Did you know you might be eligible for a VAT refund for all your purchase for your construction.
VAT Refund Scheme on Residential Building or Apartment from MRA.
What this scheme is about?
Under this scheme a person may apply for a refund of VAT on the construction of a residential building or the purchase of a residential apartment or house from a property developer.
2. Who can apply for a refund of VAT under this scheme?
Any person who is a citizen of Mauritius of 18 years of age or over and whose annual net income for income tax purposes and that of his spouse does not, in the aggregate, exceed 3.5 million rupees.
3. What are the other conditions to be met to be able to apply for the refund?
i. The construction of the residential building, house or residential apartment must be started and completed in the years 2014 to 2024 and in the period of 6 months ending 30 June 2025;
ii. The applicant or his spouse must be the owner or co-owner of the residential building or residential apartment; and
iii. The cost of the construction of the residential building or the purchase price of the residential apartment or house must not exceed 5 million rupees;
Please follow this link for more details from the MRA.