VAT Refund Services Turkey

As OzbekCPA, as in all service lines that we have a tendency to perform, additionally in VAT Refund Services Turkey Certification line our specialists have deep information and intensive expertise.

The VAT Refund Services Turkey  group offers services to assist our clients with their VAT refund application. it’s composed of well knowledgeable about Sworn monetary Advisors and specialists who keep an in depth watch on the procedures envisaged and therefore the perspective adopted by the tax authorities. This dedicated group works solely on VAT refund projects.

VAT Refund

VAT Refund Certification Services

Basically VAT refund services consists of; just in case the input VAT quantity that is calculated on purchase invoices and similar documents and is paid by tax payers, who have transactions subject to exemption, is quite output VAT quantity that is calculated on the transactions subject to VAT, refunding the VAT, that is procured the transactions subject to exemption, in money or by countervailing mechanism in keeping with the principles determined by Ministry of Finance.

VAT refund certification services that are to be administrated in accordance with Law No. 3568, typically comprise the following;

Checking the accuracy of the refundable VAT quantity supported the statutory records and relevant legislation.
Preparations of the VAT refund certification report back to be submitted to the relevant tax workplace.
The scope of VAT refund certification services includes the followings;

Determination of legal framework of the VAT refund relating to the sales transactions,
When necessary, inform references relating to connected tax laws at the VAT refund stage,
Performing cross investigations for the provider companies of the relevant company,
Preparation of VAT refund certification report,
Making necessary correspondence with the tax workplace relating to VAT Refund Tax Certification Report,
Checking the accuracy of VAT correction returns whereas refunding incurred VAT.

VAT Refund Consulting Services

Analyses of the transactions that offer VAT refund right and improvement of VAT refund standing,
Consulting on VAT refund legislation.
Documentation/ Preparation Services
Preparation of the lists/templates and alternative documentation that are needed for VAT refund Tax workplace application (input VAT, incurred VAT lists etc.) supported the legislation,
Review of the legal document and calculations to be finished reference to refundable VAT (VAT on COGS/COS and General Expenses),
Uploading needed lists via net Tax workplace,
Receiving the VAT refund missing purpose report and alternative tax workplace written requests from Tax workplace, determinative needed data/documentation, organizing and getting it, getting ready the answers in accordance with legislation, creating the specified corrections within the lists and uploading the revised lists via net Tax workplace, submitting to answers to Tax workplace,
Managing all the relations with The Tax Authority.
Visiting the Tax workplace with consumer and consult with the authorities, to produce completion of the VAT refund files.

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