VAT refund control and required documents for companies – Economy

The Ministry of Finance has determined control measures for the refund of VAT paid or collected on exported goods and services, and the tax authorities have implemented VAT refund procedures for enterprises through officially announced procedures to encourage investment and remove obstacles to the tax community.

VAT refund control

IRS Through its official electronic platform seminar, the control, process and required documents of VAT refund were explained as follows:

– Declaration containing all necessary data regarding export certificate, Form 13, customs.

– A foreign sales invoice approved by the customs and accompanied by a statement. If it is an electronic invoice, no copy of the invoice is attached, only the statement.

– Original tax invoice from local purchase, with declaration attached.

– Declaration containing all the data contained in the customs formalities certificate and payment receipt.

– Submit a production equation file and attach supporting documents for response VAT.

– If the response occurs before the end of the financial year and before the annual stock take, an inventory statement should be provided.

– Attach approved financial statements.

– Original chemical laboratory analysis sheet.

– Declaration of the mixing ratio of smoke additives approved by customs.

– Exemption of the quantity of tobacco sales, indicating the number of the exempted customs certificate and tax payment certificate, and certified by the bank’s valid signature.

– Submit an accurate copy of the Inspection Certificate issued and approved by the Administration of Stamps and Weights showing the quantity and carats of the gold jewellery to be exported.