1. Product definition: It refers to the short-term working capital loan provided by the Bank to export enterprises under the premise of hosting the export tax rebate account of enterprises, with the export tax rebate accounts receivable as repayment guarantee, so as to solve the short-term financial difficulties caused by the failure of the export tax rebate in time.
2. Product features: In principle, the proportion of entrusted loans in export tax refund accounts shall not exceed 70% of the tax refund payable by export enterprises, and the longest loan period shall not exceed 1 year. The loan period is determined according to the tax refund of the local national tax department. The loan interest rate shall be in accordance with the loan interest rate of RMB short-term working capital of the same grade stipulated by the People's Bank of China.
3. Service target: an export enterprise legal person who has been approved and registered by the administrative department for industry and commerce or the competent authority, gone through the annual inspection formalities according to the regulations, has the right to operate import and export, and independently declares the export tax rebate.
1. Calculation formula of general trade export tax rebate: current taxable amount = current domestic goods output tax+current export goods FOB price × foreign exchange RMB quotation × tax rate-total current input tax amount = export goods FOB price × foreign exchange RMB quotation × tax rebate rate.
2. Description of the above export tax rebate calculation formula:
(1) The input tax in this period includes all domestic materials purchased in this period, utilities, transportation expenses allowed to be deducted, value-added tax collected by the customs in this period and other expenses that can be deducted according to the tax law.
(2) The foreign exchange quotation of RMB is determined by two methods stipulated in the financial system, namely, the quotation of the day announced by the state or the average quotation at the beginning and end of the month. Once the calculation method is determined, the enterprise shall not change it within a tax year.
(3) If the actual sales income of the enterprise is inconsistent with the amount declared by the export goods and recorded in the foreign exchange verification form, the tax authorities shall levy taxes according to the large amount and refund the tax according to the amount recorded in the export goods declaration form.
(4) If the tax payable is less than zero, it shall be carried forward to the next period to offset the tax payable.
The escrow loan of export tax refund account refers to the short-term working capital loan provided by commercial banks to export enterprises under the premise of hosting the export tax refund account of enterprises, with tax refund receivable as repayment guarantee, in order to solve the short-term financial difficulties caused by the failure of export enterprises to receive tax refund in time.
Legal basis:
Article 405 of the Criminal Law of People's Republic of China (PRC) * * * Any staff member of the tax authorities who, in violation of the provisions of laws and administrative regulations, engages in malpractices for personal gain in the work of selling invoices, tax deduction and export tax refund, thus causing heavy losses to the national interests, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention;
Whoever causes particularly heavy losses to the interests of the state shall be sentenced to fixed-term imprisonment of not less than five years.
Any functionary of other state organs who, in violation of state regulations, engages in malpractices for personal gain in providing export tax refund certificates such as export goods declaration forms and export foreign exchange verification forms, thus causing heavy losses to the interests of the state, shall be punished in accordance with the provisions of the preceding paragraph.