Exchange rate-exchange cost = export profit, and this "exchange cost" should refer to tax refund.
Exchange cost = total export cost (RMB)/net export foreign exchange income (foreign currency)
Among them, the total export cost (RMB) = the amount of special invoices for VAT tickets issued by the factory to our company, which is referred to as special tickets for short, and the tax rate is 17%+ RMB expenses such as trailer loading and unloading storage port and customs declaration and inspection bank-tax refund amount.
= special ticket +6000- special ticket *9%/ 1. 17
Net export foreign exchange income is FOB net income (net foreign exchange income after deducting commission, transportation insurance and other labor costs).
18000 USD =2W- 1963-33
Remember the formula?
Special VAT invoice amount = (exchange cost * FOB-RMB total cost) /( 1- tax refund rate /( 1+ special invoice rate))
Tax refund amount ¥ 9280.77 = 9% *120650/1.17.
Total RMB expenses = trailer loading and unloading fees, storage port fees, miscellaneous fees, customs declaration fees, commodity inspection fees and other RMB expenses.
Exchange rate-exchange rate = part of the tax refund paid by the agency for the factory.
Exchange rate = special airfare/FOB