Cross Border Electricity Export Tax Policy Is Very Beneficial To Some Enterprises.

At present, there are normative documents for the new format of cross-border e-commerce export business in China.

In many fields and departments, the responsibilities and responsibilities of the operators are newly defined and clearly defined, which is an important guideline for promoting the current cross-border e-commerce development.

Ministry of Finance and state

Two types of e-commerce enterprises are allowed to obtain VAT.

The policy of exemption from refund (Exemption) is applicable to enterprises that concurrently meet the following requirements: the application of value-added tax and consumption tax refund (Exemption) tax policy.

There are also a group of enterprises that do not meet the above requirements, but at the same time meet the following requirements, which can be applied to the tax exemption policy of value-added tax and consumption tax: e-commerce export enterprises have already gone through tax registration; export goods have obtained customs declaration declaration for export goods; and purchased export goods have obtained legal and effective purchase vouchers.

Export enterprises belong to the general taxpayer of value-added tax and have the qualification to export tax refund (Exemption) to the competent tax authorities; the export goods obtain the customs declaration for export goods (exclusive use of export tax rebates), and the electronic information is identical with the customs declaration documents for export goods; the export goods are repaid within the closing date of the declaration period of the export (Exemption) tax; the Electronic Commerce export enterprises belong to the foreign trade enterprises, and the export goods are purchased with special invoices for value-added tax, special payment books for consumption tax (separate orders) or customs import value added tax and consumption tax special payment books, and the contents of the above certificates are matched with the relevant contents of the export goods declaration (exclusive tax refund).

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In the textile sector, the depreciation of the renminbi will not only benefit the export oriented textile enterprises to release profits, but also restore growth. According to the relevant calculations, the depreciation of RMB 1% will raise net profit by 2%~6%.

According to the survey and analysis of Nantong clothing chamber of Commerce, it is concluded that the fluctuation of the RMB exchange rate per percentage point affects the net profit of the industry by about 4.5%.

For the labor-intensive enterprises with low profit margins, the depreciation of more than 6% of the RMB exchange rate is a huge positive.

"The devaluation of the RMB has given us greater discount space for our customers," Mr. Xie told reporters. "We have been working with us for many years. Now, even if the demand is not good, there are not many customer churn. In this case, we will make some small concessions to the old customers before the order has been signed, which has not yet been delivered."

However, for the industry that is facing the ambush of Southeast Asian low price goods, the significance of depreciation is not very big.

Prior to this, the central bank's responsible person has said, "after the extension of the foreign exchange paction time, the market liquidity may still be dominated by daytime trading for a long time, and it can reflect the true demand and supply situation of China's foreign exchange market to the greatest extent.

The liquidity of the night trade is relatively poor, which may cause the market to fluctuate greatly, and the exchange rate is liable to distort or even be manipulated.

Since the start of the new round of RMB exchange rate reform in August, the fluctuation of RMB exchange rate has been strengthened, and roller coaster market has frequently appeared in trading days. On the last trading day, that is, in December 31, 2015, the offshore RMB against the US dollar dropped by about 9: 00 in early trading, and dropped 140 basis points to 6.5872.

Around 3 p.m., there was a reversal of 200 basis points again, narrowing to 50 basis points.

On the same day, the RMB in the onshore market dropped 30 basis points against the US dollar, after a day, the offshore RMB against the US dollar fell below the 6.6 barrier.

In 2015, the RMB depreciated to 5.7% against the US dollar, and the spot exchange rate depreciated by 4.46%.

In the industry's view, the biggest beneficiary of the depreciation of the RMB exchange rate is the export-oriented enterprises, especially the textile, clothing, toys, household appliances and other industries.

"Devaluation will have an impact on our foreign exchange settlement, and we may earn a little bit of exchange rate difference. But at a deeper level, our manufacturing industry bears the pressure of labor and raw material costs, and the impact of the entire international economic environment. A little fluctuation in exchange rate can not allow existing customers to ignore their own situation and suddenly increase their orders on a large scale."

Furniture industry foreign trade manager Zhang Xuekai introduced, "what I know is the furniture manufacturing factory in Guangzhou. The situation is that three or four of the ten households have moved to Southeast Asia, because there are cheaper raw materials and labor there, and the cost brought down by this industry shift is that the depreciation of the renminbi can not bring us anything. What we can do is improve the quality, control the raw materials and labor costs".