- Criteria: VAT regulations allow for compensation in future periods and the option for refund as alternative and exclusive ways to recover excess input tax over output tax. Once the taxpayer chooses one of these options, it cannot be changed outside the regulatory deadline.
- Reiterates criteria from previous resolutions: RG: 00-01549-2007, dated 10-03-2009 and RG: 00-01386-2010, dated 14-03-2013.
Source: audiconsultores-etlglobal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
