price advantage for export products in international trade.
Making good use of the export tax rebate policy is conducive to alleviating the financial pressure of enterprises, enhancing their own internal circulation, and allowing enterprises to "go out" with more confidence. However, in actual work, there are many export enterprises because the details are not in place, which has caused a lot of tax-related risks in export tax rebates. Moreover, businesses will always encounter these problems:
"I saw the new national policy and wanted the export tax rebate of the enterprise, but I didn't know where to start. The information on the Internet is very confusing, and the formal institutions cannot be found, which is really a headache. ”
"I exported a lot of goods in the previous period, and now I want to export tax rebates, so I can only try a single order?"
"I have a friend who knows export tax rebates, and he taught me that I couldn't figure it out, and I wanted him to do me a favor, but my friend always couldn't get out of his business with a lot of business."
"I don't know what to do if I ticked the wrong box when filling out the invoice?"
……
Many enterprises will encounter various problems when carrying out export tax rebates, but it is important to know that not all goods can be exported for tax rebates, and some conditions need to be met~
Conditions for export tax rebates
Scope of goods subject to export tax refund (exemption).
Export goods refer to the goods that actually leave the country and are sold to overseas units or individuals after customs declaration, and are divided into two categories: self-operated export goods and entrusted export goods. Except for the goods that are not eligible for tax refund (exemption) or do not meet the conditions for export tax refund (exemption) as specified by the state, they are all goods that are subject to export tax refund (exemption).
However, the following four conditions must also be met under general conditions:
(1) It must be goods that fall within the scope of VAT and consumption tax.
(2) It must be goods that have been declared for departure from the country. Export is the export of goods to the customs, which is one of the main criteria to distinguish whether it meets the requirements of tax refund (exemption).
(3) The goods must be financially processed for sale. All of them will be converted into RMB at the FOB price.
(4) It must be goods for export receipts.
Here's a small knowledge expansion: What are the prohibited products for export?
Tax refund method
"Exemption, credit and refund" is a form of taxation, general foreign trade enterprises are "exemption and tax refund", and the tax refund method of production enterprises is "exemption, credit and tax refund". Different tax refund methods and calculation methods are also different, so everyone should pay attention to this!
Exemption: It refers to the exemption of value-added tax on the production and sales of self-produced goods exported by the production enterprise;
Credit: refers to the refundable input tax on raw materials, parts, fuel, power, etc. used by the manufacturer to export self-produced goods, and offsets the tax payable on domestic goods;
Refund: It refers to the tax amount that has not been offset during the current period because the input tax payable is greater than the tax payable but has not been fully offset for the self-produced goods exported by the production enterprise, and the tax refund shall be granted after approval by the competent tax refund authority.
"0 tax refund rate"
There are two types of "0 refund rate":
1. Export tax exemption: that is, the tax exemption and non-tax refund policy is applied, and the value-added tax and consumption tax of the export link are exempted, but the value-added tax and consumption tax paid in the previous links are not refunded, and the taxpayers of the production enterprises should transfer out the value-added tax deducted in the previous links, and the corresponding input tax of the taxpayers of foreign trade enterprises cannot be used for deduction;
2. Export taxation: that is, the policy of no tax exemption and no tax refund is applied, and exports are treated as domestic sales, and VAT and consumption tax need to be paid, and the VAT and consumption tax paid before will not be refunded, but the input tax of the previous link can be deducted.
It should be noted that export tax rebates ≠ export taxes.
In addition, enterprises can determine whether they are duty-free or deemed to be sold domestically by looking at the special commodity identification of the customs commodity code.
The identification of special commodities is 1: it is forbidden to export or export without tax rebates, and it is regarded as domestic sales;
The special commodity identification is 2: tax exempt.
The type of company and the tax refund (exemption).
Note that it is not necessary to export a tax refund. Generally, there are three situations:
1. Small-scale companies
It cannot be refunded, but it can be exported directly and tax-free. However, the premise is that there must be an input invoice.
2. General taxpayers and foreign trade enterprises
In the case of qualified input invoices, export goods or services can apply for export tax refund (exemption).
3. General taxpayer production enterprises
You can apply for export exemption and tax refund, of course, this type is more complicated and needs to be analyzed on a case-by-case basis.
Generally, the bosses will feel difficult to do when they first come into contact with export tax rebates, do not understand professional terms, worry about the wrong calculation of tax rebates, and are very afraid that the company will not be able to successfully export tax rebates because of various processes.