进出口业务教程 课件 Chapter12 Export Verification System and Export Tax Refund；Chapter13 The Practice of Import Business

PracticalCourseforImport&ExportBusiness

ExportVerificationSystemandExportTaxRefundChapterTwelveSection1.ExportverificationSection2.ExporttaxrebateCONTENTSSection3.ExercisesSection112.1ExportverificationSince1stJanuary,1991,theStateForeignExchangeAdministrationofthePeople’sRepublicofChina(StateAdministrationofForeignExchange,SAFE)hasimplementedtheexportverificationsystemwiththeapprovaloftheStateCouncil,whichhasliftedourmanagementagainstexportcollectionuptoanewlevel.Theexportverificationsystemcanfacilitateexportcollectionandstrengthenthemanagementagainstit.Thissystemcancontrolexportcollectiondirectlybyissuingtheverificationform,whichhasbeenoneofthemostessentialcertificatesforfollowingupandsupervisingexportcollection.Specifically,theStateAdministrationofForeignExchangeissuestheverificationformforshippersortheiragentstofillin,whichisneededinexportdeclarationviatheCustoms,thentheStateAdministrationofForeignExchangecanhandlethecaseaccordinglywiththeverificationformcheckedandsealedbytheCustoms.Section

ONE12.1.1WhatisexportverificationExportverificationreferstotheverificationprocedurethatcompanieshavegonethroughvialocalforeignexchangemanagerialinstitutionsduringaperiodafterthecargoexport,indicatingthattheexportamounthasbeencollected.Thoseentitiesincludecompaniesinvolvingexportbusiness,importbusinessandforeign-fundedcompanies.Section

ONE12.1.2Proceduresofexportverification1)TheexportunitobtainstheimportandexportbusinessrightapprovedbytheMinistryofCommerceoritsauthorizedunit;2)TheexportunitappliestotheCustomsforthe“ChinaE-port”accessprocedures,andtothedepartmentsconcernedforthe“ChinaE-port”corporateICcardandthe“ChinaE-port”businessoperatorICcardthroughelectronicauthenticationprocedures;3)Theexportunitofthematerialtotheregisteredholdersofthelocalforeignexchangebureauinwritingofftheregistrationandtheforeignexchangebureauonpreconditionsforexportunitstoregisterandestablishexportunitsinelectronicfieldinformation;4)Theexportunitappliesforthewrittenverificationformofexportproceedsonline.5)TheexportunitwiththeoperatorICcard,theverificationcardandtheexportercontract(forthefirsttimetoprovide)totheregistrationoftheforeignexchangebureautoapplyfortheexportverificationforminpaper.6)Theexportenterpriseappliestothecustomsofficesforexportverificationformstheportfortherecordbeforethedeclarationbythe“ChinaE-portexportexchangesystem”;7)Theexportunitmakesadeclaration.8)Theexportunitmay,afterthecustomsdeclaration,passthe“ChinaElectronicPortexportcollectionsystem”,whichwillbeusedfortheverificationoftheexportcustomsdeclarationandtheone-wayforeignexchangebureau.9)Aftertheexportunithashandledtheexportproceedsinthebank,itshallgototheforeignexchangebureaufortheformalitiesofverificationandverificationoftheexportproceeds.12.1.3MaterialsrequiredforexportverificationWhatmaterialsshouldbeprovidedwhentheexportunitappliestotheforeignexchangebureaufortheverificationoftheexportproceeds?1)Aletterofintroductionandanapplicationform.2)TheimportandexportenterprisequalificationcertificateofthePeople’sRepublicofChina.3)Thebusinesslicense(duplicate)oftheenterprise’slegalpersonorthebusinesslicense(copy)andcopiesoftheenterprise.4)TheoriginalandphotocopyoftheorganizationcodecertificateofthePeople’sRepublicofChina.5)Theoriginalandphotocopyofthecustomsregistrationcertificate.6)Othermaterialsrequiredbytheforeignexchangebureau.12.1.4SampleofanexportverificationformSection212.2ExporttaxrebateAsafinancialincentivemechanism,theexporttaxrebatesystemhasbeenwidelyappliedandplaysapositiveroleinmanycountriesandregionsoftheworld.Inmorethan100WTOmembers,manycountriesandregionshaveactivelyusedtheexporttaxrebatepolicyastheinternationalcustomtopromotetheexportofforeigntradeproducts.12.2.1WhatisexporttaxrebateTheexporttaxrebatereferstothemeasureoftherefundingtoexporterssomeorallofthedomestictaxwhichhasbeencollected.Theexporttaxrebateisanimportantpartofthenationalrevenue.Mainlythroughthetaxrefundtobalancedomestictaxesalreadypaid,enterprisescanreducethecostoftheirproductsforaccessintotheinternationalmarkettocompetewithforeignproductsunderthesameconditions,therebyenhancingtheircompetitivenessandincreasingexportsforeignexchangeearnings.12.2.2Proceduresoftaxrebate(exemption)1)Exportenterprisesshouldgothroughtheprocedureofexportdeclaration.2)ExportenterprisesshouldfillintheexportcommoditiesinvoiceissuedbytheStateTaxBureau.3)Exportenterprisesshouldinputrelevantinformationviathetaxrebateapplicationsystemincomputerfortheadministrationofforeignexchangetoverifyexportcollection,andforthestatetaxbureautoexaminecorrespondingly.4)Onceinformedofsuccessfulhandlingonthetaxrebate,theaccountantofexportenterprisesshouldgothroughtheprocedureoftaxrebateinthestatetaxbureau.5)Aftertheon-sitetaxrebate,exportbusinessshallreceivethetaxrefundallocatedfromtherelevantbankwithin5workingdays.12.2.3Requireddocumentsforsomecompanies1)Forforeigntradingcompanies,alltheproductspurchasedforexportaretaxedunderthepolicyofrefundaftercollectionoftheimportvalue-addedtax(VAT),andthenenjoytaxrefundafterapplicationtotaxauthorities.ThespecifictaxrefundamountcanbecountedbyRMBprice(theFOBprice*theforeignexchangerate)multipliedbyataxrefundrate.2)Formanufacturingcompanies,alltheproductsproducedforexportaretaxedunderthepolicyoftaxexemption,deductionandrefundpolicyforthevalue-addedtax(VAT).12.2.3RequireddocumentsforsomecompaniesWhendeclaringtaxexemption,deductionandrebatebyproductiveenterprises,thefollowingdocumentsmustbesubmitted:1)Customsdeclarationforms(forexporttaxrebateuseonly)2)Theexportcommoditiesinvoice(acommercialinvoicenotaproformainvoice)3)Theverificationformofexportcollection(forexporttaxrefunduseonly)andamedium&longtermforeignexchangesettlementstatement4)Theexportbrokerstatementifany5)TheVATspecialinvoice6)OtherdocumentsrequiredbystatetaxauthoritiesSection3Exercises71%71%71%71%71%71%Thankyou!PracticalCourseforImport&ExportBusiness

ThePracticeofImportBusinessChapter13Section1.ImportcontrolSection2.ImportcontractCONTENTSSection4.ShipmentandinsuranceSection3.L/CissuanceandamendmentSection5.DocumentexaminationandpaymentSection5.6.7.8.9.Customsclearance….Section1Thischapterwillintroducetheproceduresofimport,becauseexportandimportarethetwosidesofacoin.Whenhandlinganimporttrade,sometradeconditionsandtermsarejusttheoppositesideofthosewedoinanexporttrade.UndertheFOBcontractwithtermsofpaymentbyaletterofcredit,thegeneralprocedureofimportbusinesscanbesummarizedasimportcontrols,importcontract,L/Cissuanceandamendment,shipmentandinsurance,documentexaminationandpayment,customsclearance,takingdeliveryandre-inspection,settlementofdisputes.ImportcontrolThefirststepinanimporttransactionistocheckwhetherthecommoditiesyouselectfallintherestrictedlistbecausetheremustbeprohibiteditemsthatcan’tbeimportedatallorthereareimportcontrols.Theimportlicensesystemisoneoftheformsthatsomecountriesusetocontroltheimports.Sampleoftheimportlicenseisshownbelow:Section

ONESection213.2ImportcontractAnimportcontractcanonlybeworkedoutwithgoodknowledgeinanumberofareas.Besidesselectingtheproducttoimport,oneshouldknowtheexportregulationsintheexportingcountriesandthecapabilityandcreditworthinessoftheoverseassuppliertofulfillthecontract.Verificationcanbedonebyconfidentialreportsaboutthesupplierthroughembassies,banks,commercialsandcreditbureaus.Thecontentsandformatsaresimilartotheexportcontractmentionedabove.Section3L/CissuanceandamendmentUnderthetermsofpaymentwithaletterofcredit,theimportershouldapplyforopeningtheL/Cintimeinfavoroftheexporterwhowouldusuallyarrangeproductionorshipmentafterreceivingtheformalletterofcredit.TheL/Cshouldbemadetofitthesalescontractterms;otherwise,theexporterwillasktheimportertoamendtheL/C,whichwillcauseextraworkandcostandmaydelaytheshipment.TheexportermightrequestforL/CamendmentsafterhehascheckedtheL/Cterms.Iftherequestismadeaccordingtothecontractterms,theimportershouldapplytotheL/Copeningbankfortheexporterhasagreeduponwiththeimporter,anditisuptotheimportertodecidewhetherheacceptstherequestornot.Ifhewishestoentertaintherequest,hemightwanttoasktheexportertopaytheamendmentfeetheL/Cissuingbankwillcharge.6.1.1.2AdditionalcoverageWhilethebasicinsurancecoveragecanbetakenoutindependently,theadditionalcoverageshallbemadecomplementarilywiththeinsurancecompanyaccordingtotheactualsituation.Theadditionalinsurancecoverageincludesgeneraladditionalrisksandspecialadditionalrisks.(1)GeneraladditionalrisksGeneraladditionalriskscoverthelossescausedbygeneralextraneousriskswhicharecoveredbyAllRisksinthebasicinsurancecoverage.Thereare11typesofgeneraladditionalrisks:(1)Theft,Pilferage,andNon-delivery(TPND);(2)FreshWaterRainDamage;(3)RiskofShortage;(4)RiskofIntermixtureandContamination;(5)RiskofLeakage;(6)RiskofClash;(7)RiskofOdor;(8)HeatingandSweatingRisk;(9)HookDamage;(10)RiskofRust;Section4ShipmentandinsuranceMorecoordinationbetweentheimporterandtheexporterwillbeneededundercertaintradetermssuchasFOB.Iftheimporterisresponsibleforshipment,heshouldarrangethetransportationandkeeptheexporterinformedoftheprogressinordertofacilitatesmoothdeliveryofthegoods.Theimportermightalsowanttosupervisetheshipmentattheloadingport.Iftheinsuranceistobearrangedbytheimporter,theimportershouldasktheexportertoadvisetheshipmentintimesothatthegoodscanbecoveredbyinsurancewithoutdelay.Section5Theopeningbankmustexamineapresentationtodetermine,onthebasisofthedocumentsalone,whetherornotthedocumentsappearontheirfacetoconstituteacomplyingpresentation.Atthesametime,theconcernedbankshallhaveamaximumoffivebankingdaysfollowingthedayofpresentationtodetermineifthepresentationiscomplying.Thisperiodisnotcurtailedorotherwiseaffectedbytheoccurrenceonorafterthedateofpresentationofanyexpirydateorthelastdayforpresentation.Inpractice,afterexaminingallthedocumentspresentedcarefully,theissuingbankmaypresentthosedocumentstotheimporterforverificationwithinsevenbankingdays.Onceconfirmed,theissuingbankwilldebittheimporter’saccountwhenreleasingtheshippingdocumentstotheimporter.Thewholetransactionnowcomestoanend.Section6CustomsclearanceAllgoodsimportedintoacountryhavetopassthroughtheprocedureofcustomsclearanceastheycrosstheborder.Thegoodsareexamined,appraised,assessed,valuedandthenallowedtobetakenoutofchargeofthecustomsforusebytheimporter.Theentireprocessofcustomsclearanceiscomplexandtocarryoutthisproceduresmoothly,thehelpofaccreditedcustomsclearingagents(alsocalledCustomsbrokers)maybenecessary,particularlyforsmallcompaniesthatarenotsimilarwiththeproceduresoritisinefficienttokeeptheirownpersonnelforcustomsclearance.Section7Takingdeliveryandre-inspectionThebuyerortheconsigneemusttakedeliveryofthegoodswhentheyhavebeendeliveredascontractedatthedischargingportintheseatranspo