Prohibition of input tax deduction

Reduction of the deductible input VAT amount, for example when a business may claim only part of the input VAT or none at all, commonly in cases of mi...

Process by which a taxpayer requests the repayment or reversal of an input VAT deduction previously claimed, typically due to corrections of errors, a...

A contractual clause that prohibits offsetting or netting of mutual claims between the parties, so that amounts due are not netted against each other ...

A decision by tax authorities to refuse a claimant's right to deduct input tax (VAT) on business purchases, i.e., denying the right to reclaim the VAT...

Input VAT deduction is a tax mechanism allowing a business to deduct the value-added tax (VAT) paid on its purchases (input tax) from the VAT it is re...

Retroactive input tax deduction refers to the legal or practical effectiveness of the right to deduct input VAT for goods and services in a period ear...