Payment methods
Before you pay, you must first declare for VAT and get the RRA acknowledgment receipt containing the document number (Doc id) and the total amount due. After declaration, you…
Pay VAT
The Value Added Tax to be declared should be paid within 15 days following the month or the quarter to be declared.
To process the payment, a taxpayer must have the RRA Reference…
Preparations
In order to declare VAT you must be registered for this specific tax:
Record all transactions into annexures. Fill the provided information into documents and then upload when…
There are times when a taxpayer pays more than what he/she is required to pay. The refund concept refers to the VAT paid by taxpayer on purchases (VAT inputs tax ) which exceeds the VAT collected by…
A VAT-registered taxpayer has the following obligations:
Must display the VAT registration certificate in a plain view at the entrance of his place of business for his client to see.…
