Can input tax be refunded for export by agency? Come and help me clear up my doubts!
Solved#Export agent#
Our company is engaged in foreign trade and recently plans to expand its business through export by agency. However, I heard that there are special regulations regarding input tax refund for export by agency. I'd like to ask whether input tax cannot be refunded for export by agency? If it can be refunded, how exactly is the operation? What conditions need to be met? I hope friends who are knowledgeable in this area can explain it to me in detail. Otherwise, I always feel uncertain and am afraid that it will affect the development of the company's business.
Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Input tax can be refunded for export by agency, but there are certain conditions and operation procedures. Firstly, it should be made clear that in the export by agency business, the tax refund subject is usually the entrusting party, not the agency. For the entrusting party to refund input tax, the following conditions need to be met: First, the entrusting party must be a general taxpayer of value-added tax; second, the exported goods must be the goods within the scope of levy of value-added tax and consumption tax; third, all the relevant documents must be collected within the specified period for tax refund declaration. The operation procedure is roughly as follows: After the goods are declared for export at the customs and the sales are accounted for financially, within the specified declaration period, the entrusting party should collect the customs declaration form of exported goods, the certificate of export by agency and other vouchers, and apply to the competent tax authority for tax refund. The specific tax refund calculation is determined according to factors such as the tax refund rate applicable to different goods and the input tax amount.
Therefore, as long as the conditions are met and the operations are carried out in accordance with the regulations, the entrusting party can refund input tax.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
For the refund of input tax for export by agency, the key lies in whether the entrusting party has the right to engage in import and export operations. If it does, just follow the normal tax refund declaration process and prepare the materials as required. If not, tax refund may not be possible in some cases and specific analysis is needed.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
In addition to being a general taxpayer, the entrusting party must also have genuine export business and make timely declarations. Otherwise, if the declaration period is missed, it may not be possible to refund input tax.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The refund of input tax for export by agency also involves document management. The customs declaration form, invoices and so on should be properly preserved, otherwise it will affect the tax refund application.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
The tax refund rate is also very important. The tax refund rates for different goods are different. It is necessary to check clearly and calculate the tax refund amount accurately.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The agency should issue the certificate of export by agency to the entrusting party in a timely manner. This is one of the important vouchers for the entrusting party to claim tax refund.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
If the entrusting party is a small-scale taxpayer, generally input tax cannot be refunded and only tax exemption can be obtained.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
When handling tax refunds, the tax authority may verify the authenticity of the business. Therefore, relevant business materials should be fully prepared.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
For the exported goods processed on commission, the tax refund calculation is slightly different from that of general exported goods. Special attention should be paid.