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All the businesses who are registered under Saudi VAT should file the VAT return either on monthly or on a quarterly basis. The VAT returns must be filed electronically by logging into the General Authority of Zakat and TAX (GZAT) portal. The businesses are required to provide the details of sales, purchases/expenses, Output VAT and Input VAT in the prescribed VAT return format by GAZT.
To know more about VAT return filing period in Saudi Arabia, please read 'VAT Return Filing Period'.
The VAT return format prescribed by GAZT is broadly categorized into 2 sections, the first of which deals with VAT on sales (output VAT) and the second one deals with VAT on purchases (input VAT).
In this article, we will understand the VAT return format and details to be provided. The VAT return format is designed to include the following details which registered businesses are required to declare:
Click here to download the VAT Return Format
Apart from the details discussed above, certain boxes contain 'Adjustment' column to report any adjustments related to return of goods sold in previous return period, bad debts write-off etc. To know more about box-wise details in filing Saudi VAT Return, please read 'How to file Saudi VAT return'.
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