by panwa group | Sep 28, 2021 | 5.QA
Our company had requested the tax refund (VAT) but the tax officer did not approve and issue the letter to us for notice of filing additional tax. If we did not agree with them and would like to refuse for tax assessment how we should proceed with this matter? Panwa:...
by panwa group | Sep 28, 2021 | 5.QA
The company purchased goods and received the tax invoice. Such tax invoice is broken (torn on the bottom part of the page, under the authorized signature part and the full amount and other important details are not broken and can still be seen), can this document be...
by panwa group | Sep 28, 2021 | 5.QA
The company purchased some materials from 7-eleven shop and received the receipt. Could I use such receipt to claim VAT? Panwa: No, such receipt cannot be used to claim VAT. In case the company need to claim VAT, the company must request from 7-eleven the full tax...
by panwa group | Sep 27, 2021 | 5.QA
The company registered Vat last September 22, 2021. For the products that we bought before such VAT registration date, could we use the tax invoice to claim VAT? Panwa: No, any tax invoice issued before the VAT registration date cannot be used to claim VAT, as...
by panwa group | Sep 27, 2021 | 5.QA
I bought a product from a company, however such company issued an original unsigned tax invoice. Would I be able to use it to claim VAT? Please advise. Panwa: Yes, such unsigned tax invoice can be used to claim VAT, as specified under Section 86/4 of the Revenue Code....
by panwa group | Sep 27, 2021 | 5.QA
Our company will sell the products in a factory situated in free zone area. Kindly advise if such sale is applicable to VAT 7%? Panwa: Please note that for sale of products to a factory in free zone area, it is applicable to VAT 0%. Anyways, if you need further...
