- New rules for VAT refund application came into effect on April 1, 2024
- Decision on VAT refund cannot be cancelled if the amount refunded matches or is less than the amount claimed in the revised tax declaration
- If the refunded amount exceeds the revised declaration, the decision cannot be cancelled for the VAT claimed, but excess amount must be returned with interest
- The new rules do not apply if previously submitted bank guarantee or surety agreement do not meet tax legislation requirements
- In such cases, the decision on refund cancellation will be made, and interest will be automatically charged on the excess amount refunded in the application
- Tags: taxes, fees, contributions, tax responsibility, tax control, VAT, practical situations, current situation, legal entities, FNS Russia
Source: garant.ru
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.
