(i) To export them itself, directly to an overseas customer for a price of RMB 400,000; or (ii) To sell the garments to a Chinese trading company for a price of RMB 360,000 and the trading company will then export the garments to the overseas customer at a price of RMB 400,000. ...
(ii) To sell the garments to a Chinese trading company for a price of RMB 360,000 and the trading company will then export the garments to the overseas customer at a price of RMB 400,000. The VAT refund rate for garments is 16%. Required: (i) Calculate the export value added tax (...