VAT refund receivable arising from the deliveries of prefabricated buildings and containers subject to discounted rates can be refunded in cash within the year.
The “Communiqué Amending the Value Added Tax General Implementation Communiqué” prepared by the Ministry of Treasury and Finance Revenue Administration was published in the Official Gazette and entered into force.
Accordingly, the VAT refund receivable arising from the deliveries of prefabricated structures and containers subject to reduced rates can be refunded within the year and in cash.
In addition, within the scope of the arrangements made regarding the fulfillment of VAT refund requests during the force majeure period announced due to the earthquake disaster that occurred in Kahramanmaras on February 6, the obligations of those who have taxpayers (including sub-taxpayers) in the provinces where force majeure was declared due to the earthquake disaster have been postponed, in the control report produced as a result of the inquiry made by the VATIRA system regarding the refund requests, an arrangement was made to ensure that the portion of the negativities, which were determined to be due to the taxpayers not submitting a VAT declaration due to force majeure and/or not making a Ba-Bs notification, can be refunded in cash or by deduction if the guarantee is given.
Regarding VAT refund requests of taxpayers who are considered to be in force majeure (including refunds within the scope of ATU) the period determined in the VAT General Implementation Communiqué for the submission of sworn financial consultancy (YMM) reports will not run for the part of the force majeure declared period, and the remaining periods will continue to run from the date the force majeure situation ends. The same application will be valid for the time given in the letters sent by the tax offices regarding the VAT refund requests of the taxpayers within the scope of force majeure to complete the deficiencies.
On the other hand, the General Communiqué on Collection of the Ministry was published in the Official Gazette and entered into force.
Source: Trthaber / Prepared by Irem Yildiz