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Can import and export agency get tax refunds? Who can give a definite answer?

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Our company intends to find an agency to help with the import and export business. I wonder if tax refunds can be obtained in the case of import and export agency? Is the tax refund process complicated? If tax refunds are available, what conditions need to be met? I hope friends who know about this can explain it in detail. Thank you!

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Professional consultant answers

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Import and export agency can get tax refunds. For the goods exported by consignment agency, the consignor shall handle the tax refund. After the goods are exported and treated as sales in financial accounting, the consignor shall apply to the local tax refund authority in charge for tax refunds by relying on the documents such as the Certificate of Export Goods by Agency and the Customs Declaration Form of Export Goods provided by the trustee.

To get the tax refund smoothly, several key conditions need to be met. First, the goods must be within the scope of value-added tax and consumption tax collection; second, the goods must be declared for customs clearance and have the foreign exchange receipts verified; third, they must be treated as sales in financial accounting.

The tax refund process is roughly as follows: the consignor first collects all the relevant documents, then inputs the data into the tax refund declaration system to generate declaration data, and then submits the declaration to the tax authorities. After passing the review, the tax refund can be obtained. Although the whole process has a certain degree of complexity, it can be carried out in an orderly manner after getting familiar with it.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Whether tax refunds can be obtained for import and export agency depends on how the contract is signed by both parties. If it is agreed that the consignor shall handle the tax refund, there is usually no problem as long as the documents are complete. Regarding the documents, in addition to what has been mentioned just now, invoices are also crucial and should be issued in accordance with the regulations.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Tax refunds can be obtained. However, if the agency exports in its own name, the tax refund may be counted on the agency's side. The consignor should pay attention to this point to avoid disputes later.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

If the conditions are met, tax refunds can be obtained. For example, the goods must actually leave the country. False exports are definitely not allowed. Also, export enterprises should have the qualification of general taxpayers. Small-scale taxpayers may not be able to get tax refunds in some cases, and this should be noted and distinguished.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

In the tax refund process, the data input should be accurate, otherwise the review will not pass. In addition, the tax refund rates for different commodities are different. You should check them clearly in advance and calculate the tax refund amount accurately.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

For tax refunds in import and export agency, both parties should cooperate well. The trustee should provide the certificates in a timely manner, and the consignor should submit the declaration in a timely manner. Don't miss the declaration deadline, otherwise tax refunds may not be obtainable.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

If some special commodities are involved, such as those restricted by the state for export, even if it is import and export agency, tax refunds may not necessarily be obtainable. The nature of the commodities should be confirmed first.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

From the submission of the declaration to obtaining the tax refund, the time may vary. If everything goes smoothly, it may take a few months. In special cases, it may take longer. You should be a little patient.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

In addition to the basic documents, sometimes the tax authorities may also require other supplementary materials to be provided. You should pay attention to this and provide them in a timely manner to ensure the smooth progress of the tax refund process.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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