VAT filing

 VAT filing refers to the process of reporting and submitting Value-Added Tax (VAT) returns to tax authorities. VAT is a consumption tax that is added to the price of goods and services at each stage of production or distribution, and ultimately paid by the end consumer. Businesses that are registered for VAT are required to periodically file returns with the tax authorities, usually on a monthly or quarterly basis, to report the amount of VAT collected from customers and the amount of VAT paid on business purchases. VAT filing involves calculating the net VAT owed to the tax authorities and submitting the VAT return by the required deadline. Failure to file VAT returns accurately and on time can result in penalties and interest charges