there is a 25 % tax on goods ( 12 % for some items) called ÁFA (VAT)
which is included in the sales price. Foreign visitors are entitled
to a refund of the VAT on the purchases they take out of the country
with them when departing. Like in other European countries there
is a system for a swift safe cash refund of the VAT called Europe
Tax-free Shopping. Most shops which are of interest to tourists
are affiliated with this service. To take advantage of this opportunity
you should take note the following:
purchase in any one store must amount to a minimum of HUF 25.000
( appr. USD 160 ).
concluding your purchase ask the shop assistant for your Fiscal
Receipt and VAT Reclaim Form which is your export and tax refund
document. You will have it completed along with a Tax-free Envelope
which will show the refund offices where you can get your refund
in cash. A service charge is deducted when the refund amount is
you paid cash in the store be sure to keep your receipts from changing
money to Hungarian Forints along with your Fiscal Receipt and VAT
Reclaim Form. If you paid with a credit card ceep the credit card
slip along with the Fiscal Receipt and VAT Reclaim Form.
you depart from Hungary have your documents stamped at the border
by Hungarian Customs.
may receive your VAT refund in cash at Budapest Airport and at all
border crossings at IBUSZ Travel Agency Offices.
If a cash refund is not possible you should send all your documents
in original to our office in the Tax-free Envelope and you will
receive the refund to your credit card or bank account or a bank
cheque to your home address.
information on Tax-free Shopping is available in shops and in Europe
Tax-free Shopping information leaflets and Shopping Guides distributed
in hotels tourist offices airports and business centers.
in Hungary over 50.000 HUF invoice value entitles forign tourists
to claim VAT refunding. Don't forget to ask claiming form in the
shop!We refund you 18% of invoice value.
INTELTRADE Co. Ltd.
not leave your money behind !