When would the refund be paid?
For VAT registrants that are required to carry forward credit for four consecutive months, the refund would be paid within three calendar months following the date the application was submitted.
However, where at least 50% of the taxpayer’s taxable supplies are zero rated; the refund would be paid within one month following the date the application was submitted.
In both instances, where the Comptroller orders an audit of the claim for refund, the refund would be paid within ten working days after the conclusion of that audit.