Duty-free shops are exempt from import value-added tax and customs duties, but are exempt from customs duties and value-added tax when they are imported, and are not exempt from value-added tax when they are sold.
Calculation formula of import value-added tax: import value-added tax = (dutiable price+tariff) /( 1- consumption tax rate) * value-added tax rate.
The basic formula for calculating import tariff is: import tariff = dutiable price * import tariff rate.
For imported goods, tax exemption refers to exemption from import duties and value-added tax in the import link. This part of the tax varies according to the kind of goods. Therefore, for the mainland, the tax rates of cosmetics, tobacco and alcohol are very high, so the prices of cosmetics, tobacco and alcohol in duty-free shops are cheaper than those outside.
Duty-free goods are mainly perfume, leather bags, cosmetics, jewelry and so on. , belonging to foreign brands, and the goods that should be refunded after leaving the country according to the tax refund policy mainly include clothing, shoes and hats, cosmetics, watches, jewelry, electrical appliances, stationery and sporting goods. ***2 1 324 species, food, alcohol, tobacco, automobiles, motorcycles, gold and silver jewelry, etc. Can't enjoy tax refund.
To purchase foreign exchange goods in domestic duty-free shops, the following conditions must be met:
1, which belongs to the regulated supply object;
2. The only valid certificate that meets the requirements, that is, my passport and the Customs-certified Entry Passenger Baggage Declaration Form or the Import Duty-free Goods Registration Certificate;
3. Holding foreign currency brought from abroad and declared to the customs;
4. Comply with the customs regulations on the inspection and release of duty-free goods, that is, passengers are allowed to bring duty-free goods into the country, and they are within the limited variety and quantity of goods. Passengers who meet the above conditions can buy duty-free goods at designated duty-free goods stores.
legal ground
People's Republic of China (PRC) enterprise income tax law
Article 6 The income in monetary form and non-monetary form obtained by an enterprise from various channels shall be the total income. Including:
(1) Revenue from the sale of commodities;
(2) Income from providing labor services;
(3) Income from property transfer;
(four) dividends, bonuses and other equity investment income;
(5) Interest income;
(6) Rental income;
(7) Royalty income;
(8) Receiving donation income;
(9) Other income. Article 7 The following incomes in the total income are non-taxable income:
(1) financial allocation;
(2) Administrative fees and government funds collected according to law and incorporated into financial management;
(3) Other non-taxable income as stipulated by the State Council.