- The registration amount for VAT registration does not increase for the excess amount of VAT returned to the taxpayer’s electronic account.
- Excess amounts of VAT returned to the electronic account do not change the total replenishment amount in the taxpayer’s current account in the electronic administration system (SПопРах).
- If the taxpayer decides to return the funds from the electronic account to a bank/non-bank payment service provider, the value of SПопРах is reduced by the amount of VAT that is to be transferred from the electronic account to the bank/non-bank payment service provider’s account.
- According to the Tax Code of Ukraine, mistakenly or excessively paid amounts of tax obligations are subject to refund to the taxpayer, except in cases where the taxpayer has tax debt.
- To make a refund of the excess paid amounts and penalties, the taxpayer must submit a request within 1095 days from the date of the erroneous or excessive payment.
- Refunds of excess VAT paid to the budget from the taxpayer’s account in the electronic administration system are made exclusively to the taxpayer’s account in the electronic administration system or to the taxpayer’s account in a bank/non-bank payment service provider.
- Refunds of VAT amounts controlled by the supervisory authority for imported goods are made based on the amount calculated at the time of customs declaration/correction sheet.
- The total replenishment amount in the taxpayer’s account in the electronic administration system (SПопРах) is not changed by the excess amounts of VAT returned to the electronic account.
- If the taxpayer decides to return the funds from the electronic account to a bank/non-bank payment service provider, the value of SПопРах is reduced by the amount of VAT that is to be transferred from the electronic account to the bank/non-bank payment service provider’s 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.
