11. Document preparation and settlement of foreign exchange

While handling the shipment of goods, Cisco also started the preparation of negotiation documents. On March 20, 2001, Shanghai Kaitong International Freight Forwarding Co., Ltd., as the agent of COSCO Container Lines Co., Ltd., a subsidiary of the carrier China Ocean Shipping (Company) Company, issued bill of lading No. COS6314623142. According to the provisions of the letter of credit, Cisco has prepared a full set of negotiation documents (3/3 original ocean bill of lading, commercial invoice, packing list, GSP certificate of origin, beneficiary certificate, passenger inspection certificate, cargo transportation insurance policy), The documents were presented for negotiation to the negotiating bank - Bank of China Jiangsu Branch on April 2.

◆ Ocean Bill of Lading (3/3)

◆ Commercial Invoice

◆ Packing List

◆ Generalized System of Preferences Certificate of Origin< /p>

◆ Beneficiary certificate

◆ Passenger inspection certificate

◆ Cargo transportation insurance policy

12. Financial payment

< p>On March 22, Cisco’s financial staff received the ocean freight invoice and port miscellaneous fee invoice from Shanghai Kaitong.

On March 27, I received the value-added tax invoice and export-specific payment note from the garment factory.

After negotiating and delivering the documents, on March 30, the financial staff paid the payment to the garment factory, settled the sea freight, port miscellaneous fees and other expenses with Shanghai Kaitong, and at the same time urged Shanghai Kaitong to refund and write off the goods. one.

◆ Ocean freight invoice

◆ Port miscellaneous fee invoice

◆ Value-added tax invoice

◆ Export-specific payment note

13. Verification of foreign exchange receipts

On April 20, Cisco received the export foreign exchange receipts verification form and customs declaration form returned by Shanghai Kaitong from Shanghai Kaitong. On the same day, the verification officer submitted the verification form to the foreign exchange bureau online, and carefully checked the electronic ledger data of the verification form and customs declaration form when submitting the document online.

On April 23, 2001, Cisco received the remittance receipt from the bank, and the issuing bank paid in full. At this point, the transaction has been safely collected.

After the online submission was successful, on April 24, the verifier took the paper exchange receipt receipt (that is, the special form for verification of export collection of foreign exchange, which was stamped by the bank with "Special for verification of export collection of foreign exchange". "stamp"), export foreign exchange verification form

(has been stamped by the export customs, the third page), customs declaration form

(white declaration related, customs has stamped), commercial The invoice and the self-made verification form must be submitted to the foreign exchange bureau for verification and verification (copy retained by the foreign exchange bureau). After the verification is completed, the State Administration of Foreign Exchange will return the verification form (Export Tax Refund Coupon) stamped with the "Verification Seal" to Cisco on the spot.

After the verification is completed, the verification officer will transfer the above documents to the financial tax handler for tax refund matters.

◆ Export exchange receipt verification form

◆ Customs declaration form

◆ Exchange receipt receipt

◆ Commercial invoice

◆ Registration Form for Submission of Verification Form

14. Export Tax Refund

On April 25, 2001, Cisco’s financial and tax personnel submitted the value-added documents that the company needed to apply for certification. After sorting out the tax invoices, submit them to the National Taxation Bureau for invoice certification. On the same day, I received the IRS certification result notification and certification list.

On April 26, the financial tax handlers collected all the documents required for tax refund and bound them into a book. Among them, the verification form (special export tax refund copy returned by the foreign management), customs declaration form (yellow export tax refund copy), commercial invoice are in one volume, value-added tax invoice (deduction copy), export special payment letter, certification result notification , the certification list is in one volume), and enter the purchase details and tax refund declaration details one by one in the tax refund declaration software. After the input is completed, print out and generate the forms and floppy disks required by the tax refund office after verification, and submit them together with the "Approval Form for Summary Declaration of Tax Refund for Foreign Trade Enterprises for Export Goods" to the Audit Office of the Foreign Economic and Trade Commission for stamping the audit seal.

On May 7, 2001, the financial and tax handling staff submitted the above information to the audit department of the State Administration of Taxation for approval. On May 28, I received a notice from the IRS that the information submitted on May 7 had been approved. On May 29, the financial staff went to the bank to inquire and found that the declared tax refund amount had been refunded in full.

At this point, the business has been successfully completed.

◆ Notification of Certification Result

◆ Certification List

◆ Verification Form

◆ Customs Declaration Form (Tax Refund Coupon)

◆ Commercial invoice

◆ Value-added tax invoice (deductible copy)

◆ Export-specific payment letter

◆ Summary of tax refunds for exported goods by foreign trade companies Application Approval Form

Excerpted from: Beginner Tutorial: Follow me on the export example process.