The verification of processing trade means that after the execution of the contract, the processing trade unit submits the "Processing Trade Registration Manual", special import and export declaration forms and other valid data to the customs, and the customs verifies the import and export under the contract. , consumption of materials, etc., to determine the customs follow-up management of tax collection, exemption, refund, and repayment. Write-offs include loan write-offs, bad debt write-offs, import and export foreign exchange receipts and payments, processing trade write-offs, etc.

At present, there are still serious illegal activities such as arbitrage and foreign exchange evasion in our country. Criminals fraudulently purchase foreign exchange by forging customs declarations, approval documents and other documents, and convert foreign exchange into foreign exchange by overquoting import prices or underquoting export prices. Keeping it abroad affects the normal foreign exchange receipts and expenditures of society. In order to monitor enterprises' timely and full recovery of payment after export of goods, and timely and full receipt of goods after payment of foreign exchange for import, plug the loopholes in foreign exchange evasion and fraud during import and export foreign exchange collection and payment. Extended information

The customs will complete the write-off within 20 working days from the date of acceptance of the enterprise's application. Under special circumstances, it may be approved by the director of the customs directly under the customs or by the director of the subordinate customs authorized by him. Generally, 10 working days.

For processing trade manuals that have not opened a ledger, if the case is approved to be closed after verification, the customs will issue a "Notice of Closing the Case" to the operating unit; if the verification is normal and a ledger is opened, the customs will issue a "Notice of Verification Closing" to the business unit; if the verification is normal and a ledger is opened, the customs will issue "Bank Margin Ledger Verification Contact Form", the enterprise can go to the bank to write off the ledger. For the "actually transferred" ledger, the enterprise can get back the deposit and due interest at the bank or cancel the letter of guarantee and receive the "Bank Margin Ledger" "Verification Notice", which can be used to obtain the verification completion notice from the customs.

Reference: Baidu Encyclopedia - Write-off