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Editing Uganda - Refund on Value Added Tax

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#If you are in a cash refundable position, the money will be deposited onto the declared bank account declared in URA;
 
#If you are in a cash refundable position, the money will be deposited onto the declared bank account declared in URA;
 
#A person may claim a refund for the output tax paid in excess of the amount tax due for a tax period. This may arise as a result of :-
 
#A person may claim a refund for the output tax paid in excess of the amount tax due for a tax period. This may arise as a result of :-
::*A taxable person’s input tax credit exceeding his or her output tax for that period, where he or she applies for a VAT refund through the monthly return
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::*An objection decision
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:*A taxable person’s input tax credit exceeding his or her output tax for that period, where he or she applies for a VAT refund through the monthly return
::*A decision of Tax Appeals Tribunal or High Court.
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:*An objection decision
::*Loss of Goods in Stock, CG may grant a refund for the input tax paid on such goods.
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:*A decision of Tax Appeals Tribunal or High Court.
::*Bad Debts, subject to S.43 (1)
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:*Loss of Goods in Stock, CG may grant a refund for the input tax paid on such goods.
::*Export / Zero rated goods
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:*Bad Debts, subject to S.43 (1)
::*Purchases By Diplomats/diplomatic missions
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:*Export / Zero rated goods
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:*Purchases By Diplomats/diplomatic missions
 
However, where the amount of the excess input tax credit is less than 5 million, except for persons mainly dealing in zero rated supplies, CG shall offset that amount against the future liability of the taxable person.
 
However, where the amount of the excess input tax credit is less than 5 million, except for persons mainly dealing in zero rated supplies, CG shall offset that amount against the future liability of the taxable person.
 
The claim shall be made in a return within three years after the end of the tax period in which the tax was over paid.
 
The claim shall be made in a return within three years after the end of the tax period in which the tax was over paid.

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