Export returned goods due to force majeure due to the epidemic can enjoy relevant tax relief-Binli T

Export returned goods due to force majeure due to the epidemic can enjoy relevant tax relief

The Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation have recently jointly issued an announcement (No. 41 of 2020), which clarifies the tax regulations for the export of returned loans due to the new crown pneumonia epidemic.

With the approval of the State Council, import duties and imports will not be levied on goods that are re-imported in the original state within 1 year from the date of export due to force majeure due to the force majeure of the new crown pneumonia epidemic from January 1, 2020 to December 31, 2020 For link value-added tax and consumption tax, if export duties have been levied at the time of export, export duties shall be refunded.

For goods that meet the requirements, if the export tax refund has been processed, the refunded (exempt) value-added tax and consumption tax shall be paid in accordance with the current regulations. Starting from the date of the announcement, when the returned goods complying with the regulations are declared for import, if the enterprise applies to the customs for non-taxation procedures, it shall obtain in advance the export goods tax paid (not refunded) certificate issued by the competent tax authority.

From January 1, 2020 to the date of the announcement, the import duties, import value-added tax and consumption tax that have been levied on returned goods that meet the requirements will be refunded upon application by the enterprise. Among them, those who fail to declare the deduction of import value-added tax and consumption tax should obtain the ``Return of Force Majeure Export Goods Due to the New Coronary Pneumonia Epidemic and the Certificate of Non-deductible Consumption Tax for Exported Goods'' issued by the competent tax authority in advance, and apply to the customs for the refund. The procedures for levying import duties and import value-added tax and consumption tax; if the deduction of import value-added tax and consumption tax has been declared, only apply to the customs for the refund of the levied import duties. Import consignees should go through the tax refund procedures with the customs before June 30, 2021.

For goods that meet the relevant regulations, the import loan collector shall submit a written statement of the reason for the return, proving that it is returned due to force majeure due to the new crown pneumonia epidemic, and the customs shall go through the above procedures according to the returned goods based on the description.

Export returned goods due to force majeure due to the epidemic can enjoy relevant tax relief

分享至微信