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ANAF has refunded VAT of 13 billion lei in first 11 months of 2011

The National Agency for Fiscal Administration ANAF refunded VAT in value of 13 billion lei (about 3.0232 billion euros at the daily exchange rate - editor's note) in the first 11 months of 2011, an amount higher by 3.5 billion lei when compared to the same period in 2010, according to president of ANAF Sorin Blejnar. At present, outstanding VAT returns, of more than 45 days, amount at slightly over one billion lei. In 2009, ANAF has changed the VAT refund system and the ...

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