In the business of export by agency, generally speaking, it is the entrusting party that handles the tax refund. This is because the entrusting party is the actual exporter and seller of the goods, owns the ownership of the goods and bears the corresponding risks. From the perspective of the principle of tax refund, it should be the entrusting party that applies for the tax refund.
The entrusting party needs to meet some conditions when applying for tax refund, such as having the qualification of a general taxpayer, having a genuine export business and obtaining legal and valid purchase vouchers, etc. In terms of the process, the entrusting party should first collect all the documents such as the export declaration form and invoices, and then declare for tax refund through the electronic tax bureau and other systems.
The agency is mainly responsible for providing relevant export certification materials to assist the entrusting party in applying for tax refund, such as the Certificate of Goods Exported by Agency. The entrusting party should pay attention to communicating with the agency in a timely manner to obtain accurate customs declaration information, etc., to ensure the smooth progress of the tax refund declaration.
Professional consultant answers
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
In the business of export by agency, generally speaking, it is the entrusting party that handles the tax refund. This is because the entrusting party is the actual exporter and seller of the goods, owns the ownership of the goods and bears the corresponding risks. From the perspective of the principle of tax refund, it should be the entrusting party that applies for the tax refund.
The entrusting party needs to meet some conditions when applying for tax refund, such as having the qualification of a general taxpayer, having a genuine export business and obtaining legal and valid purchase vouchers, etc. In terms of the process, the entrusting party should first collect all the documents such as the export declaration form and invoices, and then declare for tax refund through the electronic tax bureau and other systems.
The agency is mainly responsible for providing relevant export certification materials to assist the entrusting party in applying for tax refund, such as the Certificate of Goods Exported by Agency. The entrusting party should pay attention to communicating with the agency in a timely manner to obtain accurate customs declaration information, etc., to ensure the smooth progress of the tax refund declaration.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
If the entrusting party is a small-scale taxpayer and is not eligible for tax refund, it may be handled by the agency as domestic sales and pay value-added tax, but this situation is relatively rare.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
The key lies in how the agency agreement is signed. If the agreement clearly states that the tax refund is to be handled by the agency, then it should be done according to the agreement. However, this situation is not common. Generally, it is still the entrusting party that applies for the tax refund.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
When the entrusting party applies for tax refund, it should ensure that the documents of the exported goods are complete. Otherwise, the tax refund may encounter obstacles and affect the time when the tax refund amount is credited to the account.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
The agency has the obligation to cooperate with the entrusting party and provide the materials required for tax refund in a timely manner, such as copies of the customs declaration form and bill of lading, so that the entrusting party can apply for tax refund more smoothly.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
If the entrusting party meets the conditions for tax refund but does not apply for it, it may lead to tax risks. Therefore, the tax refund process should be taken seriously.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
The tax refund involves many details, such as the invoicing norms. Both the entrusting party and the agency should make them clear, otherwise it will affect the tax refund.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Before declaring for tax refund, the entrusting party should confirm the foreign exchange collection situation of the goods, because in some areas, it is required to collect foreign exchange first before applying for tax refund.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
When the agency helps to handle export affairs, it should record the relevant data well to facilitate the entrusting party to sort out and declare the tax refund materials later.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Both parties should pay attention to the changes in the tax refund policies, which may affect the handling of tax refund. They should adjust the operation methods in a timely manner.