Starting from December 1, 2024! China's tax rebate policy for ports of departure has been greatly expanded, bringing good news to export enterprises!

On October 31,2024,the Ministry of Finance,the General Administration of Customs,and the State Taxation Administration (hereinafter referred to as the "Three Departments") jointly announced that starting from December 1,2024,the scope of implementation of the departure port tax rebate policy will be further expanded to support export enterprises and enhance China’s competitiveness in global trade.

Inner Mongolia Autonomous Region

: Included in the list of departure ports,further expanding the regional coverage.

• GuangxiZhuangAutonomousRegion:Multipleportshavebeenaddedtoenhancetheexportcapacityofthesouthernregion.
• ZhejiangProvince:Additionofmultipleportstoenhanceexportcapacityinthesouthernregion.
• ZhejiangProvince:Continuetooptimizeexistingports,suchasLianyungangPort,NingboPort,etc.andaddWuxi(Jiangyin)Port.
• LiaoningProvince:Strengthenlogisticssupportinthenorthernregion.
• GuangdongProvince:AddShantouPort,HuaduPortinGuangzhouCity,NanshaPortinGuangzhouCity,ZhanjiangPortinZhanjiangCity,JiangmenGaoxinPortinJiangmenCity,QinzhouPortinQinzhouCity,YangpuPortinDanzhouCity,etc.tofurtherconsolidatetheexporthubstatusoftheGuangdong-HongKong-MacaoGreaterBayArea.

Scope of Application and Conditions

According to the new policy,container goods that are declared for export from the designated departure ports by eligible export enterprises,carried by China State Railway Group Co.Ltd.and its subsidiaries,and directly reach the departure place through railway transit can enjoy the departure port tax - refund policy.It should be noted that dangerous goods are not applicable to this policy.

Optimization of Tax - Refund Process

The three departments have clarified the tax - refund handling process,including:

• ApplicationbyExportEnterprises:Exportenterprisesneedtogothroughthereleaseproceduresatthedepartureportandgeneratetheelectronicinformationoftheexportgoodsdeclarationform.
• InformationTransmission:TheGeneralAdministrationofCustomstransmitstheelectronicinformationoftheexportgoodsdeclarationformtotheStateTaxationAdministration.
• Tax-RefundApplication:Exportenterprisesapplyfortax-refundtothetaxauthoritieswithrelevantmaterialsandcompletethetax-refundfiling.
• Tax-RefundReview:Thetaxauthoritieshandlethetax-refundaccordingtotheenterprisesexportclassification,customscreditratinganddeclarationforminformation.
• DataFeedback:Afterthegoodsactuallyleavethecountry,theGeneralAdministrationofCustomsfeedsbackthecustomsclearanceandverificationdatatotheStateTaxationAdministrationtocompletethetax-refundverification.
• Exceptionhandling:Ifthegoodsarenotactuallyexported,thetaxneedstobepaidup,andthetaxauthoritieswillrecoverthetaxalreadyrefunded.

Policy Objectives and Significance

This expansion of the departure port tax - refund policy aims to further simplify the tax - refund procedures for export enterprises,improve tax - refund efficiency,reduce enterprise operating costs and enhance the international competitiveness of Chinese export enterprises by optimizing the tax - refund process and adding tax - refund ports.At the same time,the newly added departure ports will promote regional economic development,enhance the ports logistics capacity and optimize the national logistics layout.

Strengthen Departmental Collaboration

The three departments emphasized that local customs and tax departments need to strengthen communication,establish a liaison and cooperation mechanism,exchange information on enterprises compliance and integrity and abnormal cargo shipments,ensure the smooth implementation of the policy,and promptly solve problems arising in the work.

Future outlook

With the further expansion of the departure port tax - refund policy,Chinese export enterprises will enjoy more convenience and support,promoting more high - quality products to enter the international market.At the same time,the improved tax - refund policy will attract more enterprises to participate in export trade and promote the sustained and healthy development of the Chinese economy.

Conclusion

The expansion of the departure port tax - refund policy this time is an important measure for the Chinese government to support exports and optimize the trade environment.Through continuous improvement of the policy,China will further consolidate its position in global trade and help export enterprises achieve greater success in the international market.