VAT Rules to Be Eased for Exporters

The government plans to scrap rules that tie refunding exporters’ value added tax to repatriation of their export earnings, head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said. 
The VAT refund was an incentive given to compliant exporters who repatriated their overseas income as per rules of the Central Bank of Iran.  
Referring to the budget bill for fiscal March 2021-22, Gholmahossein Shafe'e said the government has lifted the apparently controversial rule in the proposed budget, which "is one of the positive aspects of the budget".