VAT-collections-refund – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Tue, 18 May 2021 21:59:46 +0000 en-US hourly 1 VAT refund for business in 4-month period, 124.2 % higher https://en.ata.gov.al/2021/05/18/vat-refund-for-business-in-4-month-period-124-2-higher/ https://en.ata.gov.al/2021/05/18/vat-refund-for-business-in-4-month-period-124-2-higher/#respond Tue, 18 May 2021 21:59:46 +0000 http://en.ata.gov.al/?p=147318 TIRANA, May 18 /ATA/ Revenues in Value Added Tax collections amounted to ALL 17.6 billion, 2.4 billion or 16% more than the 4 months of 2020, as well as 4 billion or 29.9% more than the amended VAT plan on target collections for 4-month period 2021.

Referring to the report on fiscal indicators published by the Ministry of Finance and Economy, reimbursements for the 4-month period 2021 reached ALL 10.5 billion, ALL 5.8 billion or 124.2% more than the 4-month period of 2020 and ALL 3.9 billion or 58.7% more that the VAT refund plan for the 4-month period of 2021.

Taxpayers who have a credit balance on their VAT control account, can request a refund, according to the conditions set out in the law “On VAT” and the guideline of the Ministry of Finance and Economy.
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