Export Tax Exemption Policy For Electricity Suppliers Since January 1, 2014

< p > the Ministry of Finance and the State Administration of Taxation recently issued the circular on the tax policy on retail export of cross-border e-commerce, which stipulates that, from January 1, 2014 onwards, the qualified cross-border e-commerce export enterprises can enjoy the same value as VAT, < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107105" > consumption tax refund tax exemption < /a > as well as ordinary foreign trade enterprises.

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< p > the implementation of this policy means that the "bottleneck" of the export tax rebate system that has long plagued China's e-commerce export enterprises has been broken through. This policy will greatly reduce the cost of related enterprises, further promote the development of cross-border e-commerce, and at the same time, it will also bring positive effects to promoting the pformation and upgrading of foreign trade enterprises.

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(Exemption) tax policy: first, e-commerce export enterprises belong to the general taxpayer of value-added tax and have the qualification to export tax refund (Exemption) to the competent tax authorities; second, the export goods obtain the customs declaration for export goods (exclusive use of export tax rebates), and the electronic information is identical with the customs declaration documents; third, the export goods are repaid within the closing date of the declaration period; fourth, the e-commerce export enterprises belong to the foreign trade enterprises, and the purchase of export goods obtains the corresponding value-added tax special invoices, the consumption tax special payment books (segmentation list) or customs import value-added tax and consumption tax special payment books, and the relevant contents of the above-mentioned documents match the contents of the export goods declaration (exclusive tax refund). < p > notification stipulates that the export of Electronic Commerce export enterprises conforms to four conditions, namely, the application of VAT and consumption tax.

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The notice also stipulates that the export commodities of Electronic Commerce export enterprises do not meet the above requirements, but at the same time meet the application of value-added tax and consumption tax exemption policies of the other three conditions: first, e-commerce export enterprises have already handled tax registration; second, export goods have been issued customs declaration declaration; third, purchase export goods have been legally valid < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107107" > purchase voucher < /a >.

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< p > experts say that the implementation of this policy can reduce the export cost of enterprises, further promote the development of cross-border e-commerce, and will also bring positive effects to the promotion of pformation and upgrading of foreign trade enterprises.

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< p > it is understood that the export tax exemption policy for cross border e-commerce providers will provide for value-added tax and consumption tax exemption or refund for eligible e-commerce export commodities.

Among them, the general taxpayer who can provide special invoices for value-added tax applies the tax refund policy of VAT and consumption tax, and a vat and consumption tax exemption policy for small scale taxpayers who can not provide VAT invoices.

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Zhu Anshun, chief executive officer of Taobao electric Island, the main cross-border 3C of P and electronic products, told reporters: "we may have only a few dozen dollars per product. Now B2C has not been included in customs statistics, so we have not received any tax rebate, which is a bottleneck for our electricity supplier and SMEs."

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< p > Taobao island has a revenue of about US $10 million a year in line with the tax rebate terms. Zhu Anshun said: "according to the tax refund rate of 16% to 17% of electronic products, the preferential tax rebate policy for cross-border electricity export will bring 1 million 600 thousand to 1 million 700 thousand US dollars tax rebate per year to Taobao Island, which is certainly a great benefit to the electricity providers and SMEs."

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< p > Ministry of commerce data show that cross-border e-commerce pactions in 2011 amounted to about 1 trillion and 600 billion yuan, reaching 2 trillion yuan in 2012.

In 2012, China's foreign trade growth rate was 6.2%, while the cross-border e-commerce trade scale grew by more than 25% over the same period.

Zhang Daming, deputy director of China International Electronic Commerce Center, said recently that China's cross-border e-commerce has been developing rapidly in recent years. The scale of a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107108" > cross-border e-commerce pactions < /a > will continue to expand in 2013, and the growth rate is expected to be around 30%.

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< p > third party survey data on Alibaba customer sales show that in 2012, Alibaba platform was active in more than 80 thousand Chinese suppliers, accounting for 5% of foreign trade export enterprises, and created 1 trillion and 300 billion exports, equivalent to 20% of the total export volume of SMEs in China.

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< p > AI consulting "2012-2013 China cross border Electricity Market Research Report" predicts that the scale of cross-border e-commerce pactions in China will continue to develop rapidly, and by 2016, it will reach 6 trillion and 400 billion yuan, accounting for 18.5% of the volume of import and export trade.

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