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...

A correction under VAT rules that adjusts the amount of input VAT that a business may deduct, typically applied when the use of goods or services chan...