If a production enterprise re-exports imported materials and parts in the form of "processing with materials", it shall fill in the "Application Form for Processing with Materials" according to the "Registration Manual for Processing with Materials" approved by the Ministry of Nuclear Industry of the Customs, submit the application form to the tax authorities in charge of export tax refund for examination and seal, and then send it to the tax authorities in charge of collection. They are also allowed to deduct the tax on this part of imported materials according to the prescribed tax rate when calculating the value-added tax on processed products. After the goods are exported, the tax authorities in charge of tax refund should also calculate and deduct the tax on the imported materials according to the prescribed tax refund rate when calculating their tax refund or credit.
(1) The formula for calculating the tax refund of production enterprises that adopt the "first levy and retreat" method is:
Current taxable amount = current domestic goods output tax+current FOB export goods * foreign exchange RMB quotation * tax rate-(current total input tax+taxable value * tax rate of duty-free imported materials written off by customs in the current period).
Current tax refund amount = FOB export goods in current period * foreign exchange RMB quotation rate * tax refund rate-current customs will write off duty-free imported materials as taxable value * tax refund rate.
(2) The calculation formula for the production enterprises that implement the method of "exemption, credit and refund" to calculate the tax refund is:
Tax amount that will not be deducted or refunded in the current period = FOB of export goods in the current period * foreign exchange RMB quotation price * (tax rate-tax refund rate)-taxable value of duty-free imported materials written off by the customs in the current period * (tax rate-tax refund rate).
Note: In the formula, the former tax rate refers to the legal tax rate of transit goods, and the latter tax rate refers to the legal tax rate of imported materials.
The calculation formula and specific steps of the rest of the tax credit and tax refund shall be implemented in accordance with the provisions of document No.92 (1995).
When foreign trade enterprises import materials and parts in the form of "feed processing" and resell the imported materials and parts after tax reduction to other enterprises for processing, they should first fill in the "Import Processing Trade Declaration Form", submit it to the tax authorities in charge of export tax refund after examination and signature, and then submit it to the tax authorities in charge of tax collection. Accordingly, when issuing special VAT invoices, the tax amount indicating the sales materials can be calculated at the prescribed tax rate. The tax authorities responsible for collecting the tax payable indicated on the sales invoices of some sales materials will not collect it, and the tax authorities responsible for tax refund will deduct it from the tax refund when the export enterprises apply for export tax refund.
The amount of tax refund for imported processed and re-exported goods is calculated according to the following formula:
Export tax rebate = tax rebate for export goods-tax deduction for imported materials.
Deductible tax amount of imported materials = sales amount of imported materials * tax rebate rate of re-exported goods-value-added tax actually levied by the customs on imported materials.
Foreign trade enterprises that import materials and parts in the form of "feed processing" and process export goods in the form of entrusted processing can calculate the tax refund according to the prescribed tax refund rate on the basis of the special VAT invoice and special payment book paid by the workers. Where the import value-added tax has been levied by the customs, the export verification shall be handled with the original Payment Letter for Import Value-added Tax.