THE PROCEDURE AND FEATURES OF VAT REFUND IN THE ORGANIZATION OF EXPORT ACTIVITIES
Rubrics: СOMMON QUESTIONS
Authors:
1.
Tula Branch of the Financial University under the Government of the Russian Federation
(Department “Economics and Management”, Associate Professor)
Russian Federation
Russian Federation
2.
Leo Tolstoy Tula State Pedagogical University
(Department “Economics and Management”, Associate Professor)
Russian Federation
Russian Federation
3.
Tula Branch of the Financial University under the Government of the Russian Federation
(Profile “Accounting, Analysis and Audit”)
student
Russian Federation
student
Russian Federation
Type:
Article
Pages:
from 40
to 43
Status:
Published
Received:
10.06.2019
Accepted:
03.07.2019
Published:
03.07.2019
Subject area:
UDK 33 Экономика. Экономические науки
Language:
Russian, English
Keywords:
foreign trade, export, export relations, VAT refund, bank guarantee
Abstract (English):
The article analyzes the options for returning VAT from the budget when an economic entity performs export activities. Based on the analysis, the option of returning the amount of VAT in an accelerated mode is proposed. The necessary list of documents and ways to get a bank guarantee is established. Procedures with a description of the timing of receipt of a bank guarantee, as well as the reimbursement of VAT from the budget using a bank guarantee, have been derived and presented. The main provisions, methods and conclusions can be used by organizations engaged in foreign trade activities.
The article analyzes the options for returning VAT from the budget when an economic entity performs export activities. Based on the analysis, the option of returning the amount of VAT in an accelerated mode is proposed. The necessary list of documents and ways to get a bank guarantee is established. Procedures with a description of the timing of receipt of a bank guarantee, as well as the reimbursement of VAT from the budget using a bank guarantee, have been derived and presented. The main provisions, methods and conclusions can be used by organizations engaged in foreign trade activities.
Keywords:
foreign trade, export, export relations, VAT refund, bank guarantee
foreign trade, export, export relations, VAT refund, bank guarantee
1. Tax Code of the Russian Federation. Part 2 [Electronic resource]: Feder. Law of August 5, 2000 N 117-FZ (ed. December 25, 2018) http://www.consultant.ru. (date of circulation 13.03.19).
2. On the territories of advanced socio-economic development in the Russian Federation [Electronic resource]: Feder. Law of December 29, 2014 No. 473-FZ http://www.consultant.ru. (date of circulation 13.03.19).
3. Taxes in export activities (2018) Available at: https://www.exportcenter.ru. (date of circulation 13.03.19).
