---
title: "Interpretation of 2026 Import and Export Tax Refund Policy: Sorting Out Practical Key Points for Enterprises - Zhongshen Trading China"
description: "Against the background of global supply chain restructuring in 2026，China's import and export tax refund policy has ushered in multi-dimensional adjustments，which directly affect the cash flow and profit margin of foreign trade enterprises. Many small and medium-sized foreign trade enterprises face tax refund delays or compliance risks due to vague understanding of the key points of the new policy. Manager Li from Zhongshen pointed out that under the new policy，enterprises need to accuratel..."
url: "https://www.sh-zhongshen.com/en/news/2026-import-export-tax-refund-policy-interpretation-enterprise-practical-points.html"
language: "en"
type: "Article"
category: "Industry News"
datePublished: "2026-10-20"
dateModified: "2026-10-20"
brand: "Zhongshen Trading China"
image: "https://cndpic.sh-zhongshen.com/uploads/tradepics/JyhHoPIg5N5Sp.webp"
---

# Interpretation of 2026 Import and Export Tax Refund Policy: Sorting Out Practical Key Points for Enterprises

## 2026 New Import and Export Tax Refund Policy: Enterprise Practice and Implementation of Agency Services

In the first half of 2026,many foreign trade enterprises in Shanghai have an "unexpected income" in their financial statements — General Manager Jiang of a machinery exporter told reporters that the tax refund rate for excavator parts exported by his company this year increased from 13% to 16%,and the monthly tax refund is nearly 120,000 yuan more than the same period last year.Behind this is the key adjustment of China’s 2026 import and export tax refund policy,and how to accurately grasp the dividends of the new policy and avoid compliance risks has become a core issue for foreign trade enterprises.

![Interpretation of 2026 Import and Export Tax Refund Policy: Sorting Out Practical Key Points for Enterprises](https://cndpic.sh-zhongshen.com/uploads/tradepics/JyhHoPIg5N5Sp.webp)

### I.Core Key Points Breakdown of 2026 New Tax Refund Policy

Different from the "minor adjustment" in previous years,the 2026 tax refund policy is adjusted around the dual main lines of "precision tax refund + risk prevention and control",and 3 key points directly affect enterprise cash flow:

- **Increased tax refund rate for key commodities**: The tax refund rate of mechanical and electrical products (including new energy vehicle parts,smart home appliances,industrial robots) accounting for 42% of total export volume was raised from 13% to 16%,involving 1280 commodity codes; the tax refund rate of some agricultural products was increased from 9% to 11%,covering grain processing,deep fruit and vegetable processing and other categories
- **Compressed electronic declaration process**: Five types of paper materials including paper customs declaration forms and VAT special invoices have been fully canceled.After enterprises submit electronic data through the "International Trade Single Window",the review cycle of tax authorities has been shortened from 15 working days to 7 working days,with the fastest arrival within 3 working days
- **Upgraded compliance verification**: A new "contract - logistics - invoice" three-document matching verification is added.If the trade background declared by the enterprise does not match the actual logistics track and capital flow,not only the full amount of tax refund will be recovered,but the enterprise will also be included in the joint customs-tax credit system,affecting subsequent customs declaration and tax refund qualification,and the traceability period has been extended to 3 years

### II.Opportunities and Challenges for Foreign Trade Enterprises Under the New Policy

For foreign trade enterprises of different scales,the 2026 tax refund policy is a "double-edged sword",with both opportunities and challenges:

| Enterprise Type | Core Opportunities | Main Challenges |
| --- | --- | --- |
| Small and medium-sized foreign trade enterprises | Increased tax refund rate thickens profits,shortened declaration cycle improves cash flow | Unfamiliar with electronic declaration process,easily rejected due to data errors; insufficient compliance awareness,high risk of false declaration |
| Large manufacturing export enterprises | High proportion of high tax refund rate categories,annual tax refund can increase by millions of yuan | Large number of commodity codes,prone to code matching errors; long supply chain,high difficulty in three-document matching |
| Cross-border e-commerce enterprises | Some B2B cross-border e-commerce can enjoy the convenience of electronic document declaration | Small batch and multi-batch orders,low document sorting efficiency; compliance verification covers online transactions,high requirement for data authenticity |

Mr.Fu from a cross-border e-commerce enterprise in Shanghai mentioned that his company tried B2B export this year,but due to unfamiliarity with electronic document declaration,the first two submissions were rejected for "inconsistency between logistics number and contract",delaying capital recovery for more than 20 days.

### III.How Does Zhongshen Help Enterprises Implement New Policy Dividends

With more than 20 years of experience in foreign trade agency,Zhongshen has launched "precision connection + full-process control" service for the 2026 new policy,and has helped more than 300 enterprises in Shanghai enjoy the new policy dividends.Specific measures include:

![Under the 2026 New Tax Refund Policy, How Can Foreign Trade Enterprises Get More Tax Refunds?](https://cndpic.sh-zhongshen.com/uploads/tradepics/JYmXSUdnpFFXx.webp)

- **Accurate matching of commodity codes**: Led by Supervisor Yan,the code team checks export commodity codes one by one for enterprises against the latest 2026 tax refund rate catalog.A home appliance export enterprise originally declared the code of "smart refrigerator" as 85211000,which was not included in the 16% tax refund rate range.After adjustment to 85211001 after verification,the quarterly tax refund increased by more than 250,000 yuan
- **Pre-audit mechanism for electronic documents**: Manager Li’s document team reviews the electronic data submitted by enterprises 3 working days in advance,and checks the consistency of contracts,bills of lading and VAT invoices.Since 2026,it has helped more than 40 enterprises avoid declaration rejection caused by "inconsistency of three documents"
- **Compliance risk prevention and control**: Update the list of new policy changes every quarter,and provide "compliance check-up" for enterprises.A machinery exporter failed to clarify "the correlation between export destination and tax refund rate" in the original transaction contract,and after being reminded and adjusted by Zhongshen,it avoided the risk of 100,000 yuan tax refund being recovered
- **Real-time tracking of tax refund progress**: Synchronize the review status of tax authorities through the internal system,and notify the enterprise within 2 hours once "materials to be supplemented" appears,shortening the correction time by 40% on average

Supervisor Luo from Zhongshen said,"Many enterprises think that the new policy is just ’increasing the tax refund rate’,but actual implementation requires accurate code matching and optimized document process.Our core is to help enterprises turn ’policy dividends’ into ’real money’."

### IV.Practical Suggestions for Enterprises: Complete Code Sorting Before Q3

For the 2026 new policy,it is suggested that foreign trade enterprises complete the following actions **before September 30,2026**:

1.Sort out all export commodity codes,and check whether they are applicable to a higher tax refund rate against the *2026 Export Tax Refund Rate Adjustment Catalog*; 2.Adjust the internal document process to ensure the consistency of information in contracts,logistics documents and invoices; 3.If you are not familiar with the electronic declaration process,you can contact Manager Li of Zhongshen for free code checking and process optimization consultation.

It should be noted that under the 2026 new policy,the traceability period for "false declaration" has been extended to 3 years,and enterprises should not take chances.Zhongshen has assisted 2 enterprises to rectify the problem of "incorrect code declaration" this year,avoiding credit damage.

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