Shopping at Hubin Yintai in77 can enjoy a tax refund now

Approved by the Ministry of Finance, the State Administration of Taxation, and the General Administration of Customs, starting from December 1st, Zhejiang Province will implement the policy of tax refund for overseas tourists leaving the country for shopping. 27 commercial enterprises, including Hangzhou Hubin Yintai in77, have been granted eligibility for tax refund for leaving the country.

This morning, the licensing ceremony for the Hangzhou Departure Tax Refund Store was held in the courtyard of Yintai in77A District, Hubin. Hu Wei, the Deputy Mayor of Hangzhou, attended the event and delivered a speech. Chen Zhi, the Deputy Director of Hangzhou Commerce Bureau, presided over the event. Relevant government departments and responsible persons for the Departure Tax Refund Store attended the licensing ceremony.

The outbound tax refund policy for overseas tourists refers to the policy of refunding value-added tax on the tax refund items purchased by them at the tax refund store when they leave the country at the port of departure. According to this departure tax refund policy, foreign tourists applying for tax refunds should meet the following conditions simultaneously: the amount of tax refund items purchased by the same foreign tourist on the same day at the same tax refund store should reach 500 RMB; The tax refund items have not been used or consumed yet; The departure date shall not exceed 90 days from the purchase date of the tax refund items; The purchased tax refund items shall be carried or checked out by overseas passengers themselves. The tax refund rate for tax refund items is 11%.

The relevant person in charge of Hangzhou Municipal Bureau of Commerce stated that the implementation of the departure tax rebate policy is conducive to promoting and expanding consumer demand, enhancing the competitiveness of Hangzhou city, and gradually improving the internationalization level and comprehensive influence of Hangzhou city.

Hangzhou Hubin Yintai in77 is located in the busiest commercial and tourism leisure area of Hangzhou, and is the only multi-functional composite urban complex on the West Lake waterfront. Hermes, LV, GUCCI, and more than 20 international cosmetics stores of in77 have all become the first batch of tax refund merchants in Zhejiang. In the future, we will work together to help more brands join this team, provide better products and services, and further stimulate domestic demand to attract customers.

Hangzhou Hubin Yintai in77 is the shopping center with the most tax refund merchants among the commercial entities awarded this time.

Currently, within the scope of Hubin Intime in77, there are numerous global luxury flagship stores, as well as the largest Apple retail flagship store in Asia, LEGO Asia's fourth flagship store, Balenciaga's largest national store, Zhejiang's first offline store, Adidas City Brand Center and other flagship stores, becoming a gathering place for many local brand flagship stores and first stores, leading the development direction of Hubin Commercial Pedestrian Street and Hangzhou's physical commerce.

  The licensing ceremony has just ended, and in77 has generated the first departure refund business in Zhejiang Province. Ms. Manji from Denmark expressed high satisfaction with the departure tax refund policy and the services provided by in77.