Business Complains about VAT Refund Delays

TIRANA - Delays in the return of Value Added Tax (VAT) return, penalties imposed by tax administration on businesses that have issued invoices to passive taxpayer registration numbers (NIPT) were the main concerns presented at the meeting that American Chamber of Commerce held with Taxation Administration Director General, Vasilika Vjero on Wednesday. 

Businesses pointed out that VAT is never refunded within the deadline. On her part, director of tax administration Vasilika Vjero pointed out that claims for VAT refunds are on increase and in many cases they are flawed, delaying the final process of refunding.
With regard to penalties imposed by tax administration on businesses that have issued invoices to passive NIPTs, Vjero said that Tax Directorate General has started conducting an update as of October.

Source: ADN