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IVA (VAT) refund?

does anyone know if the IVA is refunded when you exoport? Thanks in advance.

By fill on Sep 4, 2009, 11:42 in Friendly Talkzone.

fill says on Sep 4, 2009, 11:57:

is that in all cases? I read that if you were in a free trade zone that was true.

fill

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Gator says on Sep 4, 2009, 13:27:

To many variables to answer based on the skimpy facts posted. Check with DAIN (Dirección de Impuestos y Aduanas Nacionales de Colombia)

"Bene, cum Latine nescias, nolo manus meas in te maculare" .

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makopp5 (☼Travelguide writer) says on Sep 4, 2009, 14:02:

fill
what product? How will it be exported? How much is IVA on the product? Legal company who is exporting? etc
lots of questions first.
When the prduct is in a tax free zone, so never had been payed IVA, so it`s not possible to get some back.

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fill says on Sep 4, 2009, 14:41:

We will be manufacturing industrial fire equipment in Colombia. The IVA of course is applied at 16% to all raw material and parts that go into the product.Most of the products will have between $100USD and $300USD in material, and hundreds of units per month, so you can see that's alot of tax. A friend just called a lawer in Bogota and he says the IVA is refundable some how but doesn't know the proceedures. I looked into free trade zones, but to form one requires 1.4 million USD investment. We are no where that size. Any info is welcome. Thanks

fill

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makopp5 (☼Travelguide writer) says on Sep 4, 2009, 15:18:

fill
ask an accountant exactly how.
Nomrally you make every 2 month a IVA declaration. And you can discount IVA. We got other taxes back. But I´m nearly 100% sure, that you have to get IVA back.

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