Can I get a tax refund for goods sold on Amazon?

Can I get a tax refund for goods sold on Amazon?

As the Amazon platform continues to grow, more and more people are starting to open stores here. It is understood that shopping on the Amazon platform involves the issue of tariffs. So, can I get a tax refund for products sold on Amazon? The following is a relevant introduction.

Amazon sellers’ tax refunds are mainly for export taxes, and according to national regulations, tax refunds can only be applied for if the following three conditions are met:

FBA first leg (sea/air/express delivery)

Overseas warehouse delivery (sea/air/express)

International Express Delivery

Export products must also meet the following conditions:

1. The goods must be within the scope of VAT and consumption tax;

2. The goods must be declared for export;

3. The goods must be financially processed for export sales;

4. The goods must have been paid for and written off.

As long as the products in the store meet the above requirements, the seller can prepare the export goods declaration form, tax refund summary application form and other tax refund vouchers as required, and fill in the relevant information in the export tax refund declaration system. After the declaration data passes the preliminary review, the declaration form is printed out, the tax refund voucher is bound and formally declared, and the tax authorities review and approve the tax refund to be handled by the treasury.

If the buyer wants to apply for a tax refund for products purchased on Amazon, the seller must also cooperate in a timely manner. The specific process is as follows:

Buyers must first ensure that their products meet the tax-free conditions, and then they can apply for a tax refund from the seller. After the buyer applies for a tax refund, the seller needs to go to the specific order details and select "Order Refund" - "Tax Refund Only", and then select "Tax-free Buyers" or "Orders from Unincorporated Areas". For "Tax-free Buyers", you need to select the reason for the exemption; for "Orders from Unincorporated Areas", you need to select one or more jurisdictions for the refund; after completing these operations, submit the refund.

If the order is delivered by the Amazon platform and prepaid taxes have been collected before, the system will automatically refund the overpaid taxes within 14 days after the buyer receives the goods. At this time, the seller will not see the "Tax Refund Only" button.

The process of tax refund for Amazon sellers is relatively complicated. It mainly requires that the sellers meet the tax refund conditions, the products meet the tax refund conditions, and the sellers prepare the corresponding materials before they can apply. Although it is troublesome, if the tax refund is successful, it can save a lot of money, so that the sellers can have more turnover funds to invest in store operations.

Regarding the question raised at the beginning, I have already given you a relevant introduction in the above content. If you shop on Amazon and meet the conditions, you can apply for a refund of the tariffs. I hope the above content can solve your problem.

Recommended reading:

How much is the Amazon sales commission? How to get more commission?

Does Amazon's new product support period start from the time it is launched?

How to check the sales volume of Amazon store? What are the methods?

<<:  How does an Amazon store operate? Things to note when operating on Amazon

>>:  How many products can be placed in one Amazon store? What are the rules?

Recommend

Will there be any connection if a Shopify store is frozen? How to prevent it?

Shopify is also a cross-border e-commerce store. I...

Why are people less and less interested in scanning codes?

Starting from the current situation that "peo...

Cross-border e-commerce reaches a "new starting point"

As global e-commerce competition becomes increasin...

How to cancel Shopee? Can Shopee account be cancelled?

The profits of cross-border e-commerce are indeed ...

My 23 favorite quotes of 2023

The countdown to 2023 has begun. Looking back on t...

How to run Amazon video ads? Are video ads effective?

Placing video ads on the Amazon platform is an imp...

What data analysis methods will you use?

Introduction: The main content of this article is ...

What does an Amazon self-delivery job do? How to increase sales?

In fact, the number of sellers opening stores on A...

Does Amazon charge advertising fees for coupons? How to set up coupons?

In fact, whether you are an old seller who has ope...

What to do if Shopee e-commerce fails the first trial? Solutions

Amazon has great competition, so many merchants wi...

Alipay's "effective self-rescue" starts with "one tap"?

This article deeply analyzes the logic behind Alip...

Can Shopify use its own domain name? How to buy a domain name?

After building a Shopify website, sellers need to ...

Brands need to learn psychological compensation

This article uses compensation psychology as a sta...