Tourist shopping refund #shorts #tax

VAT is Value-added tax, which is borne by the private consumer. VAT at the appropriate rate will be included in the price you pay for the goods you purchase.
As a visitor to the EU or UAE, who is returning home or going on to another non-EU country, you may be eligible to buy goods free of VAT in special shops.
Conditions:
1. The tourists must provide proof of residence (E.g. passport or residence permit)
2. The goods must be taken out of the EU or UAE within 3 months of being bought. The tourist must provide a stamped VAT refund document proving this.
3. The value of the goods bought must be above a certain minimum specified by the country.
4. Retailers can either refund the VAT directly or use an intermediary. One or other of them may charge a fee, deductible from the refunded VAT amount.
5. Ensure that the goods are with you or in hand luggage, as you need to disclose the goods at the VAT receipt counter.
Tourists will receive their refunds at the departure port - airport, seaport, or border port - by submitting the tax invoices for their purchases from the registered outlets, along with copies of their passport and credit card.

Similar to VAT in EU & UAE, you can get refunds for GST in Singapore.

#anushkarathod #finance #tourist #shopping #refund #discount #deals #travel

[PratikPachal]

Absolutely, if wife like to shop a lot, husband has to find out cheap deals and discounts...If relatives and children come together then it lead to more expensive. 😂😂😂😂😂

[thevjniti]

So good to see your mom jst to see them happy

[dcjaat]

Bhaiyo ye sb sirf ameero ke yha hota h....apne to Nani ka ghr hi europe h.

[WonderQuestforKids]

Sabke mummy nd papa most Adorable hote ha..Apna Apne pov me 🤣🤣

[iamarnesh]

My father and mother are completely different. 😂😂 They always want to carry me and my brother with them even if they are traveling 2km away from the house. 🤣🤣And we are just back from Germany trip last month.

[prashanthgadwal]

This is the most useful information i have come across in youtube

[Satyajit_Dey]

Ever wondered why your dad's hobby is finding discounts & deals? 😂😂

[priyanshsharma]

Your Dad looks a bit like legendary singer KK

[tusharchandna]

Before you scroll, Foreign tourists coming to India can also avail this refund of GST provided they take our products out of India with them(as it's a kind of export & exports are generally tax free)

[athira]

It must be nice to have parents who have their own personality.

[colours]

Lol same no cousins no bro sis no friendbut yes childrens ke bina to nhi jaate full family

[yashsathwara]

Romantic hai 😂😂kitne bhai bhen hai apke vaise

[rinkhan]

Yeh loooo yeh too main aur mere hubby bhi ese hi hain, main samji mere husband hi ese hain ❤️ bless you pottar 🤲🕋🧿

[sandeepayushisanshi]

Yes GST type hota hai vat or vat isliye diya jata hai kyuki gov. Chahti hai ki tourism aage bdee isliye vo tax kaa refund de deti hai otherwise saman mehenga hoga
Or kyi aesi country hai jhaa gst lgta jese France
Or vha single gst lgta hai
India cananda or Brazil mai dual gst concept chlta hai usme bhi india ne Canada gst adopt kiya hai

[ilhaaneymoallim]

I think 🤔 I meet your dad In Manchester I used work a clothing store and once a India couple were shopping and the male was only asking about the vat tax 😆 🤣

[alishatumulu]

Lucky you girl! You don't have to be the baggage to them in Every trip

[manissha]

Mujhe toh lgaa tha hum hi aise iklote couple hai .... But yours parents motivate us 😂 we are not alone 😂

[kamisama]

It's better to visit USA than Europe as in most of the states tax rate is too less or even Zero as compared to Europe

[Yes_Im_Adarsh]

Or you can get travel debit card from Niyo it automatically gives you vat refund in around 5-15 days to all even if you are student, tourist, etc no need to ask get in to any

[swapnilbansod]

Valuable note, I didn't know that...
☺️☺️