Right to deduct input tax

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...

Reimbursement of input tax by the tax authority: repayment of the value-added tax (VAT) that a business has paid on purchases (input tax), typically t...

The right of a business to offset the VAT it has paid on purchases (input tax) against the VAT it charges on sales, thereby reducing its net VAT liabi...

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...

A VAT mechanism that allows businesses to deduct the input VAT paid on purchases (inputs) from the output VAT charged on sales, thereby netting the ta...

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...