Mongolia introduces VAT payment deferral for good-rated payers and importers from 1 January 2027
- Jurisdiction
- Mongolia
- Tax
- VAT
- Change type
- Compliance
- Status
- Enacted
- Impact
- FYI
- Announced
- 26 June 2026
- Effective
- 1 January 2027
- Authority
- Legal Information Centre, Ministry of Justice and Home Affairs of Mongolia (legalinfo.mn)
- Systems
- Reporting, Customs
- Verified
- Fetched from official source · high confidence
VAT withholding payers and importers with a compliance rating of "good" or higher under the General Tax Law.
No action required unless seeking the deferral; compliant payers and importers may apply from 1 January 2027.
ReportingCustoms
Mongolia's law of 26 June 2026 amending the Law on Value Added Tax adds a new Article 16-1 allowing VAT payment deferral from 1 January 2027. A VAT withholding payer with a compliance rating of 'good' or higher under the General Tax Law may apply for deferral of the VAT payment for up to one month, and a further deferral of up to two months in equal monthly instalments if the deferred tax is paid in full and the rating is kept. The same article allows importers with a 'good' or higher rating to defer VAT on imported goods, with the deferred amount capped by reference to the monthly average VAT paid on the same category of goods in the previous quarter.
What changed in detail
Mongolia’s law of 26 June 2026 amending the Law on Value Added Tax adds a new Article 16-1 that allows VAT payment deferral from 1 January 2027.
A VAT withholding payer with a compliance rating of ‘good’ or higher under the General Tax Law may apply for deferral of the VAT payment for up to one month. A further deferral of up to two months, in equal monthly instalments, is available if the deferred tax is paid in full and the rating is kept.
The same article allows importers with a ‘good’ or higher rating to defer VAT on imported goods. The deferred amount is capped at the monthly average VAT the importer itself paid on the same type of imported goods in its most recent quarter. Deferral is voided if the tax is not paid or no e-receipt is issued (Article 16-1.6).
What it means
Deferral is a cash-flow measure and depends on the compliance rating, so it is available only to payers who hold and keep the rating. Importers need to know the cap: it is tied to the previous quarter’s monthly average for the same goods category, so a business with a sudden jump in imports may find the deferral does not cover all of it. The further two-month instalment deferral requires full payment and a maintained rating.
Proof
16 1 .1.Татварын ерөнхий хуулийн 6.1.51-д заасан хууль даган мөрдөлтийн түвшин "сайн" буюу түүнээс дээш үнэлгээтэй албан татвар суутган төлөгч хүсэлт гаргасан тохиолдолд албан татвар төлөх хугацааг нэг сар хүртэл хугацаагаар хойшлуулна. /Энэ хэсгийг 2026 оны 06 дугаар сарын 26-ны өдрийн хуулиар нэмсэн бөгөөд 2027 оны 01 дүгээр сарын 01-ний өдрөөс эхлэн дагаж мөрдөнө./16-1.1. Where a VAT withholding payer whose compliance rating under Article 6.1.51 of the General Tax Law is "good" or higher applies, the VAT payment period is deferred for up to one month. (This part was added by the law of 26 June 2026 and applies from 1 January 2027.)
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