Export tax refund calculator: trading companies and manufacturers
Trading companies (exempt-and-refund) and manufacturers (exempt-credit-refund)
Example: Business type: Trading company (exempt-and-refund), Refund rate (%): 13, VAT invoice amount, before tax: CNY 100,000.00, Refund due: CNY 13,000.00.
Trading company: refund = the VAT invoice’s amount before tax × refund rate. A manufacturer uses exempt-credit-refund: the refund is the smaller of the period-end credit and the exempt-credit-refund amount, worked out for the whole filing period.
Result
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Refund due
CNY 13,000.00
- Tax basis
- CNY 100,000.00
- Input VAT
- CNY 13,000.00
- Not refunded, added to cost
- CNY 0.00
Verified2026-06-10Export tax refund rate library 2026B · the State Taxation Administration's publication prevailsData sources
This site is not an official channel. It is for reference only; the official publication prevails.
- Row 1Refund CNY 100,000.00 × 13% = CNY 13,000.00; input VAT CNY 100,000.00 × 13% = CNY 13,000.00; to cost CNY 0.00
- TotalRefund CNY 13,000.00; input VAT CNY 13,000.00; to cost CNY 0.00
Formula
Trading company’s refund = the VAT invoice’s amount before tax × refund rate (the invoice’s rate when it is lower)
Tax not exempted or credited = FOB × exchange rate × (VAT rate − refund rate) − offset
Exempt-credit-refund amount = FOB × exchange rate × refund rate − offset
Manufacturer’s refund = the smaller of the period-end credit and the exempt-credit-refund amounteach step to the fen, rounded half up
Not covered
- VAT only, under the rules in force from 1 January 2026 (MOF and STA Announcement No. 11 of 2026).
- Not covered: consumption tax, processing on commission, cross-border services, exports not declared at customs, and adjustments after a processing handbook is closed.
- A one-order estimate gives the exempt-credit-refund amount only: the actual refund depends on the period-end credit.
Worked example
Trading company, two goods on two rows (example data):
| Goods | Invoice total (with VAT) | Amount without VAT | Input VAT | Refund | Not refunded, into cost |
|---|---|---|---|---|---|
| 8506101110 · refund rate 6% | CNY 113,000.00 | CNY 100,000.00 | CNY 13,000.00 | CNY 6,000.00 | CNY 7,000.00 |
| 9401411090 · refund rate 13% | CNY 56,500.00 | CNY 50,000.00 | CNY 6,500.00 | CNY 6,500.00 | CNY 0.00 |
| Total | CNY 169,500.00 | CNY 150,000.00 | CNY 19,500.00 | CNY 12,500.00 | CNY 7,000.00 |
Declared together at two refund rates, the lower 6% may be applied: the refund would be CNY 9,000.00, CNY 3,500.00 less.
Manufacturer, goods 8506101110, conversion rate 7.1000 (example data):
| Item | One-order estimate, FOB USD 20,000.00 | By period, FOB USD 100,000.00 |
|---|---|---|
| FOB in RMB | CNY 142,000.00 | CNY 710,000.00 |
| Tax not exempted or credited | CNY 9,940.00 | CNY 49,700.00 |
| Tax payable for the period | — | CNY −14,300.00(credit carried at period end CNY 14,300.00) |
| Exempt, offset and refund amount | CNY 8,520.00(estimate) | CNY 42,600.00 |
| Refund for the period | — | CNY 14,300.00 |
| Exempted and offset for the period | — | CNY 28,300.00 |
| Credit carried forward | — | CNY 0.00 |
FAQ
What does Export tax refund calculator give for an example?
Example: Business type: Trading company (exempt-and-refund), Refund rate (%): 13, VAT invoice amount, before tax: CNY 100,000.00, Refund due: CNY 13,000.00.
How do refunds differ for trading companies and manufacturers?
A trading company is refunded directly: the amount excl. VAT on its purchase special VAT invoices × the refund rate. A manufacturer works it out for the filing period: input VAT first offsets output VAT on domestic sales, whatever is left becomes the closing input VAT credit, and the refund is the lower of that credit and the exemption-credit-refund amount.
What’s the difference between a per-shipment estimate and a per-period calculation?
A per-shipment estimate looks only at this one export and gives the exemption-credit-refund amount. How much you actually get back depends on this period’s output VAT on domestic sales, input VAT and input VAT credit, so it has to be calculated for the whole period.
Why is part of the VAT not refunded but charged to cost?
When the VAT rate is higher than the refund rate, the difference isn’t refunded, and that part of the input VAT goes into the cost of the exported goods.
Where can I find the refund rate?
The library version and update date we use are shown below the result; “Data source” there says where it comes from.
Not sure of the refund rate? Browse the HS code refund rates by chapter
Related tools
Results are for reference only. The figures confirmed by the tax authorities, banks and carriers prevail.Disclaimer