Automatic VAT compensation: How does this happen?

Automatic procedure for reimbursement of VAT, provided by the Tax Code, greatly simplifies the procedure, and most importantly reduces its terms. But the corresponding rate of NC oriented to a greater extent on the large financial-industrial groups. This was reported in the commentary UBR.UA director of audit company Elena Makeeva. "Today desk audit of automatic compensation last 20 slave. Days, from 2014 this check will last 5 work. Days. What should be the credibility of the enterprise to 5 days to verify large amounts of VAT are subject to automatic compensation. Those taxpayers who are not able to use the automatic system will reimburse the VAT on the conventional system. Automatic system provides 20 days of testing, then 3 days is the tax authorities to draw up a statement and submit to the state treasury, for 3 days at the Treasury Department to return the funds, "- explains E. Makeev. She also noted that if the Treasury did not return the funds, this debt is public debt, and it shall bear interest at a rate of 120% of the NBU discount rate. "It's very serious condition and the state agrees that if it does not fulfill its obligation under the Tax Code, it must compensate in some way, namely, to pay interest. I do not know how it would work in practice, since only started a year and not enough time has elapsed in order to draw definite conclusions. But it is clear that this rate it will support large financial-industrial group "- summed up the director of audit company. Recall the State Committee agreed order of the State Tax Service (STS), which specifies the criteria for compliance with the payer for automatic reimbursement of value added tax (VAT). Informs the press service of the State Committee. To obtain a VAT refund, the taxpayer can not be in bankruptcy court proceedings, information about it in the Uniform State Register of legal entities and natural persons - entrepreneurs must be correct and complete. The calculation involves only figures declared by the payer in its own tax returns and are available in the databases of STS of Ukraine. Determine if the taxpayer's specified criteria is conducted in an automated way within 15 calendar days after the deadline for filing statements. According to the results Revenue Service form two lists of taxpayers: not relevant, the criteria and are entitled to an automatic budget VAT refund, and are not eligible and not eligible for such reimbursement. If these taxpayers do not qualify for automatic compensation, the regional office of tax service to notify him about it within 17 calendar days after the deadline for filing statements.