Notice 26-018, released on 24 July 2026, streamlines the value-added tax refund process for enterprises supplying services abroad, aiming to reduce administrative burdens and accelerate cash flow for exporters. The amendment permits electronic submission of export-service invoices through the VAT refund portal, eliminating the prior requirement for paper-based certification from foreign recipients. Refund processing times are shortened from an average of 45 days to 18 days, with interim disbursements available after 30 days upon verification of customs export filings. The regulation also clarifies the treatment of digital-service exports, confirming that platform-mediated B2B services qualify for the standard zero-rate VAT treatment when proper invoicing criteria are met.
Key Takeaways
- Electronic Refund Submission: Taxable persons may now file VAT refund claims exclusively online, attaching digitally signed invoices and electronic bills of lading, which the NTS will validate against the Import-Export Trade Statistics database.
- Accelerated Payment Timeline: Provisional refunds equal to 60 percent of the claimed amount are issued within 30 days, provided that the applicant maintains a clean compliance history and submits all required attachment within the statutory filing window.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
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