10 points for foreign trade enterprises to guard against export tax rebate risk, please check!

        1. Before export, general taxpayer registration shall be handled. Foreign trade enterprises must handle general taxpayer if they want to export tax refund. Small scale taxpayers can only exempt tax.

        2. Choose suppliers. Try to choose enterprises with a high credit rating that have been registered for more than 2 years. Do not purchase goods for export because of greed for cheap.

        3. Compliance operation of agency export business, do not operate the agency export business as “false self support”.

        4. After the export, if the conditions for revenue recognition are met, the revenue shall be recognized in a timely manner. In revenue recognition practice, it is generally in the month of export. Whether to issue an export invoice is subject to the requirements of the competent tax authority. If the competent tax authority has no requirements, the commercial invoice can be used as the document for revenue entry. If the sales amount is settled in a currency other than RMB, it shall be converted into RMB. The conversion rate may be the middle rate of the RMB exchange rate on the first working day of the month of export.

        Myth 1: Export revenue needs to be recognized only in the month of export tax rebate✘

        Myth 2: It is necessary to confirm the export income after obtaining the purchase invoice

        5. Timely contact the supplier to issue a special purchase VAT invoice. After obtaining the invoice, the invoice shall be checked. If no error is found, the invoice shall be checked and confirmed in a timely manner. The inspection items are as follows:

        ①Commodity name and unit of measurement. The commodity name in the purchase invoice shall be consistent with that in the export declaration form (except for special circumstances), and the unit of the purchase invoice shall be consistent with one of the units in the declaration form.

        ②Specification and model. Attention shall be paid to avoid any discrepancy between the specifications and models on the customs declaration, commercial invoice, purchase contract and special VAT invoice.

        ③Correspondence between purchase invoice and customs declaration. Try to avoid both domestic and export sales on a purchase invoice.

        6. The electronic port export tax rebate module prints the export goods declaration form, and the printed declaration form should be paired with the checked VAT special invoice deduction form. Electronic tax bureau I want to check whether there is electronic information in the customs declaration form and purchase invoice, and declare export tax refund in time if there is information.

        Note: Foreign trade enterprises export enterprises management category I and II enterprises. Generally, certification information will be available within a few days after the invoice tax refund is checked. Class I and Class II enterprises can declare tax refund only if their invoices have authentication information (the invoice status shows “authenticated/unaudited”), and Class III and Class IV enterprises can declare only if their invoices have matching information (the invoice status shows “authenticated/audited”).

        7. Export enterprises shall timely file documents for the goods declared for export tax refund.

        8. At the end of the year, attention should be paid to checking the declaration of export tax rebate. Failure to declare export tax rebate should be recorded. If the special invoice for purchase VAT is not obtained, the invoice should be urged in time. If the special invoice for purchase VAT or the export declaration form has no electronic information, the declaration information should be queried in time.

        9. Check the foreign exchange collection of export drawback goods. If the enterprise’s operation is irregular, it should be corrected in time. If the export declaration drawback goods are not collected and do not conform to one of the 10 categories of circumstances that are deemed to be collected, they can only be tax-free.

        10. In case of export tax exempt (tax exempt and non refundable) income, the export enterprise shall independently file.

Article source：Comprehensive export tax rebate service network