Interpretation and risk control management of the export tax rebate policy of the second phase [boss salon] of BFR 2018

In the afternoon of February 28, 2018, the second boss Salon of 2018 was held in the South Office of Qingdao. The theme of the salon was 'interpretation of export tax rebate policy and risk control management'.

Mr. Shi Xiaomeng, manager of tax refund department and intermediate accountant of BFR, is the speaker of the boss salon. Mr. Shi first reminded you that the deadline for declaration of tax refund for export business in 2017 is April 18, 2018. If an export enterprise fails to declare or complete the VAT refund (Exemption) voucher as required, except for the VAT exemption policy determined to be implemented before the deadline for declaration of VAT refund (Exemption), it shall declare to the competent tax authority for tax exemption before May 15, 2018. If it fails to declare tax exemption, it shall be deemed as domestic sales tax payment.

Export enterprises should pay attention to timely collection of foreign exchange in addition to timely declaration of tax refund. The export goods declared by the export enterprise for tax refund (Exemption) shall be collected in foreign exchange within the deadline of tax refund (Exemption) declaration period (RMB shall be collected for cross-border trade RMB settlement), and the export goods not collected in foreign exchange within the deadline of tax refund (Exemption) declaration period shall be subject to VAT exemption policy.

For foreign trade enterprises how to improve the efficiency of tax refund to the account, Mr. Shi gave two effective and pertinent suggestions: 1. Get early certification of input invoice and early tax refund; 2. Declare early within the tax refund declaration period (the tax refund declaration period is the same as the VAT declaration period).

The tax bureau has given a clear answer to the question whether the VAT invoice without the printed commodity and service tax classification code abbreviation can be used normally and can be used to declare tax refund. The VAT invoice can be used normally and does not need to be reissued.

After the salon activity, customers and friends all said that they have gained a lot and have a deeper understanding of the policy. They will apply the policy in practical operation, avoid risks and improve the efficiency of tax refund.