Export tax refundThe policy refers to the states policy to encourage export trade, reduce the burden of enterprises, encourage enterprises to actively carry out export business by returning the VAT, consumption tax and other taxes paid to export enterprises.This policy has a very important role in improving the export competitiveness of enterprises, enhancing the profitability of enterprises, and promoting economic development.
Chinas export refund policy began in 1985, and has now become an important means to promote exports.In accordance with our laws and regulations, export companies can only qualify for export refund after completing the export refund declaration procedure for goods in accordance with the regulations.
The export refund policy applies to export goods under general trade, processing trade and other forms of trade. Among them, the refund rate for general trade is lower, and the refund rate for processing trade is higher.
The implementation of export tax refund policy provides a lot of facilities and support for export enterprises. not only can reduce the tax burden of enterprises, but also increase the export income of enterprises, reduce the cost of enterprises, improve the profitability and competitiveness of enterprises. at the same time, the implementation of export tax refund policy, can also promote the transformation and upgrading of domestic enterprises and international development, to enhance our countrys international status and influence.
In summary, the export tax refund policy is an important support and guarantee in Chinas foreign trade development, for improving the export competitiveness of enterprises, promote economic development, has an important role. as an export enterprise, to carefully understand the relevant policies, in accordance with the prescribed procedure to declare the tax refund, rational use of tax refund resources, increase the export earnings of enterprises, and rapid development of enterprises.