Dry goods | Time limit regulations and necessary materials for foreign trade export tax rebates

01 When handling export tax rebates, you must pay attention to the declaration procedures and time concepts.

Export enterprises should pay special attention to the declaration procedures and time concept when handling export tax rebates to avoid losses.

When applying for export tax rebates, you should pay attention to the four time limits:

30 days:After foreign trade enterprises purchase import and export goods, they should promptly obtain a special VAT invoice or an ordinary invoice from the supplier. This is an anti-counterfeiting tax-controlled VAT invoice and must undergo certification procedures within 30 days from the date of invoice issuance.

90 days:Foreign trade enterprises must handle the export tax refund declaration procedures within 90 days from the date of customs declaration of goods for export, and manufacturing enterprises must handle tax exemption and tax refund declaration procedures within three months from the date of customs declaration of goods for export.

180 days:Export enterprises must provide the export foreign exchange collection verification form (except forward foreign exchange collection) to the local competent tax refund department within 180 days from the date of declaration of goods for export.

3 months:If the paper tax refund voucher for the export goods of the export enterprise is lost or the content is filled in incorrectly, and it can be reissued or changed according to relevant regulations, the export enterprise can submit an application to the tax refund department for an extension of the tax refund (exemption) declaration for export goods within the declaration period. After approval, , the application can be extended for 3 months.

02Tax classification of export goods tax refund (exemption)

According to the current tax system regulations, the tax refunds (exemptions) for my country's export goods are two types of taxes: value-added tax and consumption tax within the scope of turnover tax (also known as indirect tax);

The tax refund (exemption) for export goods refers to the value-added tax paid and the consumption tax payable in all aspects of domestic production and circulation of export goods.

Turnover tax refers generally to the so-called taxes on items characterized by commodities. As far as my country's current tax system is concerned, turnover taxes include value-added tax, business tax, consumption tax, land value-added tax, customs duties and some local industrial and commercial taxes.

03Export tax rebate accompanying materials

1 customs declaration form

The customs declaration form is a document that the import and export enterprise completes the declaration procedures with the customs when the goods are imported or exported, so that the customs can inspect and release the goods.

2Export sales invoice

This is a document filled out by the export enterprise based on the sales contract signed with the export buyer. It is the main voucher for foreign businessmen to purchase goods, and is also the basis for the accounting department of the export enterprise to record the sales revenue of export products.

3. Purchase invoice

The purpose of providing purchase invoices is mainly to determine the supplier unit, product name, unit of measurement, quantity of the export product, and whether it is the sales price of the production enterprise, so as to divide and calculate the purchase costs, etc.

4. Foreign exchange settlement receipt or foreign exchange collection notice

5. Waybill and export insurance policy

For self-made products exported directly or entrusted to be exported by the manufacturing enterprise, if the product is settled at CIF price, the export cargo waybill and export insurance policy should also be attached.

6Contract information

Enterprises that have the business of processing imported materials and re-exporting products should also report to the tax authorities the contract number and date of the imported materials and parts, the name and quantity of the imported materials and parts, the name of the re-exported products, the cost of the imported materials and the actual payment of various taxes. Amount etc.

7Product tax certificate

8. Certificate of written-off export receipts

9. Other materials related to export tax rebates

04Measures for tax refund on goods

At present, the tax refund methods for exported goods by foreign-invested enterprises include "collect first and then refund" and "exempt, offset and refund" taxes.

2 "Advance first, then retreat"

It means that goods exported by production enterprises themselves or entrusted to export by agents shall first be taxed according to the tax rate stipulated in the interim regulations on value-added tax, and then the tax authorities in charge of export tax refund business shall apply the specified tax refund rate within the national export tax refund plan. Approval of tax refunds.

2 Basis for tax calculation

The "collect first, then withdraw" method calculates the amount of tax refundable based on the FOB price of exported goods in the current period multiplied by the RMB exchange rate.

"FOB price" (written as FOB price in English) is the price delivered on board the ship at the port of shipment, but this delivery price is a symbolic price, that is, the seller will hand over the necessary shipping documents to the buyer to collect the payment according to the contract, and the risks between the buyer and the seller are divided They are all based on the loading of goods on board the ship. Therefore, for the FOB price, the buyer is responsible for chartering the ship, booking space, handling insurance and paying the freight premium.

The most commonly used conversion methods for FOB, CFR and CIF prices are as follows:

FOB price = CFR price - freight = CIF price × (1 - insurance premium × insurance rate) - freight

Therefore, if an enterprise uses the CIF price as the export transaction, after the goods leave the country, the foreign freight, insurance premiums, commissions and financial expenses incurred by the enterprise should be deducted; if the transaction is done at the CFR price, the freight should be deducted.

3 Calculation formula

Tax payable for the current period = Output tax for domestically sold goods for the current period FOB price for exported goods for the current period × Foreign exchange RMB price × Tax rate – All input tax for the current period

The amount of tax refundable in the current period = FOB price of export goods × foreign exchange RMB price × tax refund rate

Relevant explanations of the above calculation formulas

①The input tax for the current period includes all domestic purchases of materials, water and electricity bills, transportation fees that are allowed to be deducted, the value-added tax collected by the customs for the current period, and other input taxes that can be deducted according to tax laws.

② The foreign exchange RMB quotation price should be determined according to the two methods stipulated in the financial system, namely the national quotation price for the day or the average price at the beginning and end of the month. Once the calculation method is determined, the enterprise cannot change it within a tax year.

③ If the actual sales revenue of the enterprise is inconsistent with the amount recorded on the export goods declaration form and foreign exchange verification form, the tax authorities will tax the larger amount and refund the tax based on the amount recorded on the export goods customs declaration form.

④If the tax payable is less than zero, it will be carried forward to offset the tax payable in the next period.

for example

A shoe factory exported 30,000 dozen shoes in March 2000, of which: (1) 28,000 dozen were sold at FOB price, each dozen was US0, and the RMB and foreign exchange price was 1:8.2836 yuan; (2) 2,000 dozen were sold at CIF price, each dozen 240 US dollars, and pay 20 yuan for shipping, 10 yuan for insurance, and 2 yuan for commission per dozen. The RMB and foreign exchange rate is 1:8.2836 yuan.

During the current period, domestic sales of shoes were 19,400 dozen yuan, with sales revenue of 34,920,000 yuan. The output tax was 5,936,400 yuan. The deductible input tax for the month was 10,800,000 yuan. The tax rebate rate for shoes was 13%. Calculate the amount of tax payable and the amount of tax refundable using the "collect first, then refund" method.

Calculate the sales revenue of exported self-produced goods: sales revenue of exported self-produced goods = FOB price × foreign exchange RMB price (CIF price - transportation fee - insurance premium - commission) 240-20-10-2)×8.2836=49834137.60 (yuan)

Tax payable for the current period = Output tax for domestically sold goods for the current period FOB price of exported goods for the current period

The amount of tax refundable in the current period = FOB price of export goods in the current period × foreign exchange RMB price × tax refund rate