China Export Books Tax Refunding Workflows for Book Printers

In China economical system, when book printers run certain book printing companies, they have to hand over some profits to the government. For book printing suppliers, it is named as VAT tax regularly. If book printing companies are able to prepare and submit correct bills of VAT to relevent government department, these book printers can get the taxs handed over refunded back partially.

Normally, book printers or book printing suppliers are sorted General taxpayers and small-scale taxpayers.  

1. small-scale taxpayer identification range
(1) engaged in the production of goods or providing taxable services of the taxpayer, and to engage in the production of goods or providing taxable services and also engaged in wholesale or retail goods, taxpayers with annual taxable sales of 100 million or less; (2) engaged in the wholesale or retail goods, taxpayers with annual taxable sales of 180 million or less. Annual taxable sales of more than the standard small-scale taxpayers, individuals, non-enterprise units, do not often have taxable activities of enterprises, as if small-scale taxpayers pay taxes; (3) from July 1, 1998 onwards, where the annual taxable sales of 180 million the following small-scale commercial enterprises, regardless of the soundness of financial accounting, shall not be confirmed as general taxpayers, small-scale taxpayers shall be in accordance the provisions of VAT. 

Confirmation of small-scale taxpayers, tax law by the competent tax authorities in accordance with the provisions of the standards identified to book printing companies and book printing suppliers. 

2. general taxpayer identification range
(1) engaged in goods production and sales company, with annual taxable sales of more than 1 million, but if some production enterprises have annual taxable sales did not exceed 1 million, but the business accounts of a sound, accurate tax authorities tax return on time , approved by the Inland Revenue can also be confirmed as general taxpayers; (2) engaged in wholesale or retail business to have an annual taxable sales must exceed 1.8 million. 

3. value added tax general taxpayer the basic difference between small-scale taxpayers
(1) value added tax general taxpayer selling goods or providing taxable services to taxable sales based on tax rates (13%, 17%) of added output tax, input tax on the amount obtained from the amount of output tax allowed by law arrived deduction, in accordance with the balance paid after the deductible. In addition to the tax law other than the general taxpayer, eligible for the invoice with the VAT; (2) small-scale taxpayers selling goods or providing taxable services, the levy rate based on taxable sales (4%, 6%) of VAT, and not deductible input tax. Small-scale taxpayers do not have VAT invoices issued qualification, as a result of business needs to be to issue VAT invoices shall be submitted to the competent tax authority (tax) for generation of open invoice