Latest export tax rebate policy

Legal analysis: 1. If an export enterprise sells raw materials and spare parts (including raw materials and spare parts imported under feed processing) to a production enterprise for processing, and the processed products are repurchased for export, the sales loss of raw materials and spare parts shall be implemented in accordance with the provisions of State Taxation Administration of The People's Republic of China Document No.075 (19 1). The profits from the sale of raw materials and spare parts, and the export products fall within the scope of VAT taxation, the tax to be deducted shall be calculated according to the VAT deduction rate of raw materials; Export products belong to the scope of product tax, and if the tax is refunded according to the comprehensive tax rebate rate, the tax deduction shall be calculated according to the difference between the comprehensive tax rebate rate of export products and the prescribed tax rate; If the export products fall within the scope of product tax and are refunded at the tax rate stipulated in the product tax, the sales profit of raw materials will not be deducted. Second, the construction machinery used by foreign contracted engineering companies for foreign contracted projects can be refunded after customs declaration and export, and those shipped back to China should be paid in full according to regulations. The tax refund of export products of foreign contracted engineering companies, foreign repair and repair enterprises and ocean transportation supply companies belonging to central enterprises shall be borne by the central finance, and the rest shall be borne by the central finance and local finance.

Legal basis: People's Republic of China (PRC) Tax Collection and Management Law.

Article 1 This Law is formulated with a view to strengthening the administration of tax collection, standardizing tax collection, safeguarding national tax revenue, protecting the legitimate rights and interests of taxpayers and promoting economic and social development.

Article 2 This Law is applicable to the collection and management of various taxes collected by tax authorities according to law.

Article 3 The collection, suspension, reduction, exemption, refund and supplementary payment of taxes shall be carried out in accordance with the law. Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.

No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.

Article 4 Units and individuals that are obligated to pay taxes according to laws and administrative regulations are taxpayers.

Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.