The company plans to act as an agent for exporting goods and inquires about how to handle tax rebates for agency exports, including required documents and procedures. The best answer points out that rebates are commonly handled by the principal. The agent first issues a certificate for exported goods, and the principal prepares documents such as customs declarations, then logs into the electronic tax bureau to declare. After the tax authorities approve, the tax refund can be received. It also reminds to consult the local tax authorities before proceeding.
How to Handle Tax Rebates for Export Customs Declaration by Agency? What are the Key Points to Note?
Resolved
Our company exports goods through customs declaration by an agency. Previously, we always declared customs for exports ourselves and are not very familiar with tax rebates for export customs declaration by agency. We would like to ask how tax rebates are handled for export customs declaration by agency? Are the tax rebate procedures significantly different from self-declaration for export customs? Are there any special documents required? We hope to receive a detailed and easy-to-understand explanation. Thank you!
Trade Expert Insights Answers
For export customs declaration and tax rebates by agency, first, ensure a clear agency agreement is signed with the agency company, defining the rights and obligations of both parties.
In terms of process, the principal (your company) is generally responsible for applying for tax rebates, with the agency assisting in providing relevant customs declaration documents. After the goods are declared for export and treated as sales in accounting, the principal needs to prepare documents such as the export customs declaration form, a copy of the agency export agreement, the export foreign exchange collection and verification form (not required in regions where paper forms have been canceled), and proof of agency export goods.
Then, log in to the electronic tax bureau, enter data as required in the export tax rebate declaration module, generate the declaration data, and submit it to the competent tax authority. Upon successful review, you will receive the tax rebate. Compared to self-declaration for export customs, the document preparation will include additional items such as the agency export agreement and proof of agency export goods. It is important to note that the declaration deadline must not be exceeded, and the content of each document must be accurate and error-free to avoid affecting the tax rebate progress.
When applying for export tax rebates through an agency, pay attention to the agency's qualifications, ensuring its legal and compliant operation, to avoid tax rebate issues caused by agency problems.
When preparing documents, ensure the information on all documents is consistent, such as the customs declaration form and invoices, otherwise, the tax rebate review may not pass.
Communicate with the agency in a timely manner about the progress of goods export. This allows for earlier preparation of tax rebate documents and better control over the tax rebate timeline.
Be proficient in operating the electronic tax bureau declaration system. Incorrect data entry can also lead to tax rebate failure or delays.
If foreign exchange settlement is involved, the foreign exchange must be collected according to regulations, as this is one of the necessary conditions for tax rebates.
Pay attention to policy changes. Export tax rebate policies are sometimes adjusted. Staying informed in a timely manner can protect your own rights and interests.
Keep good records of communication with the agency. If there are any issues with tax rebates, it will be easier to trace the cause.
Before the goods are exported, you can consult the local tax authority to clarify any specific requirements for export customs declaration and tax rebates by agency in your locality.