VAT Return Transactions

VAT Refund is realized by submitting the reports prepared as a result of the calculations made by Certified Public Accountants on behalf of those who can benefit from the law to the tax office. Garanti Yeminli Mali Müşavirlik Anonim Şİrketi, with its Certified Public Accountants and Financial Advisors, carries out the VAT Refund transactions of the companies that request it in a short time and meticulously.

In cases where the VAT paid by the taxpayers whose deliveries and services are exempt from VAT and subject to reduced rates is more than the VAT calculated over the taxable transactions, it is the service of receiving the VAT paid by the taxpayers, which they cannot eliminate through discounts and which they paid due to the transactions that give rise to the right of return, in cash or by offsetting according to the principles to be determined by the Ministry of Finance.

VAT refund transactions carried out under the Value Added Tax Law are within the scope of this service. In this context, the services provided to solve all kinds of problems regarding VAT refunds, to put forward alternative refund procedures, and to ensure that VAT refunds are received quickly and accurately according to the appropriate method constitute part of our VAT refund services.

VAT refund certification services performed within the framework of Law No. 3568 generally include the following transactions;

• Checking the accuracy of the periodic VAT refund amounts within the framework of the applicable legislation and company legal records,
• Preparation of VAT refund certification report and submission to the relevant tax office,
• VAT refund certification service also covers the following issues;
• Determination of the refund amounts of companies that have the opportunity to receive Value Added Tax refund,
• Carrying out the necessary counter-examination studies of supplier companies,
• Preparation and submission of VAT return certification report,
• Ensuring that the lists required for VAT refund application (VAT to be deducted, VAT to be charged, sales invoices, etc.) and other documentation are prepared in accordance with the legislation and entered into the system,
• Preparation and submission to the Tax Office of the control reports and deficiency letters generated by the Revenue Administration on the system in accordance with the legislation, and uploading and finalizing the revised list and documentation through the Internet Tax Office