In order to return the amount of VAT from the budget, it is necessary to have grounds, which are the data from the declaration submitted in the reporting period. Very often, taxpayers are faced with the refusal of tax inspectorates to refund VAT, therefore, citizens organizations need not only to pay special attention to the execution of documents, but also to monitor almost every stage of transactions with them.
Instructions
Step 1
First, report to the appropriate tax authority. In this case, the declaration must show the amount to be reimbursed from the budget. In the event that there are no tax debts, write an application for a VAT refund, in which indicate one of the refund options that is right for you.
Step 2
After that, the tax authority appoints a desk audit, during which evidence of your right to reimbursement of the specified VAT amounts from budget funds is revealed. Employees of the Inspectorate of the Federal Tax Service within seven days from the date of submission of documents are required to make an appropriate decision, which will indicate either a full refund, a refusal, or a partial refund from the VAT budget.
Step 3
If your organization has arrears, fines or penalties, the amounts of VAT that are payable are sent without prior notice for their repayment.
Step 4
After making the appropriate decision, the inspectorate will send all documents to the territorial treasury body. Once received, all VAT amounts indicated must be refunded within five days. At the same time, the body of the Federal Treasury informs the Federal Tax Service Inspectorate of the date and amount of the refund. In turn, the tax office notifies you of the actions taken.
Step 5
If you have not received such a notification within twelve days, then interest is charged on the indicated amount of VAT, which is also subsequently paid by the Treasury according to the considered scheme.
Step 6
It is very important, before applying for a refund from the VAT budget, to make a reconciliation with counterparties and check all invoices for the accuracy of their filling. Otherwise, the tax authority, having found any error, may refuse to reimburse you from the VAT budget. And one more important remark. If, in the course of the audit, violations were nevertheless revealed, then the official of the tax authority writes an act on the conducted audit. You have the right to object to it if you do not agree with the results.
