Is Export Tax Rebate an Invisible Cash Machine for Enterprises?
"Ms. Li's cross - border e - commerce company earned 15% more last year. Could the secret be just a piece of paper?" "Mr. Zhang's factory suddenly turned losses into profits, and the chief financial officer only whispered four words..." Behind these real - life cases, there lies a "policy bonus" ignored by most enterprises - export tax rebate. Today, let's unveil the mystery of this "national - level cost - saving strategy".
Put simply, export tax rebate means refunding the value - added tax and consumption tax paid when the goods are exported to the enterprise. Just like the seller offering you "free shipping" when you shop online, the state reduces the export costs of enterprises in this way, enhancing their international competitiveness.
Take an electronic component manufacturer served by Zhongshitong as an example: Suppose the tax - inclusive cost of the product is 113 yuan (including 13 yuan of value - added tax), and the export price is 120 yuan. After getting back 13 yuan of value - added tax through tax rebate, the actual cost is only 100 yuan, and the profit margin instantly increases from 6% to 20%!
- Step 1: Confirm Qualifications - Enterprises need to have the right to import and export and complete customs filing.
- Step 2: Prepare the "Three - piece Set of Tax Rebate Vouchers" - The customs declaration form, special value - added tax invoice, and export sales contract.
- Step 3: Seize the Golden Time - After the goods are declared for export, the tax rebate must be declared before April 30th of the following year.
Last year, Boss Wang was ordered to recover 800,000 yuan of tax rebates due to "exporting with purchased declarations" (buying other people's customs declaration forms); a cross - border e - commerce company failed to get tax rebates because it received foreign exchange through a personal account... These painful lessons reveal three no - go areas:
- Fictitious export transactions (clearly defined as a crime in Article 204 of the Criminal Law)
- Inconsistent document information (a 1% difference between the declared amount and the invoice may lead to an inspection)
- Abnormal foreign exchange reflux (foreign exchange must be received through the company's foreign currency account)
Besides directly reducing costs, experts also:
- Optimize capital turnover with the cash flow from tax rebates (100 million yuan of export volume ≈ 13 million yuan of working capital)
- Combine with free trade zone policies to achieve a "tax rebate + tax exemption" one - two punch
- Seek a faster tax rebate channel through the cross - border e - commerce comprehensive pilot zone
According to statistics, the annual export tax rebate amount in China exceeds 1.5 trillion yuan, but still 30% of small and medium - sized enterprises give up applying due to the complexity of the operation. You might as well open the electronic tax bureau now to check whether the export data of the past three years has completed the tax rebate declaration. Welcome to share your tax rebate stories in the comment section, or leave a message with "industry + product" to get customized tax rebate plan suggestions!
- Further Reading
- Agent for Guangzhou export tax rebate, and there are actually so many benefits?
- Export Tax Rebate Videos
- Professional export tax rebate agency, the secret weapon for enterprises to save money!
- Is the agency export tax rebate charge in Shaanxi as high as 10%?
- Export Tax Rebate Thunderstorm! 90% of Enterprises Have Fallen into These Traps
- Shocking! Such Operations by Fujian Export Tax Rebate Agency Companies
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