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Frequently Asked Questions on VAT

Last updated on 28 February, 2019

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Can businesses claim VAT incurred on expenses?

Businesses can claim VAT under the following circumstances:

  • If the business is registered under VAT, they can claim a refund on expenses (the end consumer cannot claim any input tax refund).
  • The VAT should be charged correctly (i.e., unduly charged VAT is not recoverable).
  • Businesses should have proper documents (such as a valid VAT invoice) showing that the VAT is paid.
  • VAT input tax refund can be claimed only on the amount paid (or intended to be paid) within 6 months after the supply date.
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