General trade export goods tax refund calculation method

At present, foreign-invested enterprises' export tax rebates for export goods include "first levy and retreat" and "exemption, offset, and refund" taxes.

"First levy and retreat" means that the goods produced by the self-operated export or entrusted by the production enterprise shall be taxed according to the levy rate stipulated in the provisional regulations on value-added tax, and then the tax authorities in charge of the export tax rebate business shall be selected in the national export tax rebate plan. The prescribed tax rebate rate is approved for tax refund.

(1) Basis for taxation.

The "first levy and retreat" method is based on the current FOB price of exported goods multiplied by the foreign exchange renminbi price to calculate the amount of tax refund.

"FOB price" (written in English as FOB price) is the on-board delivery price at the port of shipment, but this delivery price is a symbolic delivery, that is, the seller will deliver the necessary shipping documents to the buyer to collect the payment according to the contract, the risk of both the buyer and the seller. The division is based on the fact that the goods are loaded onto the ship. Therefore, the FOB price is paid by the buyer for chartering and handling insurance premiums.

The more common conversion methods for FOB, CFR and CIF prices are as follows:

FOB price = CFR price - freight = CIF price × (1-insurance bonus × insurance rate) - freight

Therefore, if the enterprise uses the CIF price as the foreign export transaction, after the goods leave the country, the foreign freight, insurance commission and financial expenses incurred by the enterprise shall be deducted; if the transaction is carried out at the CFR price, the freight shall be deducted.

(2) Calculation method

1 general trade

(1) Calculation formula:

Current tax payable = output tax on goods sold during the period + FOB price of current export goods × foreign exchange RMB price × tax rate - total input tax amount for the current period

Tax refund for the current period = FOB price of export goods × Forex RMB price × Tax refund rate

(2) Description of the above formula:

1 The current input tax amount includes the input tax amount that can be deducted by the tax laws of all domestic purchase materials, utilities, deductible transportation fees, and current customs value-added tax.

2 Forex RMB price should be determined according to the two methods stipulated by the financial system, that is, the average price of the day price announced by the state or the price of the beginning and end of the month. Once the calculation method is determined, the company may not change during a tax year.

3 When the actual sales income of the enterprise is different from the amount reported on the export goods, and the amount stated on the foreign exchange verification form, the tax authority shall refund the tax according to the amount stated on the export goods declaration form.

4 If the tax payable is less than zero, the carry-over will be offset against the tax payable in the next period.

for example:

Example 1. A shoe factory exported 30,000 dozen shoes in March 2000, of which: (1) 28,000 hits at FOB price, each hit $200, RMB exchange rate is 1:8.2836 yuan; (2) 2,000 hits at CIF price For every $240, and paying 20 yuan per trip, 10 yuan for insurance, 2 yuan for commission, and RMB 8.2836 for RMB exchange. In the current period, 19,400 domestic sales shoes were achieved, sales income was 34,920,000 yuan, and output tax was 5,936,400 yuan. The input tax deductible for the month was 10,800,000 yuan, and the tax rebate rate for shoes was 13%.

Use the "first levy and retreat" method to calculate the amount of tax payable and the amount of tax refund.
1 Calculate the sales income of export-produced goods: sales income of export-produced goods = offshore price × foreign exchange RMB price + (CIF price - transportation fee - insurance fee - commission) × foreign exchange RMB price = 28,000 × 200 × 8.2836 + 2,000 × (240-20-10-2)×8.2836=49,834,137.60 (yuan)

2 Current tax payable = output tax on goods sold during the period + FOB price of current export goods × foreign exchange RMB price × tax rate - total input tax amount for the current period = 5,936,400+49,834,137.60×17%-10,800,000=3,608,203.39 (yuan)

3 Current tax refund = current export FOB price × foreign exchange RMB price × tax refund rate - 49,834,137.60 × 13% = 6,478,437.89 (yuan).

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