Recently, State Taxation Administration of The People’s Republic of China issued a notice on supporting cross-border e-commerce to export overseas warehouses to develop export tax refund (exemption), and decided to implement “tax refund upon departure” for the goods exported by taxpayers through cross-border e-commerce to overseas warehouses (hereinafter referred to as “export overseas warehouses”).
According to the announcement, taxpayers can apply for export tax refund (exemption) for goods exported by way of overseas warehouse (customs supervision mode code “9810”) after the goods leave the country. When taxpayers apply for export tax refund (exemption), if the goods have been sold, they shall apply for export tax refund (exemption) in accordance with the existing regulations; If the goods have not been sold, they shall apply for export tax refund (exemption) in the way of “tax refund upon departure and sales re-accounting”, that is, after the goods are declared for departure, they can apply for export tax refund (exemption) in advance, and then conduct tax accounting according to the sales situation of the goods.
It is reported that in order to help taxpayers handle accounting accurately and efficiently, the tax authorities push the list of export pre-tax refund data that the tax authorities have completed but the taxpayers have not yet accounted for to taxpayers through information systems such as the electronic tax bureau and the “single window” of international trade. Taxpayers should confirm whether the goods have been sold and whether the export pre-tax refund needs to be adjusted according to the actual sales situation.
The announcement shall come into force on January 27, 2025. Taxpayers who export goods in the form of overseas warehouses before the implementation of the announcement, but have not yet declared export tax refund (exemption), should apply for export tax refund (exemption) in accordance with the “tax refund upon departure” method.
Source: People’s Daily Overseas Edition
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