The company plans to find an agent for export business and wants to understand how agent export tax refunds are settled. Previously, the company handled export tax refunds independently and is concerned about significant procedural differences when switching to an agent, unsure how to begin. The best answer indicates that the principal and the agent should first sign an agreement. After goods are exported, the agent organizes documents and provides them to the principal. The principal then applies for the tax refund. After the tax refund is received, it is distributed according to the agreement. Attention should also be paid to documentation, communication, and other key points.
Can I apply for tax refunds for agent exports?
Resolved
Our company plans to use an agent company to help export products. We would like to know if tax refunds can be applied for in the case of agent exports. If so, what is the specific process? Also, are there any particular points to pay attention to during the refund process? We hope experienced friends or professionals can help answer, thank you!
Trade Expert Insights Answers
Tax refunds can be applied for agent exports. Generally, tax refunds are applied for by the principal. The agent needs to apply to the tax refund department of its competent tax authority within the prescribed time limit to issue a certificate of goods exported by agency, and promptly transfer it to the principal.
The principal applies for the export tax refund with the certificate of goods exported by agency, the customs declaration form for export goods, and other relevant documents to its competent tax refund authority.
It should be particularly noted that tax refunds must be declared within the value-added tax declaration period of each month, from the month following the date of customs declaration and export of goods to April 30 of the following year, after collecting all relevant certificates. If overdue, unless otherwise stipulated, it will be deemed as domestic sales and output tax will be calculated or value-added tax will be levied. Moreover, the goods for which tax refunds are applied must comply with relevant policy regulations, and all documents must be true, complete, and accurate, otherwise it may affect the approval of the tax refund application.
When applying for tax refunds for agent exports, document preparation is crucial. Export invoices and customs declaration forms must be properly kept and organized according to requirements, otherwise, there may be problems during review.
Tax refunds can be applied for, but attention should be paid to the agency agreement. The responsibilities and obligations of both parties regarding tax refunds should be clarified to avoid future disputes.
When applying for tax refunds, pay attention to policy changes, as policy adjustments may sometimes affect the conditions and proportions of tax refunds.
During the tax refund process, tax authorities may conduct checks on the authenticity of goods, and enterprises should be able to provide relevant supporting materials.
When applying for tax refunds for agent exports, the information of the principal and the agent must be consistent, otherwise the declaration may be obstructed.
Pay attention to the filling of the customs declaration form. Any errors may lead to the rejection of the tax refund application.
Timely receipt of foreign exchange is also an important condition for tax refunds. Foreign exchange must be received within a certain period according to regulations.
For agent export tax refunds, the entered declaration data must be accurate, otherwise the review will not pass.