According to VAT legislation (ΚΔΠ 20/2008), credit balances of VAT are refunded in the following cases:

(1) An amount of tax which, under the circumstances is impossible to be credited to the taxable person and offset until the final specified tax period of the year following the year in which the specified tax period under examination falls.

(2) The amount of tax remains credited to the taxable person for a period of eight months from the end of the specified tax period in which it arose.

(3) The amount of tax relates to zero-rated transactions.

(4) The amount of tax relates to transactions which were conducted outside the Republic but would have been taxable had they been conducted inside the Republic.

These services are directly linked to goods exported to a country which is not a Member State.

(5) The amount of tax relates to transactions that fall under paragraph 1 and subparagraphs 3(a) to (e) of Table B in the Seventh Annex, provided the recipient is established outside the EU or the services are directly linked to goods exported to a country which is not a Member State.

(6) The amount of tax relates to the purchase of the businesses capital assets.

Filling in a VAT refund claim
Information and documents required
When is a claim for a VAT refund disregarded?
How are approved VAT refunds refunded?
Taxable person's rights