单选题

Tee Ltd is an export trading company. It purchased toys in December 2017 for RMB500,000, excluding value added tax (VAT). The VAT special invoice shows input VAT of RMB85,000. In January 2018, it exported 50% of the toys for RMB320,000. The export VAT refund rate for toys is 15%.

What is the export value added tax (VAT) refund due to Tee Ltd?

A、 RMB37,500
B、 RMB78,600
C、 RMB36,100
D、 RMB12,750

【正确答案】 A

【答案解析】

RMB37,500 (85,000 x 50% x 15% ÷ 17%)