The formula is as follows:

Export exchange cost = total cost of export commodities (RMB)/net foreign exchange income from offshore export (USD)

Description:

1. Total cost of export commodities (after tax refund) = purchase price of export commodities (including value-added tax)+fixed expenses-export tax refund income.

2. Fixed cost: the purchase price of export commodities × the fixed cost rate (ranging from 5%- 10%) is determined by foreign trade companies according to the actual experience of different export commodities. Fixed expenses generally include bank interest, salary expenses, post and telecommunications expenses, transportation expenses, storage expenses, dock expenses and other management expenses)

3. Tax refund income = the purchase price of export commodities (including VAT) ÷( 1+ VAT rate) × tax refund rate.

Export profit and loss = (net foreign exchange income of offshore export × foreign exchange purchase price of bank)-total cost of export commodities (after tax refund)

For example:

1000 fitness chairs are exported, and the export price is CIF new york 17.3 USD each, and the total CIF kloc-0/7300 USD, including freight of 2 160 USD and insurance of 012 USD. The purchase price is RMB 1 17 yuan, * * is RMB 1 17 yuan (including value-added tax), the expense quota rate is 10%, and the export tax rebate rate is 9%. At that time, the bank's buying price in dollars was 8.28 yuan.

Exchange fee of fitness chair =11700+(1/7000) ×10%-[117000 ÷ (/kloc

Profit from exporting 1000 fitness chairs = (US$15028× 8.28)-119700 = 4731.84.