EXW transaction method Export tax refund processing points
- Author:sofreight.com
- Source:sofreight.com
- Release Date:2024-03-12
basic concept
EXW, that is, the delivery of the factory refers to the responsibility of the seller's location (that is, the workshop, the factory, the warehouse, etc.) to the responsibility of the prepared goods to the buyer, but the seller is not responsible for installing the goods on the vehicle prepared by the buyer or handling the buyer or handling it.The goods are closed.The buyer is responsible for the entire cost and risk of transporting the goods to the expected destination.
With the development of international trade, EXW's transactions have gradually increased, and the transaction method of customs declaration forms also has EXW, which is more convenient for enterprises to declare.However, in the EXW transaction method, due to the agreement on customs clearance and transportation documents, Chinese exporters also have some confusion during the actual export tax refund. This article will analyze these core elements.
Can you export tax refund
According to EXW's definition and characteristics of trade terms, the author judge whether tax refund can be made from the perspective: qualification conditions, information flow, logistics and capital flow.
Qualification conditions -The tax refund rate of goods: First of all, the export of goods is a product with a tax refund rate; the enterprise is eligible for tax refund: The enterprise applying for tax refund should be eligible for tax refund.
Information flow -declaration form information flow: The transaction method of the declaration form is EXW, and the shipper is an export tax refund enterprise; the filing document flow: prepare for the relevant filing documents, take the transportation document as an example, it is best to provide the original bill of lading.Shadow stamps to facilitate the review of tax refund management organs.
Logistics -actual departure of the cargo (with transportation documents): The goods have actually left the border, which can be evidenced by the transportation document mentioned in the customs declaration form and the filing document;Reflect): The goods enter the special regulatory area or the special regulatory venues that can be refunded, and pass the document for document evidence through the customs declaration list and the filing list.
Fund flow -foreign exchange collection: enterprises that export tax refund declarations and receivables; confirmed sales: cargo for export tax refund confirmed sales.
Precautions for export tax refund
The above content seems easy, but in actual operations, the calculation and export tax refund procedures in export tax refund are all matters that the enterprise and export tax refund management organs need to be highly valued.
Calculation of export tax refund under EXW
The calculation method and EXW and FOB conversion
According to the calculation regulations of the export tax refund amount, the offshore price of the export cargo is calculated by the foreign exchange RMB price.The formulas between FOB and EXW are: FOB = EXW + Freight in the domestic section + premiums in domestic segments (if required) + customs clearance costs.
According to the definition of trade terms, the difference between EXW and FOB is mainly due to the domestic premiums and export customs clearance procedures -FOB sellers should hand over the goods at the specified place (installed on the ship) to the specified carrier of the buyer and handle it and handle it.Export customs clearance procedures, that is, complete delivery.Therefore, if the customs declaration form transaction method is EXW, then when calculating FOB -based export tax refund amount, consider domestic freight, premiums and export declaration costs, although these costs are not borne by the seller.
Due to the particularity of EXW, you can choose from the following two calculation methods:
One is that the aforementioned export of offshore price FOB is calculated by the foreign exchange RMB price to calculate the taxable amount.The advantage of this calculation method is stable; the disadvantage is to incorporate domestic freight and premiums that Chinese export owners do not bear into the export tax refund, but in fact, domestic freight and premiums are not the income of Chinese export companies. This is equivalent to expanding the expansionThe calculation of export tax refund is likely to cause national economic losses.
The other is that FOB does not use FOB as the basis for export tax refund, but uses EXW as the basis for export tax refund to better meet the actual international trade reality and accurately provide the calculation foundation for export tax refund.The advantage of this calculation is that it will not cause state interests; but its disadvantage is that it increases management costs and burdens, that is, the calculation benchmark for new export tax refund is added.
Freight, premiums, miscellaneous information on the customs declaration form
It should be noted that the customs declaration form will also display freight and premium information, but it reflects the freight and premiums of the international section -according to the "Specification of the Customs Customs Customs Customs Customs Customs Declaration Form" of the People's Republic of China It refers to the transportation costs that the export goods are transported to the export location in my country. The premium of the export declaration form is that the insurance costs that point the export cargo to the output location in my country -have nothing to do with the tax refund calculation of the EXW terminology.
For EXW terms, domestic segment freight and premium information should be reflected in the "miscellaneous fee" column of the customs declaration form.Outside of the relevant provisions of the "Regulations on Import and Export Tariffs of the People's Republic of China" shall be included in the tax payment price or the cost of deducting from the tax price. It can be filled in one of the two ways of miscellaneous fees or miscellaneous fees.The mark '1' represents the miscellaneous rate, '3' represents the total price of the miscellaneous fee), and select the corresponding currency code according to the "currency code statement" stipulated by the customs.The miscellaneous fees deducted from the tax price are negative or negative rate. If the duty -free product operating unit operates export tax refund domestic products, it will be exempted from the report. "
The filing document for export tax refund procedures under EXW
Because the transportation and customs clearance procedures for exports are processed by buyers, the transportation documents are also obtained by the buyer. As the seller of the export tax refund application, there are some difficulties in obtaining transportation documents.Arranged by the buyer.The following will analyze export customs clearance declaration and export transportation documents.
Who will apply for export customs clearance declaration?
According to the EXW trade term, the buyer should arrange the export list, but in order to facilitate the export tax refund consideration, the buyer and seller usually agreed that the seller assisted the declaration in advance, and handles the export declaration procedures in the name of the seller, that isEssence
Why is it difficult for Chinese shippers to get the original bill of lading?
Because the importer (buyer) rental books, the bill of lading documents (SHIPPER) is usually a third party designated by a foreign buyer or a buyer.The consignee of the bill of lading, that is, a foreign buyer, is more difficult to get the original bill of lading under the EXW terminology.
How to view the FCR document?
The FCR (FORWARDERS CERTIFICATE of Receipt) itself is not a transport document, it is just a certificate of receipt. When the freight agent is issued by FCR, its identity is an agent, not the carrier.Therefore, the FCR document itself is the nature of the cargo receipt rather than the transportation document, and the identity of the FCR issuer as an agent rather than the transporter, which determines that it cannot replace the (transport) order to become a record document.
In this case, export tax refund management agencies can require exporters to provide a series of logistics supplementary documents such as CLP-Container Load Plan, FCR freight receipt to form a relatively complete export information chain to form a relatively complete export information chain, soMake up for the challenge of no original single -shadow printing.
How to deal with the bill of lading?
The first is to clarify whether there is a bill of lading.Under EXW trade terms, the owner of the exporter often reports that there is no bill of lading, but the facts are that the buyer arranges a booking (rental ship) and signed a transport contract with the carrier. ThereforeAfter the cargo was installed on the ship, the carrier issued a bill of lading and passed the agent to the owner (buyer); some freight agents also issued FCR (freight agency receipts) to the seller.It can be seen that in the EXW term, the bill of lading exists.
The second is to clarify whether Chinese cargo owners can get the bill of lading.In practice, it is indeed that it is difficult for Chinese cargo owners to obtain the original bill of lading.However, the bill of lading in the filing document is not the original bill of lading, but refers to the photocopy of the original bill of lading.For photocopies, Chinese cargo owners should actively obtain through negotiation with foreign buyers and communicate with freight agents.
Third, the Chinese cargo owner of the exporter needs to be clear that my country's law is protected to domestic consignor (sellers of goods) -freight agency companies cannot use the contractual relationship with the cargo seller, and damage the cargo seller to the seller of the goods. As a legal bill of lading as a consignor.
Suggestions for export sellers under EXW terminology
The first is to buy and seller the seller agrees to assist the customs declaration;The latter exports tax refund.
EXW, that is, the delivery of the factory refers to the responsibility of the seller's location (that is, the workshop, the factory, the warehouse, etc.) to the responsibility of the prepared goods to the buyer, but the seller is not responsible for installing the goods on the vehicle prepared by the buyer or handling the buyer or handling it.The goods are closed.The buyer is responsible for the entire cost and risk of transporting the goods to the expected destination.
With the development of international trade, EXW's transactions have gradually increased, and the transaction method of customs declaration forms also has EXW, which is more convenient for enterprises to declare.However, in the EXW transaction method, due to the agreement on customs clearance and transportation documents, Chinese exporters also have some confusion during the actual export tax refund. This article will analyze these core elements.
Can you export tax refund
According to EXW's definition and characteristics of trade terms, the author judge whether tax refund can be made from the perspective: qualification conditions, information flow, logistics and capital flow.
Qualification conditions -The tax refund rate of goods: First of all, the export of goods is a product with a tax refund rate; the enterprise is eligible for tax refund: The enterprise applying for tax refund should be eligible for tax refund.
Information flow -declaration form information flow: The transaction method of the declaration form is EXW, and the shipper is an export tax refund enterprise; the filing document flow: prepare for the relevant filing documents, take the transportation document as an example, it is best to provide the original bill of lading.Shadow stamps to facilitate the review of tax refund management organs.
Logistics -actual departure of the cargo (with transportation documents): The goods have actually left the border, which can be evidenced by the transportation document mentioned in the customs declaration form and the filing document;Reflect): The goods enter the special regulatory area or the special regulatory venues that can be refunded, and pass the document for document evidence through the customs declaration list and the filing list.
Fund flow -foreign exchange collection: enterprises that export tax refund declarations and receivables; confirmed sales: cargo for export tax refund confirmed sales.
Precautions for export tax refund
The above content seems easy, but in actual operations, the calculation and export tax refund procedures in export tax refund are all matters that the enterprise and export tax refund management organs need to be highly valued.
Calculation of export tax refund under EXW
The calculation method and EXW and FOB conversion
According to the calculation regulations of the export tax refund amount, the offshore price of the export cargo is calculated by the foreign exchange RMB price.The formulas between FOB and EXW are: FOB = EXW + Freight in the domestic section + premiums in domestic segments (if required) + customs clearance costs.
According to the definition of trade terms, the difference between EXW and FOB is mainly due to the domestic premiums and export customs clearance procedures -FOB sellers should hand over the goods at the specified place (installed on the ship) to the specified carrier of the buyer and handle it and handle it.Export customs clearance procedures, that is, complete delivery.Therefore, if the customs declaration form transaction method is EXW, then when calculating FOB -based export tax refund amount, consider domestic freight, premiums and export declaration costs, although these costs are not borne by the seller.
Due to the particularity of EXW, you can choose from the following two calculation methods:
One is that the aforementioned export of offshore price FOB is calculated by the foreign exchange RMB price to calculate the taxable amount.The advantage of this calculation method is stable; the disadvantage is to incorporate domestic freight and premiums that Chinese export owners do not bear into the export tax refund, but in fact, domestic freight and premiums are not the income of Chinese export companies. This is equivalent to expanding the expansionThe calculation of export tax refund is likely to cause national economic losses.
The other is that FOB does not use FOB as the basis for export tax refund, but uses EXW as the basis for export tax refund to better meet the actual international trade reality and accurately provide the calculation foundation for export tax refund.The advantage of this calculation is that it will not cause state interests; but its disadvantage is that it increases management costs and burdens, that is, the calculation benchmark for new export tax refund is added.
Freight, premiums, miscellaneous information on the customs declaration form
It should be noted that the customs declaration form will also display freight and premium information, but it reflects the freight and premiums of the international section -according to the "Specification of the Customs Customs Customs Customs Customs Customs Declaration Form" of the People's Republic of China It refers to the transportation costs that the export goods are transported to the export location in my country. The premium of the export declaration form is that the insurance costs that point the export cargo to the output location in my country -have nothing to do with the tax refund calculation of the EXW terminology.
For EXW terms, domestic segment freight and premium information should be reflected in the "miscellaneous fee" column of the customs declaration form.Outside of the relevant provisions of the "Regulations on Import and Export Tariffs of the People's Republic of China" shall be included in the tax payment price or the cost of deducting from the tax price. It can be filled in one of the two ways of miscellaneous fees or miscellaneous fees.The mark '1' represents the miscellaneous rate, '3' represents the total price of the miscellaneous fee), and select the corresponding currency code according to the "currency code statement" stipulated by the customs.The miscellaneous fees deducted from the tax price are negative or negative rate. If the duty -free product operating unit operates export tax refund domestic products, it will be exempted from the report. "
The filing document for export tax refund procedures under EXW
Because the transportation and customs clearance procedures for exports are processed by buyers, the transportation documents are also obtained by the buyer. As the seller of the export tax refund application, there are some difficulties in obtaining transportation documents.Arranged by the buyer.The following will analyze export customs clearance declaration and export transportation documents.
Who will apply for export customs clearance declaration?
According to the EXW trade term, the buyer should arrange the export list, but in order to facilitate the export tax refund consideration, the buyer and seller usually agreed that the seller assisted the declaration in advance, and handles the export declaration procedures in the name of the seller, that isEssence
Why is it difficult for Chinese shippers to get the original bill of lading?
Because the importer (buyer) rental books, the bill of lading documents (SHIPPER) is usually a third party designated by a foreign buyer or a buyer.The consignee of the bill of lading, that is, a foreign buyer, is more difficult to get the original bill of lading under the EXW terminology.
How to view the FCR document?
The FCR (FORWARDERS CERTIFICATE of Receipt) itself is not a transport document, it is just a certificate of receipt. When the freight agent is issued by FCR, its identity is an agent, not the carrier.Therefore, the FCR document itself is the nature of the cargo receipt rather than the transportation document, and the identity of the FCR issuer as an agent rather than the transporter, which determines that it cannot replace the (transport) order to become a record document.
In this case, export tax refund management agencies can require exporters to provide a series of logistics supplementary documents such as CLP-Container Load Plan, FCR freight receipt to form a relatively complete export information chain to form a relatively complete export information chain, soMake up for the challenge of no original single -shadow printing.
How to deal with the bill of lading?
The first is to clarify whether there is a bill of lading.Under EXW trade terms, the owner of the exporter often reports that there is no bill of lading, but the facts are that the buyer arranges a booking (rental ship) and signed a transport contract with the carrier. ThereforeAfter the cargo was installed on the ship, the carrier issued a bill of lading and passed the agent to the owner (buyer); some freight agents also issued FCR (freight agency receipts) to the seller.It can be seen that in the EXW term, the bill of lading exists.
The second is to clarify whether Chinese cargo owners can get the bill of lading.In practice, it is indeed that it is difficult for Chinese cargo owners to obtain the original bill of lading.However, the bill of lading in the filing document is not the original bill of lading, but refers to the photocopy of the original bill of lading.For photocopies, Chinese cargo owners should actively obtain through negotiation with foreign buyers and communicate with freight agents.
Third, the Chinese cargo owner of the exporter needs to be clear that my country's law is protected to domestic consignor (sellers of goods) -freight agency companies cannot use the contractual relationship with the cargo seller, and damage the cargo seller to the seller of the goods. As a legal bill of lading as a consignor.
Suggestions for export sellers under EXW terminology
The first is to buy and seller the seller agrees to assist the customs declaration;The latter exports tax refund.