OREANDA-NEWS. November 01, 2010. According to Minister of Finance Veaceslav Negruta, this is stipulated by the new version of the Provision on value-added tax refund, approved by the government at the meeting.

He noted that, particularly, the document provided for reduction of a term for VAT refund from 45 up to 30-35 days, and annulment of commissions in the territorial tax inspectorates, engaged in examination of documents for VAT refund, submitted by the eligible entities.

Veaceslav Negruta emphasized that earlier the clear responsibility of the commission’s members was absent, they bore the collective responsibility for the decisions taken and as a result the process of documents examination dragged on, different violations of law were registered. The new version of the VAT refund Provision stipulates the personal responsibility of persons, taking the decisions on VAT refund.

The document for the right to refund VAT amounts from the budget will be signed by the concrete responsible persons – directors and deputy directors of the territorial tax inspectorates, who will take personal responsibility for them. The head of the Ministry of Finance emphasized that these measures would contribute to more transparency and avoidance of corruption in the process of VAT refund.

Earlier the subjects of taxation, having the right for VAT refund, tried to get from the budget their full dues for years and as of September 2009 the state debts amounted to hundreds of millions lei, whereas today there are no any delays with payments or debts on VAT refund, - he said.