VAT refunds are available when an entity’s input tax claim exceeds the output tax it must pay. The Federal Tax Authority issues VAT refunds and adjusts refundable amounts in successive returns against the VAT payable obligation. However, the entity has the option of claiming the VAT refund by submitting a refund request to FTA or waiting for its adjustment against future VAT payable on subsequent returns.

Experts at Elucidation for Accounting provide VAT refund services at competitive rates, in which we contact the FTA on behalf of the entity and provide the necessary information in accordance with FTA’s refund processing instructions