Official letter 755/TCT-CS dated march 07 2013 by gdt guiding on vat refund for new investment project.
According to official letter 755/TCT-CS, business establishments with investment projects in provinces other than the province or city where business establishment is headquarterd. At the same time, business establishment declare input VAT for the project then VAT amount will be treated as follows:
When projects are completed and prodedures for establishment of new enterprises, businesses are businesses establishment are the investors of investment projects must sum of input VAT of the project to hand over to the new enterprises to declare, pay tax and VAT refund request in accordance with the tax office directly managing.
