vat.gov.sa VAT Return Saudi Arabia : General Authority of Zakat & Tax

Organization : General Authority of Zakat & Tax GAZT
Facility : VAT Return
Country : Saudi Arabia
Details : https://www.vat.gov.sa/en/e-services/vat-returns

GAZT VAT Return

A VAT eligible taxpayer pays VAT on his taxable purchases and collects VAT on his taxable supplies.

Related : GAZT VAT Registration Saudi Arabia : www.statusin.org/41824.html

In essence, the taxpayer is collecting VAT on behalf of the General Authority of Zakat and Tax (GAZT) and has the right to claim back VAT paid on his taxable purchases. Taxpayers are required to file their returns to provide details of transactions related to taxable supplies and purchases.

Following the submission of VAT return form, taxpayers will be asked to either pay the VAT liability or may claim back VAT refund depending on their situation. This set of activities is commonly referred to as VAT return filing.

Who Files VAT Returns & When

Taxable persons which make an annual taxable supply of goods and services in excess of SAR 40,000,000 are required to file VAT returns monthly. All other taxable persons are required to file VAT returns quarterly.

However, such persons may elect to file monthly returns subject to approval by GAZT. From the end of the tax period (as defined above) all taxable persons will have one month to file their VAT return.

For example :
** If monthly returns are required, for the tax period 1 January 2018 to 31 January 2018 the VAT return must be filed by 28 February 2018
** If instead quarterly returns are required, for the tax period 1 January 2018 to 31 March 2018, the VAT return must be filed by 30 April 2018

How to File VAT Returns

Taxable persons need to file the VAT Return through the GAZT e-portal.
The VAT return form will require you to provide various details about your business during the tax period :
** Standard rated domestic sales
** Sales to registered customers in other GCC states
** Zero rated domestic sales
** Zero rated exports
** Exempt sales
** Standard rated domestic purchases
** Imports subject to VAT paid at customs
** Imports subject to VAT accounted for through the reverse charge mechanism
** Zero rated purchases
** Exempt purchases
** Corrections from previous period (up to 5,000 SAR)

You will also need to specify any relevant adjustments. Note that for corrections (due to an error or omission) of more than 5,000 SAR, the taxpayer will need to complete a self-amendment.

Where the taxable person fails to file the VAT Return within the prescribed period, GAZT may make an assessment of the tax. For clarification on requirements, or all VAT-related queries, please call toll free number 19993. The hotline is open from 8am to 8pm Saturday to Thursday.

FAQs

1. Which zakat / tax return I need to file?
Based on taxpayer type & accounting method, Zakat or Tax return will be available with due date in “To be filed” status

2. How can I submit a new return?
Click on the return of a year in “To be filed” status to start the filing.
3. When can I submit return of current period?
Return for current period will be available once the end date of your tax period is complete.

4. How can I submit monthly withholding tax return (Form 06)?
Click on “New monthly WHT return” Button & select period for which form 06 is required to be submitted. The Hijri / Gregorian period is determined based on your registration details.

5. Can I delete return form 06 if I have selected a wrong period?
You can delete return by clicking “Void” button when form 06 is in “Parked” status. If the return is submitted, then please contact AMER Centre.

6. Can I submit return with NIL Value?
Except form 06 you can submit other returns with NIL liability.
7. How can I submit return form 09?
To submit form 09, there needs to be one form 06 submitted for any month during the billing period.