Vat Refund Classification Issue

Summary

The company is facing issues with VAT refund classifications due to outdated information in the Legacy system. The business nature and export status have not been properly updated, leading to VAT refunds being classified under the NRN category, which prevents cash refunds. Despite declaring 100% output tax under VAT suspended taxable supplies, refund files have been transferred to the default collection unit for settlement of liabilities, even though there are no outstanding liabilities. Consider updating the legacy system and addressing the VAT refund classification to resolve these issues.

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"According to the Legacy system, this company is not yet activated the exporter status." in legal terms
It seems like your company is dealing with an issue regarding the activation of exporter status. Here's a possible legal phrasing for your situation:
"According to the Legacy system, our company has not yet been granted active exporter status."
Could you provide more details about what specific assistance you need regarding this status?
"We, ……………………., are one of the companies of ………………Group. engaged in washing and dyeing services to the export-oriented Garment manufacturer as an indirect exporter." in legal terns
It seems you are looking for help with formalizing your company's status and description in legal terms. Here's a possible legal phrasing for your situation:
"We, [Company Name], are a subsidiary of [Group Name], providing washing and dyeing services to export-oriented garment manufacturers as an indirect exporter. According to the Legacy system, our company has not yet been granted active exporter status."
Could you clarify if you need assistance with the activation process or any other specific legal issue related to this status?
"As we were informed, the nature of the business and the export status of the company is not properly updated in the legacy system. Therefore, the VAT refunds are generated under the “NRN” category. Due to this reason the cash refunds are not generated from this system." in formal
Here's a formal version of your statement:
"As we were informed, the nature of our business and the export status of the company have not been properly updated in the legacy system. Consequently, the VAT refunds are classified under the 'NRN' category, preventing the generation of cash refunds from this system."
Do you need assistance with updating the legacy system or addressing the VAT refund issue?
"This is with reference to the VAT refunds with regard to the Legacy unit which we requested on 25th July *,As we were informed, the business nature of our business and the export status of the company have not been updated properly in the legacy system. Consequently, the VAT refunds are classified under the “NRN” category preventing the generation of cash refunds from this system." in legal terms
Here's the legal phrasing for your statement:
"This is in reference to the VAT refunds requested on 25th July *. We have been informed that the nature of our business and the export status of the company have not been properly updated in the legacy system. Consequently, VAT refunds are classified under the 'NRN' category, preventing cash refunds from being generated."
Could you specify if you need assistance with updating the legacy system or addressing the VAT refund classification issue?
"This is in reference to the VAT refunds requested on 25th July * pertaining to the Legacy system. Attached the VAT refund list for your perusal." in formal
Sure, here's your statement in a more formal manner:
"This is in reference to the VAT refunds requested on 25th July * pertaining to the Legacy system. Attached is the VAT refund list for your perusal."
Could you provide more details on the specific legal assistance you need regarding this issue?
more complex
To assist you better, could you elaborate on the specific legal challenges you're facing with the VAT refunds and the legacy system update? Are you seeking help with the procedural aspect, legal representation, or something else?
more complex legal terms
Understood, you are seeking a more complex legal phrasing. Here's a revised version:
"We, [Company Name], a subsidiary of [Group Name], provide washing and dyeing services to export-oriented garment manufacturers as an indirect exporter. According to the Legacy system, our company has not been granted active exporter status. Consequently, due to the improper update of our business nature and export status, VAT refunds are classified under the 'NRN' category, preventing the generation of cash refunds. This matter references the VAT refunds requested on 25th July *. Attached is the VAT refund list for your perusal."
Do you need assistance with updating the legacy system, addressing the VAT refund classification, or both?
"As we have been informed," in legal terms
In legal terms, "As we have been informed," can be phrased as:
"As per the information provided to us,"
Is there any specific legal documentation or action you need assistance with regarding this matter?
"As a result, the VAT refunds files have been transferred to the legacy default collection unit from the legacy refund unit for settlement of the outstanding liabilities.and there are no outstanding liabilities." in one sentence
"As a result, the VAT refund files have been transferred to the legacy default collection unit from the legacy refund unit for settlement of the outstanding liabilities, and there are no outstanding liabilities."
Do you need assistance with any specific legal steps to resolve this matter?
complex
It sounds like your company is experiencing issues with VAT refund classifications due to outdated information in the Legacy system. Here's a more complex legal phrasing for your situation:
"As per the information provided to us, due to the improper update of our business nature and export status in the Legacy system, VAT refund files have been transferred to the legacy default collection unit from the legacy refund unit for settlement of outstanding liabilities, despite there being no outstanding liabilities. Consequently, VAT refunds are classified under the 'NRN' category, preventing the generation of cash refunds. This matter references the VAT refunds requested on 25th July *. Attached is the VAT refund list for your perusal."
Do you need assistance with updating the legacy system, addressing the VAT refund classification, or both?
"Upon further examination we found that the business nature of our business and the export status of the company have not been updated properly in the legacy system. Consequently, the VAT refunds are classified under the “NRN” category preventing the generation of cash refunds from this system. However the *% output tax is declared under the VAT suspended taxable supplies.As a result, the VAT refunds files have been transferred to the legacy default collection unit from the legacy refund unit for settlement of the outstanding liabilities, despite there being no outstanding liabilities." in legal terms
Here's a more complex legal phrasing for your situation:
"As per our examination, the nature of our business and the export status of the company have not been properly updated in the Legacy system. Consequently, VAT refunds are classified under the 'NRN' category, preventing the generation of cash refunds. Despite declaring *% output tax under VAT suspended taxable supplies, VAT refund files have been transferred to the legacy default collection unit from the legacy refund unit for settlement of outstanding liabilities, despite there being no outstanding liabilities."
Could you specify if you need assistance with updating the legacy system, addressing the VAT refund classification, or both?