Tax refund for metal expansion joints, which models can be refunded? How to withdraw?
Nine times out of ten, the boss who exports metal expansion joints has asked a sentence: How to get a tax refund for this thing? After asking around, some people said they could refund 13%, others said they could only refund 9%, and others simply said they couldn't. Who is right?
Don't smack your head in a hurry. Let's break up the tax refund and explain it clearly.
The underlying logic of tax rebate for metal expansion joints: Who is giving money and why?
According to the current export tax rebate policy, metal expansion joints belong to industrial pipeline compensation equipment and are classified as high value-added manufactured goods. If you do two things right — the HS code is correct and the product meets the "substantial processing" requirement — you can enjoy a 13% rebate rate. But don't be too happy: wrong classification, you won't get a penny.
The so-called "substantive processing", to put it bluntly, means that you have to complete the main production process in China, and you can't just post a brand and send it out. Take a negative case: a customer imported semi-finished corrugated pipes from abroad, and only welded flanges in China and reported them for export. After verification, the tax bureau determined that it was not substantial processing, and the tax rebate rate directly dropped to 0. Miserable or not?
Can your product be returned or not? See for yourself against the checklist
Take the products on our site, for example,Universal corrugated expansion joint、Corrugated expansion joint for power plant industry、Metal Corrugated Expansion Joints in Cement IndustryThese categories, as long as the material is 304 stainless steel or carbon steel, and the purpose is clearly written "thermal displacement compensation of industrial pipelines", are basically in the tax refund catalogue.
But —Non-metallic expansion joint(fabric fiber type),rubber compensator、Rubber PTFE compensatorThe tax refund rate of these non-metallic products is much lower, and even some models are not refunded at all. Why? Customs codes are not the same. Metals are generally classified in Chapter 7326 or 8484, while non-metals are often classified in 4008 and 5911, and the tax refund rates vary greatly.
Specific to your product, the key depends on the structure: bellows, sleeve, or hinge? The connection method also has an impact on tax refund classification. Such asRotary compensatorAndSleeve type pipe expansion jointThe structure description is slightly vague, and the order will be refunded at the time of customs declaration. Two days ago, I met a customer and reported the two models mixed. As a result, the customs said that "the name of the product does not match the actual item", and it was stuck for a month.
Tax rebate rate is not a dead number, don't be fooled by 13%
The number of 13% has a premise. You must have special VAT invoice, export declaration form, foreign exchange receipt bill, and the FOB price of goods must be true. In the absence of anything, the tax office has reason to cut it down.
What is even more worrying is that if your product is classified into the restricted category of "high energy consumption, high pollution and resource nature", such asFlue gas baffle door(especially the desulfurization flue gas type) ordirectly buried expansion jointBecause special processes or materials are involved, the rebate rate may be slashed to 9% or even lower. And those foreign trade companies, if their own factories do not produce, but purely buy and sell, must first see whether they meet the conditions of "deemed self-produced". Not consistent? The tax refund rate goes directly to zero.
The most easily stuck point in the declaration process: the product name corresponds to the physical object
"Metal expansion joint" is written on your customs declaration form, but the actual product isCompound hinge transverse expansion joint, orStraight pipe pressure balanced expansion joint— You can't just name it casually. Customs is now strictly checking, and the names on product nameplates, drawings and invoices must be verbatim.
It is recommended that you take out the product information of each series on our site in advance, such asHigh temperature axial expansion joint、Large diameter thick wall expansion joint、External pressure single axial expansion jointThe HS codes were classified one by one. Also, should the value of the accessories such as the guide tube and the tie rod be listed separately? In the past, some customers didn't write it clearly, and the price was regarded as inflated when the tax refund was made. The tax was recovered plus late payment fees, and the intestines were all regretful.
Two practical suggestions, take it away and use it directly
First, the invoice writing method needs to be changed.Don't let the factory open such a confused account as "a batch of expansion joints". It must be accurate to "Universal Type Corrugated Expansion Joint DN200 PN16 304 Stainless Steel", and no word can be ambiguous. Fuzzy invoices are returned by the tax office to be reopened for a period of at least two weeks longer.
Second, stare at the tax refund policy adjustment in April every year.Metal expansion joints involve the steel category and sometimes fine-tune the tax rebate rate. Also, don't ignoreMetal hoseAndPTFE-lined hose-The name carries "hose" but the material is metal, and the same applies to the 13% tax rebate. If you exportSpecial hose for vacuumOrDouble hinge expansion joint for air-cooled island vacuum pipelineFor this highly customized product, it is recommended to look for the local tax bureau in advance for pre-classification. Save it from arguing afterwards and delaying the tax refund cycle.
Tax refund, which seems to be a financial matter, is actually rooted in product classification and customs declaration details. A mistake will delay not one or two points, but several months of cash flow. Do you think that's the truth?