Piloting VAT refund by electronic method

(Baonghean.vn) - On December 27, 2016, the Ministry of Finance issued Decision No. 2790/QD-BTC on piloting the reception of dossiers and returning of value-added tax (VAT) refund settlement results electronically.

The Tax Department coordinates with banks in tax refunds and electronic tax payments.

The pilot program of receiving dossiers and returning results of value added tax (VAT) refund settlement applies to the following cases: Taxpayers requesting export refunds and investment project refunds that meet the correct and sufficient conditions for VAT refunds; have registered and been approved by the Tax authority for electronic transactions.

Taxpayers access the General Department of Taxation's Electronic Information Portal to create a Request for Refund of State Budget Revenue (Form No. 01/DNHT issued with Circular No. 156/2013/TT-BTC). Taxpayers must fully enter basic information to create a Request for Refund of State Budget Revenue as follows:

Taxpayers enter the correct and complete tax code. The General Department of Taxation's electronic information portal automatically displays the following information: Name, head office address, and email address of the taxpayer that the taxpayer has registered with the tax authority. Taxpayers select the tax refund request period (from period... to period...).

If the taxpayer declares VAT monthly: select from mm/yyyy to mm/yyyy.

If the taxpayer declares quarterly VAT: select from Qx/yyyy to Qx/yyyy.

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