On August 12,the reporter learned from the Municipal Tax Bureau that in the first half of this year,a totalof 418 million yuanofrefunding exporttaxeshasbeenhandled, effectively slowing down the financial pressure of foreign trade enterprises and reducing their capital costs as well.
In order to cope with the impact of the epidemic, the state has introduced a series of policies to increase export tax refund rate and encouragetransition fromexporttodomestic sales. In order to speed up the tax refund, the tax department of our city actively implements the “non-contact” processing of tax refundon the Internet, thus shortening the average processing time of refunding. Since the implementation of “non-contact” processing of export tax refunding on February 10, 398 enterprises in the city have handled the refunding of 327 million yuan on the Internet.
Thecanned citrusproducedby Yichang RosenFood Co., Ltd.is exportedto the United States, the European Union and other countries and regions. “41 tax refunds have been declared this year,witha total amount of 1.79 million yuan. Not only is the declaration procedure simple, but also the payment is handled quickly." Du Ping, the CFO of Rosen, told reporters that the financial pressure of the enterprisehad been alleviated; besides, due to the price fall of tinplate, the main raw material for canned packaging, the company quicklypurchased it. (Reporter Chen Xi, correspondent Yang Kai, Cao Mengjun)