Our company has imported goods through an agent and obtained a special payment receipt for customs import value-added tax. There are two unit names on it, one is our company and the other is the agency company. In this case, how should we make the deduction? What are the deduction procedures and precautions? I hope to get a professional and detailed answer. Thank you!
Our company intends to find an agent to conduct import and export business. We are not clear whether the customs declaration and reporting should be the responsibility of the entrusting party or the agent. We are asking about relevant special regulations and precautions. The best answer states that generally, when it is in the name of the entrusting party and within the scope of entrustment, the entrusting party is responsible; when it is in the name of the agent itself, the agent is responsible. The two parties can also stipulate in the contract, and both should ensure that the declaration is true and accurate, prepare the documents in advance, and understand the process and the definition of responsibilities before conducting the business.
Considering engaging in agency import business, inquiring whether foreign exchange payment is mandatory for agency import and the consequences of not making foreign exchange payment. The best answer points out that foreign exchange payment is not necessarily required for agency import, which depends on the business situation. In normal commercial imports, foreign exchange payment is mostly needed. If the payment that should be made is not made, the foreign exchange management department may impose penalties, affecting the enterprise's credit rating, and may also trigger commercial disputes, etc. It is necessary to handle foreign exchange payment matters in compliance.
Planning to hire an agency to import goods, inquiring whether taxes are required for agency imports, which taxes are involved, the tax payment process, and who is responsible for payment. The best answer states that taxes are required for agency imports, generally involving tariffs and VAT, with some goods subject to consumption tax. Taxes are usually paid by the agency during customs declaration, and the fees are often borne by the client. The tax payment process should be handled carefully.
I'm planning to do food import business. Since I don't understand import customs declaration, I want to find a professional agency but don't know where to start. The best answer points out that you can search online to view company websites, participate in industry exhibitions, utilize industry forum communities, consult freight forwarding companies and other approaches to find one. When looking, pay attention to whether the qualifications, experience of the customs broker and the transparency and reasonableness of service fees.
The company imports goods through an agency company. The "Payment Unit (Person)" on the Special Payment Receipt for Customs Import VAT includes the names of both the agency company and itself. It asks whether it can deduct the VAT on imported goods and the required conditions. The best answer points out that if the original payment receipt is obtained and the import business is genuine and compliant, it can be deducted as required. At the same time, attention should be paid to authenticating or checking and confirming as required, and accurately filling in the relevant columns of the tax return.
Looking for an agency to handle ore import customs clearance and inquiring about cost calculation and influencing factors, such as ore type and import volume. The best answer indicates that there is no fixed standard for ore agency import customs clearance costs, as they are affected by various factors including customs declaration fees, inspection fees, and agency fees. The type of ore and import volume can also lead to different costs, so specific calculations should be based on actual circumstances.
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Professional consultant answers
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
If the special payment receipt for customs import value-added tax has the names of both the agency company and your company, generally, the unit that obtains the original of the special payment receipt makes the deduction. If your company obtains the original, you can operate as follows: First, collect data and enter the information of the payment receipt through the "General Tax Data Collection Software". When entering, carefully check the customs port code, name of the import port, date of issue, tax amount, etc. on the payment receipt to ensure accuracy. After the collection is completed, export the electronic data. Then, during the value-added tax return filing, import the collected and exported data into the declaration system and fill in the relevant columns of "Special Payment Receipt for Customs Import Value-Added Tax" in the attached materials (II) of the value-added tax return. Note that the deduction period is within 360 days from the date of issue. At the same time, keep the import contract, agency agreement, payment voucher and other materials for the tax authorities to check.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
When deducting the special payment receipt for customs import value-added tax, it should be noted that it must be certified or audited and compared within the specified time limit. If the time limit is exceeded, generally, the deduction cannot be made. Therefore, deal with the relevant deduction matters in a timely manner.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Before making the deduction, confirm the authenticity and integrity of the payment receipt. You can query the relevant information of the payment receipt through the official website of the customs and other channels to see if it is consistent with the actual one obtained.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
If the agency company obtains the original, your company cannot directly make the deduction. The agency company needs to issue a special value-added tax invoice to your company, and your company makes the deduction based on this invoice.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
When making the deduction, ensure the authenticity of the business. Do not fabricate import business to defraud deductions. If problems are found during the subsequent inspection by the tax authorities, there will be serious consequences.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
When entering data during data collection, if you encounter unclear codes and other content, you can consult the local tax authorities to avoid incorrect entry affecting the deduction.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
If you entrust an agency company like Zhongshitong to import, you can ask it to assist in handling matters related to the deduction. They are relatively professional and can reduce errors.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
After making the deduction, if there is a situation such as return of goods, handle the transfer out of input tax amount as required. Do not ignore this point.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
For the special payment receipt for customs import value-added tax, there may be differences in specific operation details in different regions. Pay attention to the policies and requirements of the local tax authorities.