Which exporters are not subject to tax exemption?

Which exporters are not subject to tax exemption?
  • 2021-04-21
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President of the Export Confederation of Iran: Exporters who have not fulfilled their foreign exchange obligation in 1397 will not be subject to tax exemption.

According to the International Iranian Stone Exhibition, Mohammad Lahouti said about the method of fulfilling the foreign exchange liability of exporters in the years 1397 to this year: A limited number of representatives and activists in the field of exports in the Foreign Exchange Committee, who came together at the initiative of the Iranian Chamber of Commerce, tried to gather the opinions of the private sector by reviewing the procedures and communiqués and presented them to policy makers.

He added: "According to this, the members of the Foreign Exchange Committee of the Chamber held several meetings with the President and had several correspondences with the First Vice President and the Governor of the Central Bank; In parallel, we provided proposals in person and in correspondence to the responsible authorities; But some of the proposals were accepted and others were rejected, so that the directives were revoked and replaced by another directive, which confused the exporters.

According to the head of the Exporters Confederation of Iran, finally the proposals presented in the correspondence of the top officials of the country, in the package of foreign exchange commitment from 1397 to this year, which was delayed by 2.5 to 3 years, and this is due to The non-implementation of the directives led to the misuse of business cards.

He added: "In the meantime, 250 exporters issued goods by abusing business cards, and through them, accusations were leveled against all exporters in the country, but with continuous follow-up by the Chamber's Foreign Exchange Committee and the Trade Development Organization, this circular was issued." Has been; In a way, this recent directive has been issued following the announcement of 177 Vice Presidents of Economy, which has created a spark of hope in the hearts of exporters; Although the spirit of that communiqué was import-oriented; But since foreign exchange resources had to come from export currency, it was a double-edged sword for exporters and importers.

According to Lahouti, the issue of relieving the foreign exchange obligation of exporters who were not able to fulfill the foreign exchange obligation in due time and now another opportunity has been given to these people until June 20 of this year to release the commitment of Rial sellers from April 12, 2016 to August 7 1397 were to take action and fulfill the foreign exchange obligation by June 20 of this year.

He stated: "People who exported in 1397 and are facing problems, according to this instruction must submit their documents along with the request to the Foreign Exchange Action Committee based in the Trade Development Organization and with the request given there, permission from the committee The issued foreign exchange action will be fulfilled by July 22 of this year.

Lahouti said: "In this section, it seems that the problem of exporters in 1397 will be solved to some extent, and of course it should be noted that there were exporters who fulfilled up to 80% of the foreign exchange obligation and due to some problems could not fulfill the obligation." Currency exchange.

He added: "These approvals are only to meet the foreign exchange obligation and are not subject to VAT refund of exporters; Because there must be a difference between those who returned the currency to the country on time and those who brought the currency late, and that is not using the tax exemption, and this only means the fulfillment of the currency obligation.

Lahouti continued: "Failure to return the export currency is a violation and the offender will be deprived of export incentives, tax exemptions, bank facilities and business card renewals."

He added: "In the case of 1398 and last year, which of course has set the task for this year, has explained the issue in two parts, so that due to the costs imposed on exporters due to sanctions or basic export prices, the committee The foreign exchange measure proposed a 20 percent adjustment in the return of export currency, which the government agreed to 10 percent.

According to Lahouti, exporters can fulfill their foreign exchange obligation by returning 90% of the export currency of their declaration; While this rule is valid for the years 98, 99 and 1400; In addition, the methods of returning the currency in 5 ways have been approved.

The head of the Commission for Trade Facilitation and Export Development said: "For countries that trade in Rials or Iraq and Afghanistan, which do not have an extensive exchange network, the sale of currency in the form of banknotes to the exchange has been approved."

He added: "Assignment of cottages for import, if approved by the Foreign Exchange Action Committee, can be used only for certain goods, but in 1998 to 1400 export currency must be allocated to the list of 1000 items of the Ministry of Industry to be imported; Of course, the list can be changed, increased or decreased, and the Foreign Exchange Action Committee has the authority to modify these goods according to the organizations and the proposals of the organizations.

According to Lahouti, these 5 methods will be important and will solve the problems of handing over export and import cottages in his own name as much as possible; In addition, supply in Nima is not limited to the rate offered by the exporter, and foreign exchange can also be offered in Nima.

He added: in the case of cocooners and border residents, up to the limit set by the Ministry of Silence, the currency will be forgiven, and at the same time, the rest above that limit will be subject to the fulfillment of the currency obligation.

According to Lahouti, exporters of technical and engineering services will be required to return 10% of the total contract amount based on the status approved by the employer.

Chairman of the Confederation of Iran, goods that are exported abroad as samples and tests or are taken out of the country to attend exhibitions, are not subject to foreign exchange obligations, and of course all export goods must be exported to the country within 4 months. Returns and returns above this deadline must be approved by the Ministry of Silence.

He added: "All the proposals that were raised by the chambers from the beginning of the issues of foreign exchange contracting have been accepted in this communiqué, and we will be subject to this circular for 1400, and practically like 99 and 98, problems of not knowing how to fulfill foreign exchange obligation for the year." It is not 1400.

Lahouti continued: tax exemptions for exporters in 1997 are not applicable, but if exporters in 1998 to July 31 to meet the foreign exchange obligation will enjoy tax exemptions; In addition, the exporters of 1999 have the opportunity to fulfill their foreign exchange obligation until September 1400 and will enjoy tax exemption and return of export currency.