In international trade, tax refunds are an important link to boosting the competitiveness of factories.Export tax refundThis article will give you a step-by-step understanding of the principle of tax refund, from the determination of the input tax to the calculation of the amount to be refunded, so that you can understand the process of tax refund.

The factoryExport tax refundThe calculation follows the principle of "exemption, resistance, withdrawal", and the specific steps are as follows:

Exempt: refers to the VAT exemption for goods exported by the factory.When the factory sells products to foreign customers, there is no need to calculate sales tax on this part of the sales.

2. reimbursement: refers to the factory's input tax can be used to deduct the taxable amount of the goods sold in the house.The factory in the procurement of raw materials and other production input, will pay the amount containing value added tax, this part of the input tax can be used to deduct the sales tax generated by the products sold in the house.

If there is still a surplus of the input tax after the deduction, and this part of the input tax is related to the export goods, then this part of the tax can be requested to return to the factory.

The specific calculation method is as follows:

- Determination of the amount of input tax on export goods: First, it is necessary to calculate the amount of input tax for the raw materials used to produce export goods, etc. This is usually based on the amount of input tax on the special invoice for value added tax obtained at the time of purchase.

- Calculate exemption tax: The offshore price (FOB price) used for export goods is multiplied by the tax deduction rate. For example, if the export rate is 1 million yuan and the tax deduction rate is 13%, the exemption tax is 1 million / (1 + value added tax rate) * 13%.

- Calculate the amount of tax refundable: This requires consideration of the factory's domestic and foreign sales. If the factory still has domestic sales, the amount of tax refundable for domestic sales must be calculated, then this tax refundable amount must be deducted from the tax refundable amount. If there is a balance after the refund, this balance is the tax refundable amount.

The actual amount of tax refund: The final amount of tax refund is determined according to the "exemption, deposit, withdrawal" calculation rules, to ensure that the input tax for the export link is reasonably refunded.

For example, if the input tax of the factory is 3289.11 yuan, and the FOB value of the export goods corresponding to the input tax is calculated at the VAT rate of 1741.29 yuan, then without the influence of other factors, the theory can apply for a refund of the tax of 1741.29 yuan, but the actual operation also needs to consider the entire value added tax of the factory to be taxed.

Master the calculation method of export refunds to ensure that each refund is done accurately and efficiently.

Please note that the actual operation also needs to take into account the exchange rate, tax refund rate adjustment, and the specific requirements of the tax authority, so the specific refund amount should be calculated and approved by the tax authority.