The process for reclaiming Value Added Tax (VAT) on export operations has been simplified, according to the Business Ombudsman.
Taxpayers will no longer be required to submit customs documents confirming the export of goods to tax authorities.
The information provided electronically by customs authorities will be sufficient to confirm the export.
This new procedure will also apply to VAT refund applications submitted prior to the enforcement of the current decree.
For contracts involving the import of equipment and/or spare parts with a delivery period exceeding 180 days, the contract-specified delivery date will be recognized as the deadline for asset repatriation.
