What Is The Tax Refund For Re Export?

On import tariff

The tax refund system is a customs management system which has been widely adopted in the world.

The system can effectively prevent the export of customs duties in the name of imported materials for domestic consumption.

The drawback is that the processing enterprises need to pay taxes in advance, and only after the export of finished products can they return tariffs.

Due to the occupation of capital, processing enterprises need to increase interest costs during processing.

At present, our customs is only applicable to raw materials, excipients, parts and components imported from the processing enterprises that have violated customs law or have not fulfilled their cancellation obligations.

After the export tax rebate should be handled by the original taxpayer to the original customs and customs for the re export procedure of the goods, the customs shall, according to the quantity of the material consumed in the actual export goods, confirm that the tariff shall be refunded, and the income return book shall be filled out and handed over to the original taxpayer for tax refund procedures.