BusinessMirror

Refund: Substantiation of unutilized input VAT no more

For many years now, the right of taxpayers to claim for value added tax refund has been constrained and limited. The Court of Tax Appeals (CTA) has been consistent with its stand that in a claim for ...
BusinessMirror

Output VAT credit on uncollected receivables

One significant amendment introduced by the Ease of Paying Taxes (EOPT) Act is the seller’s right to deduct and claim output value-added tax (VAT) credit on uncollected receivables, subject only to ...
아시아경제

Supreme Court Rules "Input Tax Deduction Required When VAT Paid Due to Mutual Mistake Is Refunded"

When a local government enters into a service contract without knowing that the service is exempt from value-added tax (VAT) and determines and pays the service fee including VAT, the Supreme Court ...
standardmedia.co.ke

Proposed changes on VAT Act make it hard to claim input tax

The Finance Bill 2020 has proposed to amend Section 17 (2) of the VAT Act, 2013, to include a provision that requires taxpayers to claim input tax in their VAT returns on condition that providers of ...