Time limit for tax refund for taxpayers when there is an order to refund state budget revenues in Vietnam

Time limit for tax refund to the taxpayer when the refund order is issued

Pursuant to Clause 2 Article 37 of Circular No. 80/2021/TT-BTC on guidelines for the Law on Tax administration and Decree No. 126/2020/ND-CP on guidelines for the Law on Tax administration issued by the Minister of Finance if the State Treasury considers tax refund to the taxpayer within 01 working day from the receipt of the order for refund of government revenues or the order for refund and deduction sent by the tax authority.

Tax refund in Vietnam

Issuing order to refund amounts payable to government budget or order to refund and deduction

Pursuant to Clause 1 Article 37 of Circular No. 80/2021/TT-BTC on guidelines for the Law on Tax administration and Decree No. 126/2020/ND-CP on guidelines for the Law on Tax administration issued by the Minister of Finance:

(1) The tax authority shall issue a decision on tax refund or decision on tax refund and deduction, or a decision on payment to the bank that is the VAT refund agent, make a refund order for government budget revenues or a refund offset order for government budget revenues as prescribed in law on accounting and government budget activities.

Right after the order to refund amounts payable to government budget or the order to refund and deduction is issued, the tax authority shall send the order to refund amounts payable to government budget or the order to refund and deduction to State Treasury electronically.

If the foreign transport company or its agent does not provide documents about payment of tax on behalf of the foreign transport company or its agent, the documents about payment of tax on behalf of the foreign transport company or the agent shall be sent to the supervisory tax authority within 01 working day from the day on which the application is received.

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