- Taxpayer can return the overpaid amount of VAT to the electronic account if it was credited to the budget from the electronic account
- Conditions for returning incorrectly and/or overpaid monetary obligations and penalties are defined in Article 43 of the Tax Code of Ukraine
- Amounts of monetary obligations and penalties cannot be returned to taxpayers subject to special economic and other restrictive measures
- Taxpayer must submit a request for the return of overpaid amounts within 1095 days of the occurrence of the overpayment
- Overpaid VAT amounts must be returned to the taxpayer’s electronic account or current bank account if the electronic account is not available
- Functioning principles of the electronic VAT administration system are defined in Article 200-1 of the Tax Code of Ukraine
- Funds, including overpaid VAT amounts, can be credited to the electronic account from the budget
- Taxpayer can return the overpaid amount of VAT to the electronic account if it was credited to the budget from the electronic account.
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
