The Zhongshan Taxation Bureau has actively implemented a series of export drawback policies to facilitate the export of products "made in China". Data shows that from January to May this year, Zhongshan's export tax rebates reached 7.514 billion yuan, up 49.06% and benefiting 11,000 export enterprises.
Tax authorities can stimulate the spending of export enterprises with direct tax rebates. At the same time, they continue to further reduce the administrative costs for export enterprises by streamlining processing procedures and shortening required export drawback declaration, approval, and withdrawal times.
"As a financial worker, I can tell that the export drawback processing is becoming increasingly efficient." The financial manager of Zhongshan Guangqin Trade Co Ltd in Xiaolan said that from January to May, the export drawback fund of the company exceeded 120 million yuan, and its daily business has seen continuous improvement and expansion with the tax rebates.
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