How to deal with the return of export goods? 1. How to handle tax refund and customs clearance return?
After the goods exported by an export enterprise have gone through the customs clearance formalities, the export enterprise must go through the declaration formalities with the local tax authorities in charge of export tax refund and refund the refunded (exempted) tax. If the returned goods have been declared tax refund, it shall be handled according to the following circumstances:
(1) Where an export enterprise processes and sorts out the customs declaration returns, replaces the goods with the same specifications and models, or returns the returned goods to the supplier for further export, the export enterprise shall apply to the tax authorities in charge of tax refund for export goods for a special payment book and a receipt and refund certificate (hereinafter referred to as the certificate), and the export enterprise or supplier shall use the certificate to offset the current sales income and output tax.
(2) Where an export enterprise converts the goods returned from customs clearance into domestic sales, it shall handle the tax refund of "Certificate of Export to Domestic Sales" with relevant documents to the competent tax authorities as the input deduction certificate for domestic sales.
Two, has been declared, did not apply for tax refund, return processing.
After the export enterprise submits the special VAT invoice (deduction copy) of the purchased goods to the competent tax authorities for export tax refund, and the goods are returned and turned into domestic sales or part of domestic sales, the enterprise shall apply to the competent tax authorities for the Tax Payment Certificate for the Returned Export Goods, and deduct the tax refund from the total tax refund or apply for tax refund according to the tax refund business (the declared data is normal). At the same time, foreign trade export enterprises should also fill in the "Certificate of Exporting Goods to Domestic Sales", which will be signed by the competent export tax refund tax authorities as a voucher for deducting the input tax when selling domestically, and the special VAT invoice (tax deduction copy) declared by enterprises will be retained by the tax refund authorities.
Three, undeclared tax refund, customs return processing
What should the export company do if the export goods are returned or shipped? Foreign trade enterprises that return export goods should first apply to the competent tax authorities for the issuance of the Tax Refund Certificate for Supplementary Taxes on Export Goods (non-refundable), and take it to the customs for the return of export goods. When an export enterprise returns goods, it needs to enter the return voucher in the export tax refund declaration system, generate electronic data, and apply to the competent tax authorities for the return voucher of export commodities with the application form of paper-based tax refund (non-refund) voucher. If a foreign trade enterprise returns goods, it needs to pay tax first if it has declared tax refund, and it does not need to pay tax if it has not declared tax refund. When applying for issuing a tax refund (exemption) certificate for export goods, you should fill in the Application Form for Tax Refund (Exemption) Certificate, and provide the official electronic information and the following materials:
(1) customs declaration form for export goods (if the tax refund has been declared at the time of declaration, it is unnecessary to provide it);
② Export invoice (foreign trade enterprises do not need to provide it);
(3) The original and photocopy of the general tax payment book (no need to provide it if the tax refund is not declared at the time of declaration);
Other materials required by the competent tax authorities.
Description of entry of return voucher in export tax refund declaration system of foreign trade enterprises:
Enter the export tax rebate declaration system of foreign trade enterprises-enter the wizard-document declaration wizard,
(1) Step 2-Entry of document declaration data-Application form for return tax payment (not returned) certificate-After data entry? Click "Set Flag";
(2) the fifth step-generating a formal declaration floppy disk-printing the declaration materials of documents-returning (not returning) the goods with the tax payment certificate;
(3) The fifth step-generating a formal declaration floppy disk-generating documents and declaration materials.
(2) Accounting treatment when foreign trade enterprises return goods:
Decline in transport revenue:
Debit: foreign exchange receivable (red)
Loan: main business income-export income (in red)
Debit: main business cost (in red ink)
Credit: Inventory goods (red letter)
Debit: main business cost (difference between tax rate and tax refund rate)
Credit: Taxes payable-VAT payable (input tax transferred out) (difference between collection rate and tax refund rate)
For export goods for which tax refund has been declared, the following accounting entries shall be made according to the provisions of the competent tax authorities:
Borrow: Taxes payable-VAT payable (export tax rebate)
Main business cost (consumption tax refund)
Loans: bank deposits
Export goods return procedures
1. If the goods have been declared for export, but the enterprise has not declared the export tax rebate, and the goods are returned in whole or in part, the competent tax rebate department does not need to issue any certificate, and the enterprise can directly go through the formalities of returning the goods to the customs with the original export goods declaration form (special export tax rebate form). Second, if the goods have been declared for export, the enterprise has declared the export tax rebate and the goods have been returned from the customs in whole or in part. If the return date is less than one year from the original export date of the goods, the enterprise shall go to the competent tax refund department with relevant information to handle the tax voucher for the return of export goods, and go through the return formalities with the customs accordingly; 1, Handling Tax Refund Voucher for Export Goods (1) If the goods of an enterprise have been declared for export and have been declared for tax refund, and the goods are returned to the customs for some reason, they should submit the following materials to the competent tax refund department with the Application for Tax Refund Voucher for Export Goods and electronic materials, and apply for tax refund voucher for export goods (① abroad). (2) A copy of the customs declaration form for export goods (export tax refund form); (3) A copy of the verification form of export proceeds (special form for export tax refund); (4) export invoices of export goods; (5) other information required by the tax authorities. The tax refund (exemption) declaration system for export goods of production enterprises can generate the tax payment certificate for returned export goods (II) and the application for electronic data.
How to deal with the return of export goods? Tax treatment of return of related export goods and their becoming waste products.
1. If the export goods are returned (cleared through customs) for some reason and the export tax refund of value-added tax or consumption tax has been handled, the tax refund will be given;
2. In the process of producing export goods, if foreign raw materials subject to customs bonded supervision are used, and the finished products cannot be exported because they become waste products or are returned to waste products, the duty-free materials consumed by this part of the finished products shall be subject to import duties, value-added tax or consumption tax.
3. Value-added tax or consumption tax should be levied on the income from the sale of garbage disposal process;
4. Sales returns, whenever sold, should offset the current sales revenue when receiving the returns. Losses and income caused by waste should be included in current profits and losses, and the taxable income of current income tax should be increased or decreased. The above-mentioned tax treatment can be found in the current tax laws and regulations, such as value-added tax, consumption tax regulations, income tax law of foreign-invested enterprises, measures for the administration of tax refund (exemption) of export goods, import and export tariff regulations, etc.
Second, related financial accounting issues.
1. When the export goods are returned for some reason, the consignee or consignor of the export goods should first go through the formalities of verification of export proceeds, and the foreign exchange bureau should issue a certificate to the consignee or consignor of the export goods, and the consignee or consignor of the export goods should go through the customs declaration formalities of the returned goods with the certificate and the declaration form of verification of export proceeds issued by the original customs. If the returned goods are export tax refund goods, the consignor of the export goods shall also submit to the customs the non-tax refund certificate issued by the tax authorities that examine and approve the export tax refund or the original special customs declaration form for export tax refund, and go through the return formalities.
2. When returning the goods, debit the export sales income and record the goods as accounts payable; When receiving the returned goods, debit the finished products and credit the export sales cost; When finished products are scrapped and sold, they are debited to bank deposits, credited to other business income and payable taxes-payable value-added tax (output tax), and at the same time, they are debited to other business income and credited to raw materials or finished products. If it is a taxable commodity of consumption tax, it is necessary to increase loans and pay the taxable amount-consumption tax. Duty-free imported materials under customs bonded supervision are used in the production process and scrapped after being returned or not exported for some reason. When the import duties, value-added tax or consumption tax of duty-free materials are levied according to customs regulations, the loss and surplus of raw materials or other business expenses or property to be treated-the loss and surplus of liquid assets to be treated-are debited, and the tax payable-the value-added tax payable (input tax) is credited to the bank deposit. However, for the inventory of taxed raw materials, semi-finished products and finished products with abnormal losses, the value-added tax shall be transferred out as input tax. When the goods for which the export tax rebate has been handled are cleared (shipped) and the refunded value-added tax and consumption tax are returned to the tax authorities, corresponding accounting entries shall be made according to the accounting treatment provisions of value-added tax and consumption tax.
3. For exported goods, if there are quality problems or other reasons, they should be returned to the mainland for repair or shipped back to the mainland, arrived in Hong Kong, and then transshipped in Hong Kong, and directly imported by express mail. This program is simple and time is fast. This is the way to deal with some goods that have to be returned to the mainland with incomplete documents!
How to deal with the finance of export goods return-whether it is return or import or import, tax should be paid.
According to the requirement of returning goods, I need to prove that this part of the tax refund has not yet come down.
Export goods are returned, but have been written off. How to use the document declaration guide to deal with the application for tax documents for the first step of the export tax rebate system?
The tax bureau will give you a certificate after accepting it. You should consult the director of taxation for details.
Part of the exported goods will be returned and part will be compensated. How to deal with the financial aspects? Make it difficult for others to understand. . You mean you don't know whether it should be included in the cost or expense. I still don't know what theme to use. . . . . . You need to elaborate. . .