Export tax rebate calculation example

The calculation of export tax rebates is as follows:

For example, a foreign trade company purchased raw fabrics at an initial purchase price of 300,000 yuan in early February, entrusted a garment factory to process garment exports, paid processing fees of 20,000 yuan, self-export sales revenue of 40,000 US dollars, export hardware of 1.25 million US dollars, purchase price of 1,000 yuan. Million yuan; acquisition of spices from small-scale taxpayers for export, access to ordinary invoices, purchase price of 200,000 yuan; direct acquisition of citrus exports, purchase price of 100,000 yuan. In January, the company entered and raised an Australian wool CIF price of 1 million US dollars. It is assumed that the import levy tariff is 200,000 yuan and the actual value-added tax is 200,000 yuan. The batch of imported goods was sold in early February and the sales revenue was 9 million yuan.

The calculation of the company's tax refund in February is as follows (the company's export tax refund declaration is assumed to be complete):

(1) The amount of tax refund for purchase of grey fabrics and processing into clothing exports = (30 + 2) × 17 = 5.44 (ten thousand yuan)

(2) Export hardware tax refund amount = 1000 × 17% = 170 (ten thousand yuan)

(3) Export perfume oil should be refunded = 20 ÷ (1 + 6%) × 6% = 1.13 (ten thousand yuan)

(4) The direct purchase of citrus exports is not refundable (5) The import offsets for import links are exempt from tax deductions and tax exemptions = 900 x 17% -20 = 133 (ten thousand yuan)

The company's tax refund in February should be refunded = 5.44+170+1.13+0−133=43.57 (ten thousand yuan)

Another example is that with a universal joint plant with import and export rights, internal and external financial accounting cannot be separated. In January, the company’s domestic sales revenue was 10 million yuan.

Self-operated export sales revenue (offshore price) was US$200,000; in January, the purchase amount was 5 million yuan, and the input tax was 850,000 yuan. In February, domestic shipments of insurance premiums and commissions amounted to 50,000 U.S. dollars. In February, the purchase amount was 12 million U.S. dollars, and the input tax was 2.04 million U.S. dollars. The factory's tax refunds for January and February are calculated as follows: (Assume that the export tax rebate certificate is complete, and the exchange rate is 8.4 yuan per person per US dollar):

(1) The amount of domestic tax refund to be paid in January = 1000 × 17% −85 = 85 (ten thousand yuan)

Since the input tax amount has been deducted from domestic sales and there is no input tax amount that has not been deducted, the export products will not be refunded in January.

(2) Domestic tax rebate amount in February = 800 × 17% − 204 = -68 (ten thousand yuan)

In other words, the input tax that has not been deducted for domestic sales is 680,000 yuan.

Export sales tax = (50-5) × 8.4 × 17% = 64.26 (ten thousand yuan)