Shenzhen Tax Rebate Service
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Alongside the streamlining of tax rebate application procedure, the State Administration of Taxation (SAT) requires enterprises to strictly comply with the filing deadline and will impose penalty on late applications.
To speed up the process of tax rebate (exemption), SAT recently issued a circular on the administration of export tax rebate (exemption). The new measures further simplify the procedure and documentary requirement for rebate applications. In principle, the use of "special tax payment advice" for export tax rebate has been cancelled; requirements of the bills for forex receipt on exports have also been eased to help speed up the application; and enterprises must apply to the tax rebate department for export tax rebate (exemption) within 90 days of the date to do customs clearence for exporting goods. Failure to meet the deadline is liable for penalties.
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In Shenzhen, in keeping with the spirit of the circular and taking into account its actual conditions, the city has adjusted its export tax rebate (exemption) rules. First, the categorisation system in export rebate administration has been scrapped. All export enterprises must file their applications on a monthly basis. Second, with SAT approval, production-type export enterprises in Shenzhen may file applications every two months. Third, regarding the provision for waiving the bills for forex receipt on exports in the circular, Shenzhen will stick to the current practice for the time being because the enterprise credit rating system has yet to be put in place in the city.
At the same time, to increase efficiency and ensure accuracy of export rebate declaration work, the Shenzhen state tax bureau will promote the export tax rebate agency system across the city starting August and strengthen training and administration of designated intermediary organisations.
To facilitate the process, Shenzhen Customs has also adopted effective measures to expedite the recovery of documents by enterprises. First, production enterprises making "centralised customs declaration" and with export receipts exceeding US$10 million will recover their export customs declaration forms of the current month within the first 10 days of the following month after the goods are exported. Second, enterprises exporting their goods over land and making declaration on a per shipment basis will recover their customs declaration form within three working days after the goods are exported. Third, enterprises exporting their goods by sea will recover their customs declaration form within 72 hours after the vessel leaves Chinese territory and upon receipt by Customs of the clean bill issued by the pier operator.
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