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VAT Refund Process in Tanzania by MICHAEL MBILINYI is a document available to read on EtoBox.

A VAT refund is money paid back to a trader when their tax liabilities are not used up by allowable deductions, resulting in excess credits. To apply for a refund, a taxable person submits form VAT ITX260.02E along with a certificate of genuineness from a registered auditor and tax consultant, and a computation of the refund amount. The Commissioner General makes a decision on the refund application within 90 days and informs the applicant of the amount and payment period. A VAT refund can be offset against

Author

MICHAEL MBILINYI

Language

EN