Export Tax Refund: Deadlines and Calculation Guide

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Understand export tax refund deadlines and calculations. Learn about critical time limits and the refund formula to ensure compliance and avoid losses. Learn more now.

Related Introduction

Export enterprises should pay special attention to declaration procedures when handlingand maintain strict time management to avoid losses.

Export Tax Refund: Deadlines and Calculation Guide

When handling export tax rebates,pay attention to four time limit regulations

Pay attention to the time limit

30 days: After purchasing export goods,the company must promptly receive the value-added tax special invoice or ordinary invoice issued by the supplier.For invoices related to anti-counterfeiting tax-controlled VAT,they must be validated within 30 days from the date of issuance.

90 days: Foreign trade enterprises must complete export tax rebate declaration procedures within 90 days from the date of goods export declaration,while manufacturing enterprises must complete tax exemption and rebate declaration procedures within 3 months from the date of goods export declaration.

180 days: Export enterprises must submit export documents to the local tax rebate authorities within 180 days from the date of customs declaration (excluding forward remittance).Verification form (excluding forward remittance).

3-month extension: If paper export tax rebate documents are lost or filled incorrectly and can be replaced or modified according to relevant regulations,export enterprises may apply to the tax rebate authorities for an extension of the export tax rebate declaration period during the declaration period.Upon approval,the extension can be up to 3 months.

Calculation formula for export tax rebates

Tax refund calculation formula

Current refundable tax amount = FOB price of export goods × RMB exchange rate × tax rebate rate

The above is the relevant content regarding "How long does it take to process foreign trade export tax refunds?" When handling export tax refunds,it is important to pay attention to the declaration procedures and time management.Since correcting errors in export tax refund declarations can be difficult once submitted,it is advisable to seek assistance from a professional agency if you are unfamiliar with the related procedures.

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