Within the scope of the Anti-Crisis Plan VAT Refunds to Taxpayers Will Be Automatic

2020-11-19

Significant reform within the scope of the Anti-Crisis Plan of the Government of Georgia

VAT will be automatically and in fact instantly refunded to taxpayers by the Revenue Service of the Ministry of Finance of Georgia from November 17, 2020.

As a result, over 150 000 taxpayers will be refunded over 4 billion GEL in a quick, easy and hassle-free manner in the coming 4 years by getting almost 1 billion GEL annually.

Reform will be particularly important for the economic recovery of the country, support of small and medium enterprises (SME) and job security.