The criteria of eligibility set by the Ministerial Circular are quite strict, but in any case, it is recommended to monitor the issuance of a Ministerial Circular determining the beneficiary enterprises
In the context of enhancing market liquidity, Ministerial Circular POL 1212/2014 (FEK Β' 2602/30-09-2014) has been issued with the purpose of immediate, by priority and without audit VAT refund. In particular:
To be noted that a list of enterprises that meet the aforementioned criteria will be established in January of each year, whilst those ceasing to meet such criteria will be deleted at any time during each year. Especially for tax refund claims submitted prior to 1.1.2014, such list will be issued in due course.
In any case, the head of the competent tax office may request that a tax audit takes place prior to the refund if strong indications of non-compliance with the abovementioned criteria exist.
Strict criteria/ requirements for eligibility (e.g. tax audit for at least three (3) tax years, etc.) are set by the Ministerial Circular, whilst the time frame of the credit balance refunds, as well as the list of eligible enterprises are to be determined.