Is Export Tax Rebate Free Money? 90% of Business Owners Are Unaware of This Operation

"Mr. Zhang recently received an overseas order. After the goods were shipped, the finance department reminded him: 'Don't forget to apply for export tax rebate!' This put Mr. Zhang in a difficult position - What is export tax rebate? How should it be specifically operated?" If you have similar confusions, this article will break down the entire process for you and explain professional policies in the most straightforward language.

Simply put, export tax rebate is a policy by which the state, in order to encourage exports, refunds the value-added tax and consumption tax paid on goods in China to enterprises. Take Ms. Li's clothing factory as an example:

• Pay 13% value-added tax in the production process
• Export goods with a selling price of 1 million yuan
• Theoretically, the maximum tax rebate can reach 130,000 yuan

Step 1: Complete Enterprise Qualification Filing

New enterprises need to complete the export tax rebate (exemption) filing in the electronic tax bureau and submit materials such as the Record-filing Form for Foreign Trade Operators. Usually, the review will be completed within 3 working days.

Step 2: Prepare Core Materials

• Customs Declaration Form (original stamped with the customs verification seal)
• Special Value-Added Tax Invoice (deduction sheet)
• Export Sales Contract
• Foreign Exchange Receipt Voucher (such as bank foreign exchange settlement slip)

Submit data through the "single window" of international trade or the tax bureau's declaration system. Note that the customs declaration form, invoice, and foreign exchange receipt information must match.

1. Time Trap: After the goods are declared for export, the declaration must be completed before the VAT tax declaration period in April of the following year. If overdue, it will be regarded as domestic sales and taxed.

2. Document Risk: In a certain enterprise, the tax rebate of 138,000 yuan was rejected due to the inconsistency between the commodity name on the customs declaration form and the invoice.

3. Foreign Exchange Control: Under special circumstances, it is allowed to provide foreign exchange certification materials instead of foreign exchange receipt vouchers, but it is necessary to explain to the tax authorities in advance.

• Entrust professional institutions such as Zhongshitong to conduct pre-audit of tax rebate amounts
• Establish a special ledger for export business
• Check the customs electronic base account data every month