Claim input VAT before TRN

 Hi, I want to know if we can claim input vat which was incurred before vat registration number was received. Thank you.

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Mark

28/09/2020 12:30:04
Replies
SAJITH N28/09/2020 18:20:43

As per Article 56 of Decree Law, VAT paid on goods purchased or services availed prior to registration can be claimed in the 1st VAT return post registration, provided these goods/services were used for making taxable supplies upon registration. Example if materials were purchased prior to registration and sold to customers post registration then input on purchase would be recoverable. However any VAT on any goods purchased and sold to customers prior to registration will not be eligible for recovery. Would recommend to take a similar conservative approach while claiming input on services availed prior to registration.

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