| 1. |
Exporting enterprise should bring along the required documents
to the respective tax bureau for assessment on qualification
of tax refund on export goods within 30 days of relevant export
registration. After the assessment, qualified goods are entitled
to tax refund (exemption).
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| 2.
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Exporting
enterprise should carry out its export business and apply for
VAT refund according to its registered name. Individuals (including
foreign individuals) should register themselves as sole-proprietor,
entrepreneurial or partnership to apply for tax refund.
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| 3.
|
VAT
refund policy for exporting enterprise that has production capability
will follow existing refund method of "Exemption, Set Off
and Refund Method" depending on the type of exported goods.
The "Pay First Refund Later Method" or "Exemption
Method" will apply to the exporting enterprise with no
production capability. For the companies that are recognized
as small scale taxpayers, will follow existing rules with VAT
and sales tax being exempted.
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| 4.
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Exporting
enterprise directly purchase goods from logistic companies can
apply for VAT refund (exemption) according to existing procedure. |
