What is the tax refund?

Tax refund refers to a kind of tax business in which the tax authorities return the paid tax to the original taxpayer according to the prescribed procedures and formalities for some reason or special circumstances, mainly including tax refund by mistake, policy tax refund and other tax refunds.

The basic procedures and provisions of tax refund are as follows: taxpayers apply to the tax authorities for tax refund, and after approval, the tax authorities will handle it according to different situations.

Tax refund (exemption) for export products, referred to as export tax rebate, basically refers to the refund of product tax, value-added tax, business tax and special consumption tax actually paid by export products in the process of domestic production and circulation. The tax refund system for export products is an important part of a country's tax revenue.

Export tax rebate is mainly to balance the tax burden of domestic products by returning the domestic tax paid by export products, so that domestic products can enter the international market at tax-free cost and compete with foreign products under the same conditions, thus enhancing their competitiveness and expanding their export earnings.

1March, 1985, the State Council officially issued the Notice on Approving the Provisions of the Ministry of Finance on the Collection and Refund of Product Tax or Value-added Tax for Import and Export Products, stipulating that the tax refund policy for export products will be implemented from April, 1985. From 1994 65438+ 10 1 With the reform of the national tax system, China has reformed the existing export tax rebate management methods for refunding product tax, value-added tax and consumption tax, and established a tax refund (exemption) system for export goods based on the new value-added tax and consumption tax systems.