Who should handle the tax refund for consignment agency export? Come and find out!
Solved#Export tax rebate#
Our company plans to entrust an agency company to export products. We used to export and handle tax refunds on our own before, and we are not very familiar with the tax refund for consignment agency export. I would like to ask, in the case of consignment agency export, is it the consignor or the agent who handles the tax refund? Will the tax refund process and the materials to be prepared be very complicated? I hope that professionals can help answer this question. Thank you!
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
In the consignment agency export business, generally, the consignor handles the export tax refund. This is because the consignor is the actual owner and seller of the goods, and its export of goods meets the basic conditions for tax refund.
The process for the consignor to handle the tax refund is as follows: First, the consignor and the agent need to sign a standardized consignment agency export agreement. After the goods are exported, the agent should promptly deliver relevant documents such as the customs declaration form and the verification form to the consignor. The consignor declares tax refund to the local tax authority with these documents, as well as the agency export agreement, special VAT invoice, etc.
The main materials to be prepared include: export goods customs declaration form, export foreign exchange verification form, copy of the agency export agreement, special VAT invoice of the consignor, etc. There may be slight differences among tax authorities in different regions. It is recommended to consult the local tax authority in advance to ensure that the materials are prepared completely and accurately for a smooth tax refund process.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Usually, it is the consignor who handles the tax refund, because the consignor is the real owner of the goods, and from the perspective of tax principles, it is more in line with the eligibility of the tax refund entity. The agent generally only provides agency services and assists in handling export-related matters, and is not responsible for handling the tax refund.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Generally, it is the consignor who handles the tax refund more often. The consignor needs to collect and organize tax refund materials as required and declare within the specified time. If the consignor fails to operate as required, it may affect the tax refund progress or even prevent the tax refund.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
It is the consignor who handles the tax refund. When handling it, the consignor should pay attention to the authenticity and integrity of the materials. For example, the information on the customs declaration form should be consistent with the actual exported goods, and the invoice issuance should also be standardized. Otherwise, there may be troubles in tax refund.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The tax refund for consignment agency export is mainly handled by the consignor. The consignor needs to communicate closely with the agent to obtain export-related information and documents in a timely manner, so as to complete the tax refund declaration more efficiently.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The consignor handles the tax refund. When handling it, pay attention to changes in tax policies, such as the tax refund declaration deadline and adjustment of tax refund rates. Operate in accordance with policy requirements, otherwise, you may miss the tax refund or pay more taxes.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
For consignment agency export, the consignor handles the tax refund. If the consignor is a manufacturing enterprise, the exemption, credit, and refund method is implemented; if it is a foreign trade enterprise, the exemption and refund method is implemented. Declare accurately according to your own situation.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Generally, it is the consignor who is responsible for handling the tax refund. During the handling process, fill out various declaration forms strictly in accordance with the requirements of the tax department to ensure accurate data, otherwise, the tax refund review may not pass.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
For consignment agency export, usually the consignor handles the tax refund. The consignor should attach importance to document management. Documents such as customs declaration forms and invoices should be properly preserved for inspection by the tax authority.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
The consignor handles the tax refund. The consignor also needs to pay attention to the foreign exchange receipt situation, because some regions have regulations on export foreign exchange receipt, and the foreign exchange receipt situation will affect the handling of tax refund.