The calculation of the tax refund for export agency business is relatively complicated. Generally speaking, for a manufacturing enterprise entrusting an export agency, the basis for the tax refund is the FOB price (FOB) of the exported goods. The calculation formula is: Tax refund amount = FOB price of exported goods × foreign exchange RMB quotation × tax refund rate of exported goods. For a foreign trade enterprise entrusting an export agency, the basis for the tax refund is the amount indicated on the special VAT invoice for the purchased goods or the dutiable value indicated on the special payment voucher for customs import VAT. The formula is: Tax refund amount = Amount indicated on the special VAT invoice for the purchased goods × tax refund rate of exported goods. However, when actually calculating, it should be noted that different goods have different tax refund rates and need to be determined according to the provisions of the customs tariff. It is also necessary to ensure that the relevant documents are complete and the information is accurate, otherwise it will affect the tax refund.
At the same time, the export agency company will charge a certain agency fee, and this part of the fee does not affect the calculation of the tax refund. During the operation process, the enterprise and the agency company should communicate closely to ensure the smooth progress of the tax refund.
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
The calculation of the tax refund for export agency business is relatively complicated. Generally speaking, for a manufacturing enterprise entrusting an export agency, the basis for the tax refund is the FOB price (FOB) of the exported goods. The calculation formula is: Tax refund amount = FOB price of exported goods × foreign exchange RMB quotation × tax refund rate of exported goods. For a foreign trade enterprise entrusting an export agency, the basis for the tax refund is the amount indicated on the special VAT invoice for the purchased goods or the dutiable value indicated on the special payment voucher for customs import VAT. The formula is: Tax refund amount = Amount indicated on the special VAT invoice for the purchased goods × tax refund rate of exported goods. However, when actually calculating, it should be noted that different goods have different tax refund rates and need to be determined according to the provisions of the customs tariff. It is also necessary to ensure that the relevant documents are complete and the information is accurate, otherwise it will affect the tax refund.
At the same time, the export agency company will charge a certain agency fee, and this part of the fee does not affect the calculation of the tax refund. During the operation process, the enterprise and the agency company should communicate closely to ensure the smooth progress of the tax refund.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
For the tax refund of export agency business, first, you need to look at the tax refund rate of the goods, which can be found on relevant websites. Generally, it is calculated by multiplying the tax-free purchase amount by the tax refund rate. For example, if you spent 100 yuan (tax-free) on purchasing goods and the tax refund rate is 13%, then the tax refund is 13 yuan. But the prerequisite is to have a compliant VAT invoice.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
When calculating the tax refund for export agency business, it is necessary to distinguish between general trade and processing with imported materials and other trade methods. General trade is relatively simple, just like multiplying the invoice amount by the tax refund rate as mentioned before. Processing with imported materials is a bit more complicated, and you need to consider the bonded situation of imported materials, etc. It is recommended to consult a professional accountant or an agency company for details.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
The basis for calculating the tax refund for export agency is the amount on the customs declaration form of the exported goods. If the declared amount is 1,000 US dollars, the exchange rate is 6.5, and the tax refund rate is 10%, then the theoretical tax refund amount is 1,000 × 6.5 × 10% = 650 yuan RMB. But the actual operation will involve many details and regulations.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Actually, when calculating the tax refund for export agency business, you also need to pay attention to the time nodes. For example, you need to declare the tax refund within 90 days of the customs declaration form. If you miss the time, you may not be able to get the tax refund. Moreover, the requirements of tax authorities in different regions may vary, and it is best to consult the local tax department when calculating.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
When calculating the tax refund, remember that some goods may have special regulations. For example, for goods with consumption tax, the calculation of the tax refund is different. So you need to be clear about the nature of the goods and then accurately apply the formula to calculate.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In the calculation of the tax refund for export agency business, it is necessary to ensure that the invoices provided by the suppliers are genuine, valid and the information is accurate. Otherwise, even if the tax refund amount is calculated, you may not be able to get the tax refund smoothly.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
If the exported goods involve multiple types and each has a different tax refund rate, you need to calculate the tax refund amount of each type of goods separately and then summarize to get the total tax refund amount. You cannot calculate them together.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
When calculating the tax refund for export agency business, in addition to the above-mentioned points, you also need to pay attention to the foreign exchange collection situation of the exported goods. In some regions, the tax refund can only be processed after the foreign exchange is collected, which also affects the final tax refund process and amount.