Export Tax Rebate Operation Guide: Detailed Explanation of Process, Calculation, and Required Documents

Category: Export DrawbackDate: It is a policy that the state refunds part or all of the value - added tax or consumption tax already paid by export enterprises in order to encourage exports. This policy is of great significance for enhancing the international competitiveness of enterprises and promoting exports. However, the operation process of export tax rebate is relatively complex, involving multiple links and a large number of business documents. This article will introduce in detail the operation process of export tax rebate, including the receipt and filing of verification forms, the handling of customs declaration procedures, as well as the tax rebate process, amount calculation, and required business documents.Source: Import and Export Agency of Zhongshen International Trade

Home»Export Drawback»Export Tax Rebate Operation Guide: Detailed Explanation of Process, Calculation, and Required Documents

Export DrawbackI. Receipt and Filing of Verification Formsforeign tradeII. Handling of Customs Declaration Procedures

III. Tax Rebate Process and Related Calculations

Verification Form Filing

After receiving the verification form, the enterprise needs to file the verification form in the system. The operation process is to log in to the system, select export foreign exchange receipt, and finally select port filing.A complete export agency agreement should be attached with:Precautions

During the whole process, the enterprise needs to ensure that the information submitted is accurate to avoid affecting the subsequent tax rebate process.

Select a Freight Forwarder and Provide Information

The enterprise can choose a professional freight forwarder for customs declaration and needs to provide the freight forwarder with information such as the final destination of the export, the weight of the goods, and the shipping time. The freight forwarder will provide a quotation based on this information.

Packing and Submission of Materials

Online Receipt of Verification Forms

The enterprise needs to give the power of attorney for the export goods stamped with the official seal to the freight forwarder and coordinate the packing time with the freight forwarder. Ensure that all relevant materials, including the packing list, are reported to the freight forwarder.

Bill of Lading and Customs Declaration Materials

The freight forwarder will send the ocean bill of lading to the enterprise within 2 - 3 days after the goods are loaded on the ship. 40 days after customs declaration, the freight forwarder will send the customs declaration materials to the enterprise.

Tax Rebate Process

Cultural and Religious NormsMaritime TransportationThe export tax rebate process includes links such as export tax rebate filing, tax rebate declaration, data processing and declaration, tax bureau review, and arrival of tax rebate funds.

Amount Calculation

First, the enterprise needs to log in to the export tax rebate system, select the export function, and then select verification form application for operation. After receiving the verification form, the enterprise needs to go to the foreign exchange administration to collect it according to the system prompts, using the electronic port IC card and a letter of introduction.

The calculation of the tax rebate amount needs to be carried out according to the specific situation of the enterprise. Whether it is an enterprise that concurrently operates domestic sales and export business or an enterprise that separately accounts for export goods, it needs to calculate based on factors such as sales amount, tax rate, and input tax amount.

Preparation of Business Documents

When handling tax rebates, enterprises need to prepare complete business documents, including purchase contracts, invoices, bank statements, sales contracts, customs declaration documents, etc.

Must the export invoice be issued according to the FOB price?

Complete Guide to Export Tax Rebate: How Can Enterprises Skillfully Respond to International Market Challenges?

Operation Guide for Export Tax Rebate: Detailed Explanation of Process, Calculation, and Required Documents_Shanghai Zhongshen International Trade Import and Export Agency Service

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