FROM JUNE 02, TO PUBLISH THE TAX REFUND TO TAXPAYERS
This is the content prescribed at the Circular No. 31/2017/TT-BTC on mending and supplementing a number of articles of the Ministry of Finance’s Circular No. 99/2016/TT-BTC of June 29, 2016, guiding the management of value-added tax refund, takes effect on June 02, 2017.
In particular, beside some other regulations on time of receiving tax refund dossiers; time of receiving written explanations or additional information and documents from taxpayers; time of issuing tax offices’ notices and decisions on settlement of tax refund requests; from June 02, 2017, the Tax offices shall publish on the General Department of Taxation’s e-portal information on time of the State Treasury’s payment of tax refund to taxpayers.
Another important content is the regulations on shortening the time of tax refund. Refund tax to the taxpayer within 1 (one) working day after receiving the order of state budget revenue refund/order of state budget revenue refund and clearing from the tax office, within that, the maximum time for tax refund is 03 working days in previous regulations.
