Regarding the implementation of value-added tax (“VAT”) refunds and addressing cases arising during the refund process, on 08 January 2025, the General Department of Taxation issued Official Letter No. 99/TCT-CS to response and guide the Tax Department of Lang Son Province as follows:
Based on the regulations and guidances on VAT and VAT refund, in case where the Tax Department has refunded VAT for exported goods and services without having payment documents via non-cash methods, the Tax Department shall recover the refunded VAT that lacks non-cash payment documents in accordance with the provisions of the VAT Law and tax administration regulations.
Accordingly, enterprises generating exported revenue but lacking bank payment documents must prepare a dossier demonstrating that the payment deadline has not yet arrived. Even after the tax refund decision being issued, enterprises are required to continue monitoring and collecting complete, valid bank payment documents to submit to the tax authorities upon request and to avoid the recovery of refunded VAT amounts.
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