In theExport Drawbackagency business, there exists a series of professional terms. These terms are crucial for understanding and conducting business. Mastering these terms correctly helps businesses, agencies, and related professionals in theimport and exporttax refund agency field communicate accurately, operate compliantly, and make effective decisions.

I. Interpretation of Basic Terms

Export Tax Refund

This refers to the refund of value-added tax (VAT) and consumption tax paid during domestic production and circulation stages for goods exported from China in international trade. For example, if a manufacturer exports electronic products and has paid VAT on raw materials and components purchased domestically, the export tax refund policy allows the company to reclaim a portion of these taxes. Export tax refunds are an important national policy measure to encourage exports and enhance the competitiveness of domestic products in international markets.

Exemption, Credit, and Refund Amount

Exemption refers to exempting manufacturers from paying VAT on self-produced goods for export; Credit means that the input VAT paid on raw materials, components, fuel, and power used in producing exported goods can be credited against the VAT payable on domestic sales; Refund refers to refunding any excess credit when the creditable input VAT exceeds the VAT payable in a given month. For example, a textile company with significant export sales needs to accurately calculate input VAT on exported products and VAT payable on domestic sales to determine the final exemption, credit, and refund amount.

II. Document-Related Terms

Customs Declaration Form

The customs declaration form is a legal document submitted by import/export goods consignors or their agents, declaring the actual conditions of goods in the format prescribed by customs, to request customs clearance under applicable regulations. In import/export tax refund agency business, the customs declaration form is one of the key documents for tax refunds. It contains critical information such as the name, quantity, value, import/export date, and transportation method of the goods. For example, when applying for a tax refund, the export date and value of goods on the customs declaration form affect the calculation of the refund amount.

Value - added Tax Special Invoice

The VAT special invoice is designed and printed under the supervision of the State Taxation Administration and is exclusively for use by general VAT taxpayers. It serves as both an important accounting document reflecting economic activities and legal proof of the sellers tax obligations and the buyers input VAT. In import/export tax refunds, the VAT special invoice is a key document proving that VAT has been paid during the procurement stage, and the tax amount indicated directly affects the calculation base for the refund. For example, the tax amount specified on the VAT special invoice for goods purchased for export is a crucial basis for calculating the export tax refund.

III. Process-Related Terms

Pre-Declaration

Pre-declaration is a critical step in the export tax refund declaration process. Before formally declaring an export tax refund, businesses or agents submit relevant electronic data to tax authorities for preliminary review. The purpose is to identify potential issues in the declaration data, such as missing documents or logical errors, allowing for timely corrections. For example, if discrepancies between customs declaration forms and VAT special invoices are found during pre-declaration, adjustments can be made before formal submission to avoid rejection of the refund application.

Document Filing

Document filing refers to the requirement that export enterprises must, within 15 days after declaring export tax rebates, compile the following documents for the declared rebate goods in the order of the exported goods, fill out the Export Goods Filing Document Directory, specify the storage location of the filed documents, and prepare for inspection by the competent tax authorities. These documents include purchase contracts, export cargo shipping orders, export cargo transport documents, etc. Document filing is a means for tax authorities to strengthen export tax rebate management, ensuring the authenticity and legality of enterprises rebate declarations.

Conclusion

The professional terminology of import and export tax rebate agency covers various aspects such as policies, documents, and procedures. Accurately understanding and applying these professional terms is the foundation for smoothly conducting import and export tax rebate agency business. Whether enterprises seek agency services or agencies operate independently, they need to have a deep grasp of these terms to ensure that import and export tax rebate business can be conducted legally and efficiently in the complex international trade and tax environment.