VAT, SCT Refunds and Indirect Taxes
We manage the entire VAT, SCT and special communication tax refund process, from file preparation to collection, and shorten refund times.
Value added tax and special consumption tax significantly affect the financial rights and obligations of the parties to commercial transactions. Where obligations are not met accurately and on time, they can give rise to serious financial burdens and losses.
You can draw on our professional support to exercise VAT and SCT exemption, exclusion, deduction and refund rights in good time. The way to shorten refund periods is to design the documentation regime around the refund file from the very beginning.
Scope of Our Service
- VAT refund certification services and issuing of sworn-in CPA reports
- SCT refund services
- Special communication tax refund certification services
- Indirect tax advisory
- Research into exemption, exclusion, deduction and refund opportunities
- Review of contracts and similar instruments from a stamp duty perspective
- Indirect tax return review services
- Indirect tax planning services and supply chain planning
Frequently Asked Questions
It varies according to the type of refund and the completeness of the file. The process is significantly shorter for refunds made with a sworn-in CPA report; where a deficiency notice is issued, it takes longer.
The principal documents are input lists, sales invoices, customs declarations, the list of deductible VAT and the related accounting records. Additional documents may be requested depending on the type of refund.
For refunds above certain amounts, a refund without collateral is possible with a sworn-in CPA certification report. This is one of the most tangible benefits of the full certification service.
Supplies subject to reduced rates, transactions subject to withholding, deliveries of machinery covered by an investment incentive certificate and various exempt transactions all give rise to a refund entitlement.
No. By preparing a reasoned response to the deficiency notice within the deadline, the refund amount can be preserved. What matters is not missing the period granted.
Contracts are the area where stamp duty is most often overlooked. Incorrect treatment of the number of copies, the maximum amount and exemption provisions leads to subsequent assessments with penalties.