1. Can the VAT invoice be refunded?
This is non-refundable. Ordinary VAT invoices are not refundable.
Individuals do not refund taxes, and only ordinary taxpayers can deduct tax. Moreover, ordinary invoices are not refundable, and special VAT invoices are refundable. Tax refund means that for some reason, the tax authorities will refund the tax paid to the original taxpayer according to the prescribed procedures. Perfecting the export tax rebate policy and speeding up the tax rebate process can reduce the burden on enterprises and maintain the steady growth of foreign trade.
2. What is the process of applying for tax refund?
General procedure of export tax rebate and its annex General procedure of export tax rebate registration:
1. Delivery of relevant certificates and collection of registration forms
The enterprise shall, within 30 days after obtaining the approval documents of relevant departments and the industrial and commercial registration certificate issued by the administrative department for industry and commerce, handle the tax refund registration of export enterprises.
2. Declaration and acceptance of tax refund registration
After receiving the Registration Form for Tax Refund of Export Enterprises, the enterprise shall fill in it according to the registration form and relevant requirements, affix the official seal of the enterprise and the seal of the relevant personnel, and submit it to the tax authorities together with the approval documents for the right to operate export products, industrial and commercial registration certificates and other supporting materials. After verification by the tax authorities, the registration shall be accepted.
3. Issuing the Registration Certificate of Export Tax Refund The tax authorities shall issue the Registration Certificate of Export Tax Refund to the enterprise after receiving the formal application of the enterprise and examining and approving it according to the prescribed procedures.
4. Change or cancellation of export tax refund registration When the business status of the enterprise changes or some tax refund policies change, the tax refund registration should be changed or cancelled according to actual needs.
3. What are the legal provisions for tax refund?
If the consignee or consignor of import and export goods or his agent fails to pay the tax within the prescribed time limit, a late payment fee of 1‰ shall be added on a daily basis (the threshold of late payment fee is RMB 10 yuan). Those who fail to fulfill their tax obligations for more than three months shall accept the following compulsory measures from the customs:
(1) The customs shall notify its bank or other financial institution in writing to withhold taxes from its deposits;
(2) The customs sells taxable goods according to law, and the tax is offset by the sales proceeds;
(3) Goods or other property with the value equivalent to the tax payable shall be seized and sold by the customs according to law, and the proceeds from the sale shall be used to offset the tax payment.
Special VAT invoices issued to individuals in China cannot be refunded, and only ordinary taxpayers are eligible for tax refund. Moreover, there are a lot of evidence materials to be prepared for tax refund, and the implementation process to be followed is also complicated. The tax authorities will not pass the tax refund application that does not conform to the tax refund process or provides inaccurate information.