Export tax rebates benefit the textile industry

From January 1, 2015, the export tax rebate rate of some products was adjusted again, in which textile and apparel export tax rebate rate was raised to 17% and full tax rebate was realized. Haitong Securities Research reported that the tax rebate policy has been adjusted frequently since it was introduced in 1985. This time, the tax rebate rate for some textile and apparel products has been raised to 17%, which is conducive to the competitiveness of the entire textile and apparel industry in the world.

In March 1985, the State Council formally promulgated the export tax rebate policy and implemented it on April 1, 1985. After frequent adjustments, the export tax rebate rate for textiles and garments generally remained within the range of 5% to 17%.

The adjustment of the export tax rebate rate serves the adjustment needs of the country’s export structure. Take textiles and apparel as an example. In order to get rid of the Asian financial crisis in 1998, the state raised the export tax rebate rate for textiles and clothing from 6% to 11% in January 1998. In 2005, China’s textile and apparel export was the golden peak. In order to reduce the trade surplus, in 2006 the country reduced the textile export tax rebate rate from 13% to 11%, and in 2007 it was further reduced to 5% (viscose fiber); After the crisis broke out, the export tax rebate rate for viscose fiber was further increased from 5% to 14%. The export tax rebate rate has increased from 16% in 2009 to 17%, mainly due to the unfavorable environment in which exports of textiles and garments have continued to slump in the past three years, and low- and medium-end orders have accelerated to Southeast Asian countries.

Textiles and clothing not only occupy a higher proportion of China's total export value, but also have a stronger ability to absorb employment. According to the data of the General Administration of Customs, in the first 11 months of 2014, textiles and clothing totaled 13% of the country’s total exports, but the growth rate slowed down significantly. In the first 11 months, exports of textiles and clothing increased by 5.3% and 6% respectively year-on-year, which was less than half of the same period in 2013. The executive meeting of the State Council held on December 31, 2014 proposed further decentralizing power and improving the export tax rebate mechanism. All the tax refunds for production enterprises are decentralized to the county (district) where they are approved, and where the conditions permit, the tax refund approvals for foreign trade companies can be decentralized; The company is under strict review. At the same time, various methods such as online reporting and self-service tax declaration are used to provide enterprises with tax declaration declaration facilities.

Ningbo: Most of the export commodities are raised

For Ningbo “foreign traders”, export tax rebates affect everyone’s nerves.

According to the Circular on Adjusting the Tax Rebate Rate for Certain Products, issued by the Ministry of Finance and the State Administration of Taxation, from January 1 this year, some product export tax rebates will be adjusted. The reporter recently learned from the Ningbo Foreign Trade and Economic Cooperation Bureau that this adjustment will involve 4327 foreign trade companies in Ningbo. It is understood that the adjustment of the export tax rebate rate in the "Notice" also includes Ningbo's foreign trade strengths - textile and clothing.

“From January 1, 2015, we started to increase the tax rebate rate for some products with high value-added products, corn processing products, textiles and clothing, etc.” The person in charge of the Financial Department of Ningbo Foreign Trade and Economic Cooperation Bureau told the reporter. “Upgrading the export tax rebate rate will help enterprises reduce export costs, increase export profitability, and enhance export competitiveness. The impact of the reduction of tax rebate rate on enterprises will be the opposite.” The other said.

According to the calculation of Ningbo's exports in 2013, the tax rebate rate adjustment involves a total of 4327 enterprises in Ningbo with an export value of US$14.063 billion. In general, the adjustment of export tax rebate rate will increase the export commodities of Ningbo, and the impact on Ningbo’s foreign trade exports will outweigh the disadvantages. For example, the tax rebate rate for some textile and apparel products has increased from the original 16% to 17%, which is a good factor for Ningbo's textile and apparel industry.

“Upgrading the export tax rebate rate will help enterprises reduce export costs, increase export profitability, increase export competitiveness, and the impact of the reduction in tax rebate rate on the company will be the opposite. Overall, the export tax rebate rate adjustment will affect the city's exports. To increase the majority, therefore, its impact on the city's foreign trade exports is much better than the disadvantages.” The above person reads.

In fact, after the new tax rebate mechanism is implemented, it will be more convenient for Ningbo foreign trade companies to refund their taxes. It is understood that the new mechanism will be all decentralized production enterprises to the county (district) examination and approval, foreign trade companies may also be completed in the county-level authorities to complete the application for tax refund approval, and cooperate with the network reporting, self-service tax declaration and other methods. At present, Ningbo's export tax rebates for production enterprises have achieved county-level tax rebate approval. In addition, the new mechanism implements classified management for tax refund companies, and companies with good tax payment credits can “retreat from trial to review”, and poorly credited companies undergo strict audits.

Jiaxing: Policy dividends add vitality to enterprises

The last State Council Executive Meeting in 2014 decided to further simplify administration and decentralize power, improve the export tax rebate mechanism, and devolute the tax refunds of production enterprises to the county (district) of the city where they are approved. Where conditions permit, the tax refund approval of foreign trade enterprises can be decentralized . The State Taxation Bureau of Xiuzhou District, Jiaxing, Zhejiang Province took measures to publicize the New Deal quickly to ensure the smooth convergence of policies and ensure that they are fully implemented in an accurate and timely manner.

According to reports, in the past, adjustments to export tax rebates mostly took a fuss over the tax rebate rate. This time highlights the simple decentralization of government power, which will greatly increase the efficiency of export tax rebates and reduce the production and operating costs of enterprises. This is a new breakthrough in the reform of export tax rebates. In fact, since June 1, 2014, the Jiaxing City's State Taxation Department has devolved the approval authority for export (exemption) of exported goods. After the decentralization of the examination and approval authority for withdrawal (exemption) of taxation, the full-scale management and service of the tax authorities at the grass-roots level on the production and operation, taxation, and tax rebate of export enterprises have been realized, which has facilitated the enterprises. “The enterprise handled the tax refund in the nearest place and solved the problem that exporting companies had a long way to go, handled export tax refund (exemption) duties for a long time, and had high costs, and realized the export-related tax refund (exemption)-related business in the local area, which reduced taxes. The burden of people." The relevant person in charge of the State Taxation Bureau said.

“Originally, we have to handle export tax refund business. We must first go to the taxation administration department to apply for a good tax registration, and then go to the city’s import and export tax refund department located next to the train station to apply for tax refund registration. After the goods are exported, we will go to the city’s import and export tax refund department to apply for online registration. Open the service, and then to the tax collection department to collect export invoices, collect the documents to the city's import and export tax refund department to apply for the tax exemption declaration, and then apply to the taxation management department for value-added tax declaration. According to Xiuzhou District National Tax Related Person in charge After the decentralization of tax rebate approval authority, the Bureau of Taxation, in addition to streamlining the process, will provide better service to enterprises, and will further advance the tax refund service, tax refund application acceptance, tax refund certification, and registration entry hall. In addition, the company will provide coaching training for enterprises. Strengthen the intensity, according to the area where the company is located, the characteristics of export products, points, and segments to train the company, and strengthen the awareness of risk prevention. In view of the large number of export tax rebate systems upgrades and the large number of problems encountered by enterprises in consulting operating systems, the Xiqin Export Enterprise qq group has been established to facilitate immediate counseling of enterprises and provide a platform for exchanges among enterprises, reducing the number of corporate reporting errors and improving The declaration quality.

As of December 31, 2014, Xiuzhou District had a total of 552 manufacturing enterprises eligible for tax refund (exemption) for export goods, and 266 production enterprises with actual export business. Last year, a total of 3,068 import and export tax refund filings were accepted, and the audited tax refunds amounted to 1.531 billion yuan, an increase of 15.47% from 1.325 billion yuan in 2013. In 2014, RMB 938 million was refunded, an increase of 23.74% from the 758 million in 2013.

Guangxi: Promoting the Rapid Development of Foreign Trade

"The state tax department has handled export tax rebates for our company in a timely manner, which has promoted the rapid development of the company's foreign trade, and enabled us to have more funds for technical reforms and enhance the company's innovation capabilities." Recently, Huang Hui, a company tax manager in Guangxi That is to say. In the past, tax refunds were required to handle export tax rebates. Today, Guangxi's national taxation department has eliminated some form certificates by standardizing taxation services and implemented remote tax returns for exporting companies, thus increasing the efficiency of export tax rebates.

From January to November 2014, Guangxi's national taxation department handled a total of 3.626 billion yuan in export rebate (exemption) taxes, which was a year-on-year increase of 9.04%. The growth of export tax rebates has further promoted Guangxi enterprises to go out to participate in multi-regional economic cooperation and promote the rapid development of foreign trade. According to customs statistics, in the first 11 months of 2014, the total import and export value of Guangxi was 220.33 billion yuan***, which exceeded the level of 203.7 billion yuan in 2013, an increase of 24.5%, and the cumulative growth rate was 2.8 points higher than the previous 10 months. Percentage.

Since 2014, the Guangxi region's national taxation system has effectively improved the taxpayer's reporting procedures for export tax refunds that are cumbersome and excessively reviewing and approving procedures. It has reformed key links in export tax rebates, reorganized and integrated the work flow, and improved exports in an all-round way. Tax refund work efficiency. According to the requirements of the Customs and Excise Tax Spring Breeze initiative, the taxpayer shall be promptly notified of the relevant declaration documents such as the “Exempt Export Goods Service List” cancelled by the General Administration of Directorate, and the tax return shall be substantially reduced. Upgrade the tax rebate system and standardize the long-distance tax declaration for exporting enterprises so that enterprises can pre-review export tax rebate data through remote declarations to prevent the occurrence of pre-examination of tax refunds and reduce the burden on taxpayers. At the same time, do a good job in helping new enterprises or production enterprises to export new products, increase policy advocacy efforts, send tax policies through tax-mailed mailboxes or short message platforms, and guide enterprises to handle export tax rebates in accordance with the regulations to guard against tax rebate risks. Strengthen cooperation with customs, foreign management, business and other administrative departments, timely exchange information on tax rebate management, and ensure that the management of certification is in place in a timely manner.

The national taxation department has speeded up the export tax rebate by adopting multiple measures. From January to November 2014, Guangxi's national taxation department handled a total of 3.626 billion yuan in export rebate (exemption) taxes, which was a year-on-year increase of 9.04%, providing strong tax support for Guangxi enterprises going out to participate in multi-regional economic cooperation, and promoting foreign investment. The rapid development of trade has effectively helped enterprises to innovate and develop.