
VAT refund process
VAT refund process allows international travelers and businesses to reclaim Value Added Tax paid on purchases made within a country. When you buy goods, VAT is included in the price. If you're a visitor or exporting goods, you can request a refund by showing receipts and completing necessary forms at customs or designated points. The retailer may provide the refund directly or help you process it. Once approved, the VAT is returned to you, often via a bank transfer or credit. This process encourages international shopping and exports by reducing the overall cost of goods for eligible buyers.