Official Letter No. 428/TCT-KK 2025 on determining the VAT input refund period for exported goods and services

MINISTRY OF FINANCE GENERAL DEPARTMENT OF TAXATION _______ No.: 428/TCT-KK Regarding the determination of the VAT input refund period for exported goods and services

SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness _______________________ Hanoi, January 24, 2025

 

 

To: The Tax Department of Thai Binh Province.

The General Department of Taxation has received Official Letter No. 4847/CTTBI-TTKT2 dated August 30, 2024, from the Tax Department of Thai Binh Province regarding the issue of determining the VAT refund period for input VAT on exported goods and services. Regarding this matter, the General Department of Taxation provides the following opinions:

Pursuant to Clause 3, Article 1 of Law No. 106/2016/QH13 dated April 6, 2016, by the National Assembly, amending and supplementing several articles of the VAT Law, the Special Consumption Tax Law, and the Tax Administration Law;

Pursuant to Clause 2, Article 1 of Decree No. 146/2017/NĐ-CP dated December 15, 2017, by the Government, amending and supplementing Clause 3, Article 10 of Decree No. 209/2013/TT-BTC regarding VAT refund for exported goods and services;

Pursuant to Article 2 of Circular No. 25/2018/TT-BTC dated March 16, 2018, by the Ministry of Finance, amending and supplementing Clause 4, Article 18 of Circular No. 219/2013/TT-BTC, which provides guidance on VAT refund for exported goods and services.

Based on the above provisions and guidance:

In the case of MXP Co., Ltd, which is a business entity engaged in both exported goods/services and domestic sales, the company must separately account for the input VAT used for the production and business activities related to exported goods and services. If separate accounting is not possible, the input VAT for exported goods and services will be determined based on the ratio of the revenue from exported goods and services to the total revenue from all goods and services during the VAT reporting periods from the tax return period immediately following the previous refund period to the current VAT refund application period.

The General Department of Taxation requests the Tax Department of Thai Binh Province to follow the regulations and provide guidance to taxpayers as per their authority.

The General Department of Taxation issues this response for the Tax Department of Thai Binh Province to be aware of and implement accordingly.

 

Recipient: As above; Deputy Director Mai Son (for report); Department of Tax Policy and Administration (TCT); TCT Website; Archives: VT, KK.

ON BEHALF OF THE GENERAL DIRECTOR DIRECTOR OF TAX DECLARATION AND ACCOUNTING DEPARTMENT       Le Thi Duyen Hai

See details here.