Does an 8% difference in tax rebate rate mean working for half a year in vain?
"Mr. Zhang has been very troubled recently. The company exported a batch of equipment worth 5 million yuan, but the profit received was nearly 10% less than expected." This is not an isolated case. Many business owners, like Ms. Li, after signing orders and shipping goods, finally watch their profits slip through their fingers because they are not familiar with export tax rebate policies. Today, we will disassemble this "invisible profit killer" - equipment export tax rebate agency.
Export tax rebate is originally a dividend given by the country to enterprises, but in reality:
- An incorrect HS code filled in on the customs declaration form can directly reduce the tax rebate rate from 13% to 5%
- Missing the 90-day declaration period will directly invalidate a 500,000 yuan tax rebate
- Incomplete cross-border logistics documents will be judged as "domestic sales on a par" by the customs
The Zhongshitong case library shows that 68% of enterprises have lost more than 15% of their expected profits due to operational errors. This is not a policy issue but a matter of professionalism.
Value 1: Precise Matching of Tax Rebate Rates
Equipment-related goods involve over 800 HS codes. Professional agencies will use the "Intelligent Tariff Matching System" to ensure that your laser cutting machines are not taxed at the rate of ordinary machine tools.
Value 2: Full-process Risk Control
From the review of pro forma invoices to document filing, the agency will establish a "Three-level Review" mechanism:
1. Tax review of contract terms
2. Pre-declaration document review before export
3. Abnormality monitoring after declaration
Value 3: Time Management
A certain customer, due to the agency's early warning of exchange rate fluctuations, received the tax rebate in 3 days through the "Tax Rebate Acceleration Channel", recovering 2.1% more exchange rate losses than the conventional process.
- Does it have a special qualification for tax rebates on mechanical and electrical products?
- Can it provide successful cases of similar equipment in the past three years?
- Does it have a high-level AEO certification from the customs?
- Is the error compensation clause clear?
- Does it support pre-advancing the tax rebate amount?
With the launch of the Golden Tax Project Phase IV, the following changes should be noted:
• The scope of networked verification of electronic ledger expands to logistics documents
• The proportion of non-contact inspections increases to 40%
• Cross-border foreign exchange settlement and remittance data are automatically compared
Zhongshitong suggests: Conduct a "Tax Rebate Health Check" once every quarter, focusing on checking:
1. Consistency between equipment technical parameters and codes
2. Deviation rate of pro forma invoice and customs declaration value
3. Time limit for foreign exchange verification
Export tax rebate is not an "add-on", but an integral part of the profits that enterprises deserve. Instead of being flustered during tax inspections, it is better to build a compliance firewall with professional agencies now. Your equipment exports deserve a smarter tax strategy.
【Interactive Topic】What is the most difficult tax rebate problem you have encountered? Chat in the comment area, and we will select 3 readers to provide a free diagnosis of the tax rebate plan.
- Further Reading
- Surprising! The Price Differences of Shanghai Import Customs Clearance Agents Are So Huge
- Does an 8% difference in tax rebate rate mean working for half a year in vain?
If you require China procurement agency or import-export agency services, please get in touch with us through the following channels. Our professional consultants will reach out to you promptly for personalized support.
Friendly Reminder
Latest Comments (0) 0
Leave A Comment