The export agency export tax rebate formula varies depending on the type of enterprise and the situation of the exported goods. The calculation formula for general trade export tax rebate is: the tax rebate amount = FOB price of export goods (FOB) × foreign exchange Renminbi quotation × export goods tax rebate rate. For example, Zhongshitong represents an enterprise to export a batch of goods. The FOB price is $100,000, and the foreign exchange Renminbi quotation at that time is 1:6.5. The tax rebate rate of this goods is 13%. Then the tax rebate amount = 100000×6.5×13% = 84500 yuan. Production enterprises adopt the tax exemption, credit, and refund method, and the calculation formula is relatively complex. The current tax payable = current output tax of domestic sales goods - (current input tax - current non-exempt and non-deductible tax amount for tax exemption, credit, and refund), and the current tax exemption, credit, and refund amount = FOB price of export goods (FOB) × foreign exchange Renminbi quotation × export goods tax rebate rate.
In actual operation, it is also necessary to pay attention to the accuracy of documents such as customs declarations and invoices, and declare tax rebates according to the specified process.
Professional consultant answers
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The export agency export tax rebate formula varies depending on the type of enterprise and the situation of the exported goods. The calculation formula for general trade export tax rebate is: the tax rebate amount = FOB price of export goods (FOB) × foreign exchange Renminbi quotation × export goods tax rebate rate. For example, Zhongshitong represents an enterprise to export a batch of goods. The FOB price is $100,000, and the foreign exchange Renminbi quotation at that time is 1:6.5. The tax rebate rate of this goods is 13%. Then the tax rebate amount = 100000×6.5×13% = 84500 yuan. Production enterprises adopt the tax exemption, credit, and refund method, and the calculation formula is relatively complex. The current tax payable = current output tax of domestic sales goods - (current input tax - current non-exempt and non-deductible tax amount for tax exemption, credit, and refund), and the current tax exemption, credit, and refund amount = FOB price of export goods (FOB) × foreign exchange Renminbi quotation × export goods tax rebate rate.
In actual operation, it is also necessary to pay attention to the accuracy of documents such as customs declarations and invoices, and declare tax rebates according to the specified process.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
For foreign trade enterprises, if they purchase goods for export, the tax rebate amount = the amount stated on the VAT special invoice of the purchased goods × export tax rebate rate. For example, if the purchase amount of goods is 1 million yuan and the tax rebate rate is 10%, the tax rebate amount is 100×10% = 100,000 yuan.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
When the tax levy rate and tax rebate rate of export goods are inconsistent, the transfer of input tax needs to be considered. For example, if the tax levy rate is 17% and the tax rebate rate is 13%, a 4% difference needs to be treated as a transfer of input tax and cannot participate in the tax rebate calculation.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
If it is exported after commissioned processing, the tax rebate amount for foreign trade enterprises = the amount of raw materials × raw material tax rebate rate + the amount of processing fee invoice × export goods tax rebate rate.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
When calculating export tax rebates, it is necessary to accurately determine the tax basis. The FOB price of export goods should be calculated according to regulations, otherwise it will affect the tax rebate amount.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
In addition, it should also be noted that the export tax rebate policy may be adjusted. It is necessary to pay attention to the latest regulations in a timely manner to avoid calculation errors caused by policy changes.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
For the export of consumer goods subject to consumption tax, the consumption tax amount to be refunded for foreign trade enterprises = the factory sales amount (export quantity) of export goods × tax rate (unit tax amount).
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
In actual operation, relevant documents should be prepared as required by the tax authorities to ensure accurate tax rebate calculation and smooth declaration.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The export agency will assist the enterprise in completing the tax rebate process, but the enterprise itself should also be clear about the formula to facilitate data verification.