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-   -   VAT Amount vs Refund Amount (https://www.flyertalk.com/forum/korea/1625378-vat-amount-vs-refund-amount.html)

bcx Nov 1, 2014 7:04 pm

VAT Amount vs Refund Amount
 
I keep reading that you get your VAT amount back when you claim those Tax Free (Global Blue, Global Tax Free) receipts, but here I am in Korea and all my receipts have a Refund Amount that is always lower than the VAT amount. Instead if 10% it's usually a rounded number closer to 6%. What gives?

SirJman Nov 1, 2014 11:58 pm


Originally Posted by bcx (Post 23776255)
I keep reading that you get your VAT amount back when you claim those Tax Free (Global Blue, Global Tax Free) receipts, but here I am in Korea and all my receipts have a Refund Amount that is always lower than the VAT amount. Instead if 10% it's usually a rounded number closer to 6%. What gives?

You should see the "service" fee rate on the refund receipt.

mikesaidyes Nov 2, 2014 6:21 am

To be honest, there are so many Chinese tourists at the airport claiming their own tax free that you need to arrive really early and spend a nice chunk of change back for it to be worth it!


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