What are the difference between EU VAT and JP CT mechanism?
1 As long as you want to get refund, you have to register in Japan before the date that invoice is issued.
2 Unlike EU VAT refund application (basically, yearly refund), JP CT return application can be submitted monthly or quarterly return, if you have chosen to submit monthly return or quarterly return. However since JP CT refund system is as same as EUʼs local returns, as long as you choose monthly returns, you have to keep using monthly returns for 2 years.
3 Compared with different VAT rates for different categories in EU countries, in Japan, the Consumption Tax. rate is 8%. There is very rare case that the rate isn’t 8%.