When purchasing goods:

Borrow: commodity procurement

Operational expenditure

Taxes payable-VAT payable (input tax) (calculated according to the tax amount indicated on the special VAT invoice)

Loan: bank deposits or other monetary funds.

2. When the goods are accepted and put into storage:

Borrow: inventory goods

Loan: commodity purchase

3. After the export documents are collected and the information is complete, the tax bureau will refund the tax.

Debit: bank deposit

Loans: other receivables-export tax rebate receivable-value-added tax.

Foreign trade enterprises export goods to domestic sales expansion information is as follows:

1. If the tax refund department finds that a foreign trade enterprise needs to export to domestic sales, it shall fill in the Notice of Taxation on Undeclared Export Goods for Domestic Sales in duplicate within the prescribed time limit (one for the enterprise and one for the tax collection branch); When an enterprise finds that its exports are converted to domestic sales by itself, it shall fill in the List of Tax Declarations for Export Goods Not Declared for Domestic Sales in triplicate (one for the tax refund department and one for the enterprise collection branch);

2. The enterprise shall also calculate the sales amount of taxable goods in the tax return according to "(FOB price of export goods × foreign exchange RMB quotation) ÷ (1+legal VAT rate)" listed in blue in column 4 of schedule 1, and at the same time, according to "FOB price of export goods × foreign exchange RMB quotation" in paragraph 60 of schedule/kloc-0. Exchange rate calculation on the day of exchange rate export.

3. After adjusting according to the above provisions, the enterprise shall provide a copy of the account adjustment page and accounting voucher when handling the tax declaration, and issue an opinion that "this copy is consistent with the original" and affix the official seal of the enterprise. At the same time, fill in the "List of Tax Declarations for Export Goods Not Declared for Domestic Sales within the prescribed time limit" in triplicate, and submit it to the competent tax collection branch. After confirmation and seal by the competent tax collection branch, two copies will be kept, which will be returned to the enterprise, one copy will be kept by the enterprise, and the other copy will be submitted when handling the tax refund declaration.

4. The export goods taxed by enterprises as domestic sales can be deducted from the input tax. If the enterprise has handled the tax refund for goods sold for domestic use, and the original vouchers for goods tax refund cannot be returned to the enterprise after the tax refund has been returned, the enterprise shall fill out the Input Tax Deduction Form for Goods Tax Refund for Domestic Sale in triplicate (one for the tax collection branch, one for the enterprise and one for the tax refund department).

The tax refund department shall add the comments as the deduction basis, and copy the opinion that "this piece is the same as the original mark" on the special invoice listed in the table, and affix the official seal of the enterprise. When part of the goods in the special invoice need to be taxed as domestic sales, the enterprise should also fill in the input tax deduction form for goods that are exported to domestic sales.

Ministry of Finance of People's Republic of China (PRC)-Notice on Printing and Distributing Provisions on Accounting Treatment of Value-added Tax