VAT Return Processes

VAT return can be requested for transactions kept exception from VAT and deliveries and services subjected to reduced rate such as arising from stoppage, withholding practice within the scope of tax liability indicated in the Value Added Law, goods and services export, export registered sales, sales made within the scope of inward processing regime, sales within the scope of the incentive certificate investment. 

 

VAT return in the Transactions within the Scope of Full Exemption comprises the following areas. 

• Merchandise Export 

• Service Export 

• Roaming services 

• Delivery and production, amendment, maintenance and repairs of sea, air and railroad transportation vehicles

• Service performed in ports and air harbours for sea and air freight vehicles 

• Deliveries and services performed relating to construction and modernization of oil explorations and oil pipe lines 

• Prospecting, enrichment and refining activities of precious metals 

• Delivery of grant related assets 

• Construction, renewal and enlargement of railroad lines and harbour and air ports ensuring connection to the harbours. 

• National security purpose deliveries and services 

• International transportation 

• Deliveries and services made to diplomatic organs and missions 

• Deliveries and services made to international institutions 

• Diesel fuel deliveries made to truck, tow truck and semi-trailers transporting the subject matter export goods

• Subcontracting services performed for the customers in the free zones. 

• Vehicle-tool and computer programs relating to the trainings, professions and daily lives of handicapped

In addition to the above-mentioned subjects included in the full exemption, article of 29/2 of the Value Added Tax Law number 3065 entitled to the taxpayers having delivery and services VAT rate of which reduced the return right for the purpose of compensation of the VAT undercalculated by them because of the reduced rate. 

These works and transactions realized within the framework of the law number 3568 include transactions of control of the correctness of term return VAT amounts within the framework of the prevailing legislation and company records, drawing up the VAT return attestation report and submission of it to the tax office. 

 

In this context as the company of SERDFK Auditing And Certified Public Accountancy Inc. we render the following services;

• Determination of the return amounts for Value Added Tax 

• Cross audit required with shareholder companies 

• Preparation and submission of VAT return attestation report 

• Ensuring the logging in the system of the documentation required for the VAT return application,

• Making up the shortages of the control reports created by the system and writing the response letters according to our tax legislation,

• Completing the transactions by making process management. 

 

For obtaining detailed information about VAT return and reduced rate VAT return, please get in contact with our Tax Department