Can an already commissioned agency export be delegated?Export DrawbackThe answer is yes. Below is the tax rebate process forforeign tradecompany agency exports.
Process
Foreign trade export enterprises must open basic accounts, verification accounts, and USD accounts at banks.
Foreign trade export enterprises must register on the enterprise directory at the foreign exchange administration bureau. (Refer to the foreign exchange administration bureau website for details.)
Obtain the customs declaration form about 45 days after export declaration. The customs declaration form must be submitted and declared on the electronic port, and the declaration form information must be downloaded.
It is best to issue the purchase VAT special invoice after obtaining the pre-recorded customs declaration information, as the VAT special invoice must match the information on the customs declaration form and be authenticated and approved in the deduction system.
When the payment is received andIn order to crack down on tax evasion, the customs and tax departments are now strictly examining the operation of buying export declarations. If the behavior of buying export declarations is discovered, the regulatory authorities will require tax replenishment (even a 2% tax rate may be a considerable amount). In addition, fines may also be imposed on the relevant responsible parties.the bank income declaration form (with the declaration serial number) is available, the VAT special invoice is authenticated and approved, the self-made export invoice is ready, the downloaded customs declaration form information is prepared, and the export income accounting voucher and cost transfer accounting voucher are recorded, you can proceed to the export tax rebate software for pre-declaration entry (import customs declaration information and entry operations) and create a pre-declaration information USB file to submit to the national tax export rebate office for pre-declaration.
After the pre-declaration is approved, process the feedback information. If there are no issues, proceed to formal declaration, print reports, and create a formal declaration USB file to submit to the national tax rebate office for formal declaration. After successful formal declaration, the export tax rebate will be received in two to three months. Non-rebate portions will be transferred to costs.
Process
The agent provides the principal with international trade practices and quotation services (if required);
The agent, upon the principals authorization, signs the Foreign Trade Goods Export Contract with foreign buyers and prepares proforma invoices;
Review and acceptanceLetter of Credit(if required), track contract execution progress;
Prepare export documents (commercial invoice, packing list) based on packing details provided by the principal;
Assist the principal in obtaining export approval documents;
Assist the principal in completing export commodity inspection, animal and plant quarantine procedures;
Handle certificate of origin;
Arrange export shipping procedures;
ProcessExport Clearanceprocedures;
Deliver full set of documents (to foreign buyers or banks);
11. A complete export agency agreement should be attached with:Settle foreign exchange and complete foreign exchange verification procedures afterwards;
The agent settles accounts with the principal and collects/makes payments.
The above is the complete content of What are the export agency tax refund procedures for foreign trade companies? For more information, please stay tunedDangerous Goods.
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