General

In 2020, my country has introduced a number of preferential tax policies, providing important support for stabilizing foreign trade. Some foreign trade enterprise personnel said that the increase in the tax rebate rate will help reduce the production cost of the enterprise. Under the circumstance of the same export price of the product, the gross profit of the product will increase.

Although foreign trade export tax rebate is a content that foreign trade export enterprises need to face frequently, because it involves a lot of professional tax knowledge, for some novice salespersons, it is inevitable that some of the concepts or the order of export tax rebate process will be confused.

So, today I will sort out the relevant knowledge of foreign trade export tax rebates for my friends. If you happen to lack professional knowledge in this area, I suggest you save this article in case you need it.

Before introducing the relevant content of foreign trade export tax rebate, let's briefly sort out the process of foreign trade export. The foreign trade export process includes: customer development, quotation, ordering, payment, stocking, packaging, customs clearance, shipping, transportation, bill of lading, and foreign exchange settlement.

1. The definition and method of export tax rebate

Export tax rebate refers to the refund of indirect taxes paid by export enterprises in the production and sales process.

Export tax rebates, export tax exemptions, and export taxation are the three main types of foreign trade export tax rebates. as the picture shows:

2. Export tax rebate process

The foreign trade export tax refund process includes five links: export tax refund (exemption) filing, export tax refund declaration, data processing and declaration, tax bureau review, and receipt of tax refund.

3. Common websites for foreign trade export tax rebates

Foreign trade companies need to download documents or submit relevant data in the process of export tax rebate filing or declaration, which involves many related websites:

1. China's single window for international trade

2. China Electronic Port

3. The digital foreign management platform of the International Administration of Foreign Exchange

4. General Administration of Customs of the People's Republic of China

5. State Administration of Taxation

4. General application procedures for foreign trade companies

The declaration process of foreign trade enterprises includes: data entry, review and approval, data inspection, confirmation of the detailed data of tax refund, generation of tax refund declaration data, self-inspection, and formal declaration.

Summarize:

For any foreign trade exporter in my country, they should be proficient in my country's export tax rebate policy and related procedures. The above sorted out content can help everyone to have a basic understanding of export tax rebate more quickly.