Stop groping blindly! A Complete Revelation of the Import and Export Tax Rebate Process in Qianhai

In today's global economic environment, import and export trade is booming. For enterprises, import and export tax rebate is not only an important policy benefit but also a key factor affecting the capital flow and competitiveness of enterprises. Today, we will discuss in detail the handling process of import and export tax rebate in Qianhai to help enterprises better utilize this policy dividend and embark on the international trade stage with ease.

Import and export tax rebate, simply put, refers to the refund of the value-added tax and consumption tax actually paid in the domestic production and circulation links for exported goods. Its purpose is to enable domestic products to enter the international market at a tax-free cost, compete with foreign products under the same conditions, thereby enhancing competitiveness and expanding export earnings. For enterprises in Qianhai, understanding the essence of this policy is the first step in smoothly handling tax rebates.

If an enterprise wants to handle import and export tax rebate, it must first conduct qualification recognition. The enterprise needs to go to the relevant tax department in Qianhai and submit a series of supporting materials, such as the Registration Form for the Record of Foreign Trade Operators or the Approval Certificate of Foreign-invested Enterprises of the People's Republic of China, the Registration Certificate of the Customs Declarant of Import and Export Goods, the Bank Account Opening Permit, etc. After receiving the enterprise's application and related materials, the tax department will review them. Only after passing the review will the enterprise be eligible to handle import and export tax rebate. For example, the enterprise where Mr. Zhang works successfully passed the qualification recognition within 15 working days after submitting the materials, laying the foundation for the subsequent tax rebate handling.

After obtaining the qualification recognition, the enterprise should prepare for the declaration. On the one hand, it should accurately calculate the sales revenue of exported goods and handle the accounting according to the regulations. On the other hand, it should collect and sort out the vouchers required for tax rebate declaration, including the customs declaration form of exported goods, export invoices, special value-added tax invoices for purchased goods, etc. These vouchers are the key basis for tax rebate declaration, and their authenticity, integrity, and accuracy must be ensured. Take the enterprise of Ms. Li as an example. In one declaration, due to incorrect invoice information filling, the declaration was returned. It was only after re-sorting out the vouchers that the declaration was completed, which delayed some time.

After completing the declaration preparation, the enterprise can conduct formal declaration. Currently, most of the import and export tax rebate declarations in Qianhai are carried out through the Electronic Tax Bureau. The enterprise logs in to the Electronic Tax Bureau, enters the export tax rebate declaration module, enters the declaration data according to the system prompts, uploads relevant electronic materials, and submits the declaration after completion. After receiving the enterprise's declaration data, the tax department will conduct manual review and computer review. During the review process, if any problems are found, the tax department will promptly notify the enterprise to make modifications. Only the declarations that pass the review can enter the tax rebate stage.

After the review is correct, the tax department will approve the tax rebate application. After the approval, the tax department will refund the tax rebate amount to the enterprise. The refund method of the tax rebate amount is usually bank transfer. The enterprise only needs to ensure that the bank account information filled in during the declaration is accurate and error-free, and it can smoothly receive the tax rebate. Although this series of processes is rigorous, as long as the enterprise follows the steps and is familiar with each link, it can efficiently complete the handling of import and export tax rebate.

Although the handling process of import and export tax rebate has rules to follow, there are many details. Neglect of any link may affect the progress of tax rebate. Enterprises in Qianhai should attach great importance to it, be familiar with the policies and processes, and actively utilize this policy to boost the development of enterprises. Meanwhile, if there are any questions during the handling process, you can consult Zhongshitong at any time, allowing professional forces to escort the import and export tax rebate path of enterprises.