What is VAT Reconsideration?
VAT reconsideration is a legal process that allows businesses to challenge decisions or penalties imposed by the FTA. This process involves submitting a formal request to the FTA, explaining why the decision should be reviewed or reversed, based on valid legal or factual reasons. Businesses must submit the request within 20 business days of receiving the decision.
Common Reasons for VAT Reconsideration:
- Incorrect Penalties: If your business is penalized due to an error or misunderstanding in VAT reporting, we can challenge the penalty.
- Late Filing Penalties: If a valid reason prevented your business from submitting VAT returns on time, we can request a reconsideration.
- Incorrect VAT Calculations: We assist in cases where the FTA’s calculations of VAT liabilities or refunds are inaccurate.
- Mistaken FTA Decisions: If the FTA issues a decision that does not align with VAT laws or regulations, we help you build a case for reconsideration.
Benefits of VAT Reconsideration Services:
- Potential Penalty Relief: A successful reconsideration request can lead to penalties being reduced or eliminated.
- Fair Outcomes: We ensure that your case is presented clearly, providing the best chance for the FTA to reassess its decision.
- Expert Guidance: Our VAT specialists handle the entire process, reducing your stress and ensuring compliance with FTA requirements.
