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CHAPTER SIX : TAX CREDIT AND TAX REFUND


Article (19)
 

The Registered person may, when accounting for the tax due to the Department, credit for the following :

(a) General tax or special tax that has been previously paid or charged on returned supplies.

(b) General tax that has been previously paid or charged on credit supplies which have become bad debts.

(c) General tax that has been previously paid or charged on his purchases or imports of goods and services while he is registered, save those which are listed under Schedule (4) of this Law.

(d) General Tax paid or charged before registration on the goods at hand at the time when he registers for sales tax.

(e) Special tax that has been paid or charged on goods to be incorporated in the production of other goods subject to the Special Tax.

 

 


Article (20)

 

Tax shall be repaid in accordance with the Executive Instructions issued by virtue of this Law within a period not

exceeding 3 months of the date since the claim for refund has been filed, in any of the following cases:

 

(a) Tax that has been paid on goods or services exported or used in the manufacture of other goods that have been exported.

(b) Tax that has been collected by mistake.

(c) Tax, deductible under Article (19) above, which has been paid on inputs since a period of at least six months and carried forward as a credit but not yet deducted from the tax charged on supplies made during that period.

(d) Tax previously paid on the goods that leave the country in the possession of Non resident Persons upon their departure, provided that the tax amount to be refunded be not less than fifty Dinars and not more than five hundred Dinars.

(e) Special tax previously paid on goods supplied to the bodies relieved from payment of tax under Article (21) of this Law.

 
All rights reserved, 2004 Ministry of Finance, Income & Sales Tax Department