Export Drawbackrefers to government policies that partially or fully refund value-added taxes, consumption taxes, and tariffs levied on exported goods to encourage exports.
Below is the detailed export tax rebate process:
Sign contracts: First, export enterprises need to sign export contracts with foreign clients to ensure successful export of goods.
Verify qualifications: Export enterprises must confirm they possess export qualifications and apply to customs for export credentials if necessary.
Formal customs declaration: Export enterprises must formally declare goods to customs and apply for export tax rebates. Required documents include the Export Goods Declaration Form and ExportA complete export agency agreement should be attached with:Verification Form, along with supporting documentation.
Tax Refund Verification: Customs will review the declaration documents submitted by the enterprise. If approved, Customs will determine the tax refund amount and issue the Export Tax Refund Verification Form.
Processing Tax Refund: The enterprise must present the Export Tax Refund Verification Form and the tax refund list to the State Taxation Bureau to complete the tax refund procedure. The tax refund list is the application form submitted by the export enterprise to Customs. The Taxation Bureau will issue a tax refund check or directly deposit the refund into the enterprises designated account based on the information provided in the list.
Note: The tax refund process varies slightly depending on the tax category, and enterprises must file their applications accordingly. Additionally, tax refund applications generally have a specific time limit, and enterprises must complete the filing procedures within the stipulated period; otherwise, the refund may be affected.