Export

In export, the date that determines the period of an entry is not the invoice date but the date the goods physically leave customs. Because this distinction affects both your filing period and your VAT refund, your export invoices go through a separate check.

Period and exchange rate

• Your export invoices are recorded in the period of the actual exit date shown on the customs declaration. If the invoice date and the exit date fall in different months, the entry is moved to the month of exit.
• Foreign currency invoices are converted to Turkish lira at the rate of the relevant date; the original currency amount is kept in the record.
• The exchange difference arising when collection takes place is calculated and recorded separately.

Matching documents

For each export invoice the customs declaration, the electronic commerce customs declaration where applicable, and the freight and insurance documents are matched in the same file. An invoice or declaration without a match is flagged before the period closes; in a VAT refund claim this matching is the foundation of the file.

VAT refund

Because your export deliveries are exempt from VAT, the VAT you have borne is recovered through a refund. Your input VAT lists are prepared period by period, the issues raised in the risk analysis report are resolved, and the process is run according to your choice of offset or cash refund.

Also monitored

• Purchases and sales within the scope of an inward processing permit
• Bringing the export proceeds into the country and declaring them to the bank
• Document order for commissions and costs deducted by the buyer abroad
• Exemption conditions assessed invoice by invoice in service exports