Businesses stuck amid ministries' disagreement about tax refunds

Businesses stuck amid ministries’ disagreement about tax refunds
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 07/05/2021
  
12:00
GMT+7
A number of wind power projects are facing difficulties as taxation agencies have stopped VAT refunds.
A representative of an enterprise said that since February the enterprise has imported VND1 trillion worth of equipment to implement a wind power project and has paid nearly VND100 billion to the local budget, equal to 10 percent of VAT of imports.
The enterprise has also paid hundreds of billion of dong in VAT for other projects. Therefore, it is expecting to get a tax refund worth trillions of dong.

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