Doing foreign trade in Chongqing, I want to find an export agent to handle VAT refunds, and inquire about the general VAT refund point for export agents in Chongqing and whether there are any additional fees. The best answer states that the VAT refund point varies by product, such as 13% - 17% for mechanical and electrical products, and 10% - 13% for textiles, etc. Agents will charge a service fee, commonly around 0.5% - 2% of the export amount. Professional agents like Zhongmaoda can accurately calculate the VAT refund amount and charge reasonably.
Where is the VAT Refund for Agency Exports Actually Refunded To? Come and Find Out!
Resolved
Our company plans to use an agent for product export and is currently unclear about the VAT refund aspect. We want to ask where the VAT refund for agency exports is refunded to? Is it refunded to us, the consignor, or the agent? Is the refund process complicated? What are the requirements for enterprise qualifications? We hope someone knowledgeable can explain in detail so we can have a clearer understanding and prepare relevant matters in advance.
Trade Expert Insights Answers
The VAT refund for agency exports is generally refunded to the consignor. This is because the consignor is the actual exporter and seller of the goods and is entitled to the tax refund.
In terms of the specific process, first, the consignor issues a certificate for agency exported goods to the agent. The agent then submits the relevant materials to the tax authorities. After successful review, the tax authorities refund the tax amount to the consignor's bank account. However, this requires the consignor to have general taxpayer qualifications and the exported goods to meet the requirements of the tax refund policy. If the consignor is a small-scale taxpayer, they may only be eligible for tax exemption rather than a tax refund. The consignor needs to prepare a series of documents such as export contracts, invoices, customs declarations, etc., to ensure the smooth progress of the tax refund process.
This ensures accurate arrival of the refund amount and complies with tax policy regulations.
Normally, it is refunded to the consignor, as the consignor is the party that actually bears the tax burden. The agent only assists in handling export matters; the right to the tax refund still belongs to the consignor.
Generally, it is refunded to the consigning enterprise, but this is conditional on the consigning enterprise preparing all the required documents and materials according to regulations; otherwise, it may affect the refund progress.
The tax refund is mainly refunded to the consignor, but the agent also has a responsibility to assist in processing the tax refund, providing necessary documents and information.
The VAT refund for agency exports is normally refunded to the consignor. The agent assists in handling the tax refund matters. If the consignor's documents are incomplete, it may affect the tax refund.
According to regulations, the VAT refund for agency exports will be refunded to the consignor's account, as long as the consignor's documents are compliant and meet the tax refund requirements.
Most of the VAT refunds for agency exports are refunded to the consigning enterprise. The agency enterprise assists in handling the relevant procedures, but the subject of the tax refund is the consigning enterprise.
It is generally refunded to the consignor. As long as the consignor meets the tax refund conditions and prepares the relevant materials, they can smoothly receive the tax refund.
The tax refund is generally given to the consignor. The consignor needs to ensure they meet the tax refund qualifications and cooperate by providing all necessary documents.
The VAT refund for agency exports is usually refunded to the consigning enterprise. The consigning enterprise needs to prepare the documents according to tax requirements to facilitate the tax refund.