General Department of Taxation "urges" progress in resolving value added tax refunds

The General Department of Taxation has just issued Document No. 2489/TCT-VP to the Directors of the Tax Departments of provinces and centrally-run cities requesting to speed up the processing of value-added tax (VAT) refund dossiers within the scope of management.

Previously, on May 26, the General Department of Taxation issued Official Dispatch No. 2099/TCT-KK on implementing the direction of the Prime Minister and the Ministry of Finance on VAT refund.

As of June 16, tax authorities at all levels have issued 7,893 tax refund decisions with VAT refunded, reaching 30% of the 2023 estimate, equal to 88% compared to the same period in 2022. According to the General Department of Taxation, the progress of tax refund settlement is still slow and lower than the same period in 2022.

To ensure the quick and timely settlement of tax refund dossiers for businesses, creating conditions for businesses to have financial resources to serve production and business development; at the same time, striving to ensure that by June 30, 2023, the VAT refund amount is at least equal to the same period in 2022, the General Department of Taxation requests the Directors of the Tax Departments of provinces and centrally-run cities to focus on directing the implementation of a number of issues.

Specifically, speed up the processing and settlement of VAT refund dossiers for taxpayers, and at the same time, organize supervision of the processing of dossiers to fully and strictly implement the steps for tax refund settlement in accordance with the regulations in the Tax Refund Procedure issued with Decision No. 679 dated May 31 of the General Department of Taxation.

In addition, for VAT refund applications that meet the conditions for refund, promptly issue a VAT refund decision to the enterprise, ensuring compliance with the prescribed deadline. For VAT refund applications that do not meet the conditions for refund or are not eligible for refund, the Tax Department shall issue a written notice in response to the enterprise that the refund is not eligible according to Form No. 04/TB-HT issued with Circular No. 80/2021/TT-BTC dated September 29, 2021 of the Ministry of Finance.

The above requirements are not only to ensure the quick and timely settlement of tax refund dossiers for businesses, but also to create conditions for businesses to have financial resources to serve production and business development; at the same time, strive to ensure that by June 30, the VAT refund amount is at least equal to the same period in 2022.

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