57. Remission of tax on goods exported

Summary

This section provides for the zero-rating or repayment of tax in respect of transactions relating to exports and services linked to exports. The general rule is that the zero rate of VAT applies to all supplies of goods that are transported directly by or on behalf of a supplier to a place outside the EU.

Details

(1) Subsection (1) provides for regulations, which will permit remission or repayment of VAT on exported goods.

(2) Subsection (2) provides for regulations, which will permit remission or repayment of tax on services directly linked to goods being exported or to the transit of goods outside the State.

Relevant Date: Finance Act 2020