refusal of the input VAT deduction

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...

The portion of input VAT that may be deducted from output VAT in VAT returns or settlements; a measure of how much of the VAT on purchases (input VAT)...

A VAT procedure in which a business is allowed to deduct the input VAT (the VAT paid on purchases) from its output VAT payable, i.e., the mechanism fo...

A legal rule that restricts the extent to which a business may deduct input VAT from its output VAT. It specifies the conditions under which VAT charg...

Adjustment of previously deducted input VAT when the conditions for deducting input tax change or errors, partial reversals, or non-business use requi...

A claim to reclaim the input VAT (VAT paid on business purchases) from the tax authorities, i.e., a refund of the input tax credit to the enterprise.