Could a company still claim the input VAT/VAT even after RD’s 6-month issuance policy deadline of the tax invoice? And can claim in what form?

by panwa group | Sep 14, 2021 | 5.QA

The company has not yet use tax invoice for claiming input vat within the deadline (within 6 months after the month of tax invoice according to Revenue Code). In case the company would like to claim, could it be claimed as input VAT or can claim as cash refund? Panwa...

Could Vat Credit be claimed as cash and what are the conditions for the mentioned VAT refundable?

by panwa group | Sep 14, 2021 | 5.QA

We would like to know if the VAT credit in amount of Baht 11,456.87 can be refunded as cash or not? Please advise. Panwa: Yes, the company can refund such VAT credit according to Revenue Code section 84, however, for  the company’s case, you need to be concerned about...

For the tax refundable, can we once declare the dividend but physically, we do not take the money out yet? If we declare dividend and don’t take the money out, do we still need to pay the 15% withholding tax?

by panwa group | Nov 9, 2020 | 3.Accounting-Tax, 5.QA

For tax refundable, we would like to inform again that the officer has authority to assess tax from these expenses ( when they random check your company or their checking for tax refundable ) if the company’s clarification could not make them believe. However, apart...

We had refunded VAT from Revenue Department, if our director cannot go to The Revenue department to pick – up the cheque directly, what are the required documents to prepare to send someone on behalf?

by panwa group | Nov 6, 2020 | 3.Accounting-Tax, 5.QA

We had refunded VAT from The Revenue Department, if our director cannot go to The Revenue department to pick – up the cheque directly, could we send someone to pick up the cheque on his behalf? And what kind of documents do we need to prepare for pick – up the cheque...

For VAT refundable, how many days or how long could we pick – up the cheque from the tax officer?

by panwa group | Nov 6, 2020 | 3.Accounting-Tax, 5.QA

For VAT refundable, how many days or how long could we pick – up the cheque from the tax officer after the day of approval? Panwa: We need to pick – up within 60 days after the date that the tax officer approve for return (the date will put in VAT refund form...