01 When handling export tax rebates, pay attention to declaration procedures and time concepts
Export enterprises should pay special attention to the declaration procedures and the concept of time when handling export tax rebates to avoid losses.
When handling export tax rebates, you should pay attention to four time limits
30 days: After the foreign trade enterprise purchases import and export goods, it should promptly ask the supplier for a special VAT invoice or ordinary invoice, which is an anti-counterfeiting tax-controlled VAT invoice, and must go through the certification procedures within 30 days from the date of invoicing.
90 days: Foreign trade enterprises must go through the export tax rebate declaration procedures within 90 days from the date of export declaration of the goods, and production enterprises must go through the tax exemption and credit declaration procedures within three months from the date of export declaration of the goods.
180 days: The export enterprise must provide the local competent tax refund department with the verification form of export foreign exchange receipts (except for forward foreign exchange receipts) within 180 days from the date of export declaration.
3 months: If the paper tax refund certificate for export goods of an exporter is lost or the contents are incorrectly filled in, and it can be reissued or changed according to relevant regulations, the exporter may apply to the tax refund department for an extension of the declaration of tax refund (exemption) for export goods within the declaration period. , After approval, the application can be extended for 3 months.
02 Tax classification of export goods tax refund (exemption)
According to the current tax system, my country's export tax refund (exemption) tax is the value-added tax and consumption tax within the scope of turnover tax (also known as indirect tax);
The tax refund (exemption) for export goods is the value-added tax and consumption tax that have been paid in all aspects of domestic production and circulation of export goods.
Turnover tax generally refers to the so-called tax on items characterized by commodities. As far as my country's current tax system is concerned, turnover tax includes value-added tax, business tax, consumption tax, land value-added tax, customs duties and some local industrial and commercial taxes.
03Export tax rebate attached materials
1 customs declaration
The customs declaration form is a document filled in by the import and export enterprise to go through the declaration procedures to the customs when the goods are imported or exported, so that the customs can check and release the goods based on this.
2 Export sales invoice
This is the document filled out by the export enterprise according to the sales contract signed with the export buyer. It is the main document for foreign purchases, and it is also the basis for the accounting department of the export enterprise to record the sales revenue of export products.
3 Purchase Invoice
The main purpose of providing purchase invoices is to determine the supplier, product name, measurement unit, and quantity of export products, whether it is the sales price of the manufacturer, so as to divide and calculate the purchase cost.
4 Foreign exchange settlement bill or foreign exchange receipt notice
5 Waybill and Export Insurance Policy
It belongs to the direct export or entrusted export of self-made products by the manufacturer. If the settlement is based on the CIF price, the export cargo waybill and export insurance policy should also be attached.
6Contract Information
Enterprises that have the business of processing re-exported products with imported materials shall also submit the contract number, date, name and quantity of imported materials and parts, name of re-exported products, cost of imported materials and various taxes paid to the tax authorities. amount, etc.
7 Product tax certificate
8 Certificate that the export receipts have been written off
9 Other materials related to export tax rebates
04Goods tax refund method
At present, the tax refund methods for foreign-invested enterprises export goods include "first levy and then refund" and "exemption, credit, and refund" tax.
2 "First come and go back"
It refers to the goods exported by the production enterprise by itself or through the agency, which shall first be taxed according to the tax rate stipulated in the interim regulations on value-added tax, and then the tax authority in charge of the export tax rebate business shall comply with the stipulated tax rebate rate within the national export tax rebate plan. Approve tax refund.
2 Tax basis
The tax refund amount shall be calculated by multiplying the FOB value of the export goods in the current period by the exchange rate in RMB.
"FOB" (written as FOB price in English) is the FOB price at the port of shipment, but this FOB 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 of the buyer and the seller are divided. All are limited by the loading of goods on the ship. Therefore, the FOB price is the responsibility of the buyer to charter the ship and book the space, and apply for insurance to pay the transportation insurance fee.
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 the enterprise trades at the CIF price as the foreign export, 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 made at the CFR price, the freight should be deducted.
3 Calculation formula
Tax payable for the current period = output tax of goods sold in the current period + FOB price of exported goods in the current period × exchange rate in RMB × tax rate - all input tax in the current period
Current tax refund amount = FOB price of exported goods × foreign exchange RMB price × tax refund rate
Relevant explanation of the above calculation formula
①The input tax for the current period includes all the domestic purchased materials, water and electricity charges, transportation expenses that can be deducted, and the current value-added tax levied by the customs for the current period. The input tax can be deducted.
②The exchange rate of RMB shall be determined according to the two methods stipulated in the financial system, namely, the price of the day announced by the state or the average price of the 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 in the foreign exchange verification form submitted by the export goods, the tax authority will levy the tax based on the larger amount and refund the tax based on the amount recorded on the export goods declaration form.
④ If the amount of tax payable is less than zero, it will be carried forward to the next period to offset the amount of tax payable.
