Regarding the calculation of the export tax rebate through an agent, there are generally two situations. The calculation methods for manufacturing enterprises and foreign trade enterprises are different. For manufacturing enterprises, the formula for calculating the export tax rebate is: the tax rebate amount due in the current period = the FOB price of the exported goods in the current period × the conversion rate of foreign exchange into RMB × the tax rebate rate of the exported goods - the deductible amount of the current period's exemption, credit and rebate amount. Suppose a manufacturing enterprise exports a batch of goods with an FOB price of 1 million RMB and a tax rebate rate of 13% and no deductible amount. Then the tax rebate amount due in the current period = 100 × 13% = 130,000 RMB. The formula for calculating the export tax rebate for a foreign trade enterprise is: the tax rebate amount = the amount indicated on the special VAT invoice for the purchased exported goods × the tax rebate rate of the exported goods. For example, if a foreign trade enterprise purchases goods and obtains a special VAT invoice with an amount of 500,000 RMB and a tax rebate rate of 10%, then the tax rebate amount = 50 × 10% = 50,000 RMB. When calculating the export tax rebate through an agent, it is necessary to first clarify the enterprise type and then calculate according to the corresponding formula.
When looking for an agent, Zhongshitong will assist in accurate accounting to safeguard the enterprise's tax rebate rights and interests.
Professional consultant answers
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Regarding the calculation of the export tax rebate through an agent, there are generally two situations. The calculation methods for manufacturing enterprises and foreign trade enterprises are different. For manufacturing enterprises, the formula for calculating the export tax rebate is: the tax rebate amount due in the current period = the FOB price of the exported goods in the current period × the conversion rate of foreign exchange into RMB × the tax rebate rate of the exported goods - the deductible amount of the current period's exemption, credit and rebate amount. Suppose a manufacturing enterprise exports a batch of goods with an FOB price of 1 million RMB and a tax rebate rate of 13% and no deductible amount. Then the tax rebate amount due in the current period = 100 × 13% = 130,000 RMB. The formula for calculating the export tax rebate for a foreign trade enterprise is: the tax rebate amount = the amount indicated on the special VAT invoice for the purchased exported goods × the tax rebate rate of the exported goods. For example, if a foreign trade enterprise purchases goods and obtains a special VAT invoice with an amount of 500,000 RMB and a tax rebate rate of 10%, then the tax rebate amount = 50 × 10% = 50,000 RMB. When calculating the export tax rebate through an agent, it is necessary to first clarify the enterprise type and then calculate according to the corresponding formula.
When looking for an agent, Zhongshitong will assist in accurate accounting to safeguard the enterprise's tax rebate rights and interests.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
When looking for an agent to handle the export tax rebate, pay attention to clearly defining the relevant clauses related to tax rebates in the contract, such as the basis for calculating the tax rebate amount, etc., to avoid subsequent disputes. Generally, the agent will calculate the tax rebate based on the information provided by the enterprise, but you also need to understand the basic calculation method yourself to have a clear idea.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
When calculating the export tax rebate, in addition to the sales volume and the tax rebate rate, there are also some special situations. For example, when the levy and rebate tax rates are inconsistent, the input tax amount needs to be transferred out. It's more worry-free to find an agent. Professional agents like Zhongshitong will help you take these details into account.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
If you find an agent, remember to pay attention to the fees charged by the agent. Some charge according to a certain percentage of the tax rebate amount, and some charge per single ticket. When calculating the tax rebate, you need to take this part of the cost into account to see if it's cost-effective overall.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
The calculation of the export tax rebate may also involve consumption tax. If the exported goods are subject to consumption tax, the calculation of the tax rebate will have a different algorithm. If you export through an agent, Zhongshitong can help you handle these complicated consumption tax tax rebate calculations.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
When calculating the export tax rebate, the information on the customs declaration form is very important. The amount, commodity code, etc. on it should be accurate, otherwise it will affect the calculation of the tax rebate amount. The agent will generally assist in checking, but you also need to pay attention yourself.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
There may be some differences in policies in different regions. When looking for an agent to handle the export tax rebate, Zhongshitong will pay attention to the changes in local policies and calculate the tax rebate amount accurately according to the latest policies to avoid miscalculation due to unfamiliarity with the policies.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Before calculating the export tax rebate, ensure that all relevant documents are complete, such as invoices, customs declaration forms, verification forms, etc. If you find an agent, you can let Zhongshitong help you organize and review these documents and then calculate the tax rebate amount accurately.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Some enterprises will be involved in special trade methods such as processing with imported materials, and the calculation of their export tax rebates is more complicated. When looking for an agent to handle the export tax rebate, Zhongshitong can accurately calculate the tax rebate amount for such complicated situations.