- Without distinction by sector, manufacturers who directly export the goods they produce can request a refund of up to 10% of the export value, limited to the amount of VAT carried forward, regardless of the amount of VAT they have incurred in relation to their export deliveries.
- This application is optional, and manufacturers defined in the relevant section (II/A-8.3.) of the VAT General Application Circular may benefit from it.
- Manufacturers declare their transactions covered by this application using the “Manufacturers’ Goods Exports” line with code 338 “Manufacturers’ Goods Exports” [KDVGUT-(II/A-1.1.4.2.)]” . In the “VAT Incurred” column of this row, the amount of VAT subject to refund is entered, without calculating the VAT incurred on the exported goods, provided that it does not exceed 10% of the export value.
Exceptions
List of VAT to be deducted for the last 24 periods prior to the period in which the export is declared (It is sufficient to submit the list of VAT to be deducted covering the same periods once. If VAT payable is declared in any of the previous periods, it is sufficient to submit the VAT Deduction List for the periods following the period in which VAT payable is declared).
Set-off Refund:
It is carried out without regard to the VAT refund amount and without requiring a Tax Audit Report, YMM Report, or collateral.
Cash Refund:
For amounts up to 100,000.00 ₺, the YMM VAT Refund Certification Agreement is sufficient. For amounts exceeding 100,000.00 ₺, refund requests are fulfilled with the YMM Full Certification Agreement Signed on Time and the VAT Refund Agreement.
Note:
- All VAT Refund Claims Any type of refund arising from VAT must be claimed by the end of the second year following the refund claim period.
- For example, if a taxpayer’s VAT refund is calculated in the January 2024 period and their VAT refund is also calculated in the July 2024 period, the final application date is December 31, 2026, which is valid for both periods.
- Consequently, the final application date for taxpayers with a VAT refund related to the 2023 accounting period is December 31, 2025.
- Applications made after these dates are RED and transferred to the treasury.
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