A VAT refund is a request filed by the taxpayer to the commissioner general with the intention of receiving reimbursement for excess VAT paid within a specific time period when input VAT exceeds output VAT. For that case, whatever the VAT you have paid in excess you are entitled to apply for VAT refund as stipulated into the VAT Act, Cap 148 (R.E 2023). During the financial crisis, the VAT refund will support you in funding your business operations.
Section 86 (2) of Value Added Tax, Cap 148 (R.E 2023) A requires the taxpayer either to apply to the Commissioner General for VAT refund or choose to carry the amount forward. A taxable person who has paid more than the net amount for a tax period may apply for a refund provided that the application is made within 3 years after overpayment.
Recently, the certificate of genuiness is issued by an auditor who has been registered by National Board of Accountants and Auditors and who is registered as a tax consultant by TRA as well through (IDRAS).
The Finance Act, 2026 proposed for VAT refund payments to be made within 30 days from the date of submission of the refund applications. Thus, the VAT Act requires the Commissioner General make a decision on VAT refund within 30 days of receipt of an application.
Do you have a registered tax consultant to guide you how to apply your VAT refund? Getting started is easy, send the message “VAT” to WhatsApp No: 0752 187 434 or email: [email protected]
Section 86 (2) of Value Added Tax, Cap 148 (R.E 2023) A requires the taxpayer either to apply to the Commissioner General for VAT refund or choose to carry the amount forward. A taxable person who has paid more than the net amount for a tax period may apply for a refund provided that the application is made within 3 years after overpayment.
Recently, the certificate of genuiness is issued by an auditor who has been registered by National Board of Accountants and Auditors and who is registered as a tax consultant by TRA as well through (IDRAS).
The Finance Act, 2026 proposed for VAT refund payments to be made within 30 days from the date of submission of the refund applications. Thus, the VAT Act requires the Commissioner General make a decision on VAT refund within 30 days of receipt of an application.
Do you have a registered tax consultant to guide you how to apply your VAT refund? Getting started is easy, send the message “VAT” to WhatsApp No: 0752 187 434 or email: [email protected]