Who will the money from the agency export tax rebate actually go to? Come and find out!
Our company has engaged an agency to help with the export tax rebate. Now the tax rebate process is already underway. I'm a bit confused. Who will the money from the agency export tax rebate finally go to? Will it be directly given to us, the entrusting party, or will it first go to the agency's account and then be transferred to us by the agency? Will there be a situation where the agency withholds the tax rebate funds? I hope friends who are knowledgeable in this area can enlighten me so that I have a clear idea.












Professional consultant answers
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Generally speaking, the money from the agency export tax rebate will finally go to the entrusting party, that is, your company. In the agency export business, the subject of the tax rebate is the entrusting party because it is the actual exporter and seller of the goods. The export tax rebate is the refund of the value-added tax and other taxes already paid on its exported goods.
However, in actual operations, there may be different handling methods. Some agencies may agree with the entrusting party that the tax rebate funds will first be transferred to the agency's account. After deducting the relevant agency fees, the agency will then transfer the remaining funds to the entrusting party. But regular agencies, like Zhongshitong, will operate strictly in accordance with the contract and will not withhold the tax rebate funds at will. To avoid risks, when you sign a contract with the agency, you should clearly define the delivery method, time, and liability for breach of contract and other terms to protect your own rights and interests.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
If the contract does not specifically stipulate, the tax rebate money is, according to regulations, given to the entrusting party. But some agencies, in order to control the cash flow, will require the money to first go to their accounts. As long as the agency is reliable, it will subsequently transfer the money to the entrusting party.
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