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What is the "approved credit" line on the sales tax return?

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Question added by Muhammad Javaid , Accounts Manager , Al-Sateaa Group of Companies Riyadh, Saudi Arabia
Date Posted: 2014/03/01
Hassan AlKhalili  CMA CANDIDATE
by Hassan AlKhalili CMA CANDIDATE , Finanance Manager , United Arab Company For Food Industries

The approved credit in slaes tax is Invoice .

Muhammad Javaid
by Muhammad Javaid , Accounts Manager , Al-Sateaa Group of Companies Riyadh, Saudi Arabia

The Director of Revenue will issue credits for any amounts overpaid on your account. This credit should be claimed on the appropriate line on the return.

Credits should not be taken without the prior approval of the department. The department will apply any credits to prior or future balances on your account without notification.

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