Korean Farm and Fishery Equipment VAT Refund and Deadline Calculator

Check the refund conditions before counting the cash

Replacing greenhouse film or pipes creates a substantial VAT outlay as well as a materials bill.
This calculator helps review the Korean special refund for agricultural, forestry and fishery equipment, compare the refund and cooperative fee, and prepare an application schedule.
A product being described as agricultural equipment does not mean every purchase qualifies: purchaser status, exact item restrictions, use and tax invoices all matter.

It is designed for operators and family members organizing their paperwork before a large purchase or a quarterly deadline.
Initial amounts are fictional examples and the confirmation boxes start unchecked.
Confirm only what you have verified against actual records.
This is a South Korea 2026 planning tool in KRW; the authority decides eligibility and payment.

Zero rating, post-purchase refund and exclusion

Zero rating is determined by legal conditions, not by choosing whichever result is larger.
The verified version of Article 105 applies the relevant equipment zero rating to supplies through December 31, 2028.
Check the law again for later supplies.

Who qualifies and which items need checking?

Verify farmer, forestry or fishery status under Restriction of Special Taxation Act Article 105-2 and Decree Article 6.
For the domestic purchases supported here, equipment must be bought from a general VAT taxpayer and used for its original agricultural, forestry or fishery purpose.
Business registration affects access to direct filing but does not establish all refund conditions.

• Film: specified greenhouse, nursery, crop-covering and fruit/tree-fruit uses, plus only the listed fixing accessories
• Pipes: limited to crop/livestock greenhouses or fruit/tree-fruit cultivation
• Packaging boxes: paper boxes for agricultural, forestry or livestock products; other materials need a different item review
• Shade nets: tobacco/shiitake drying or fruit, flower, vegetable, wildflower or mountain-vegetable cultivation
• Cold storage: agricultural/forestry produce facilities with floor area at most 17 m²

These are summaries of selected Annex 5 entries, not a complete list.
Use the other Annex 5 or Annex 6 category only after matching the full wording.
Check contracts, specifications and installation evidence with the cooperative instead of relying solely on an agricultural label in advertising.

What the inputs mean

Refund and cooperative-fee formulas

Fractional won in estimated VAT and fees are rounded down for comparison; verify the official form and cooperative settlement rounding.
The cap applies once per person per application, not separately to every item.
At 10% VAT, KRW 100 million of net supply value implies KRW 10 million VAT; KRW 100 million including VAT does not imply the same tax.

Any pending item, eligibility condition or invoice keeps the full refund and net payment pending.
Confirmed-row and pending-row subtotals remain separate so you can identify what needs work.
An ordinary input-VAT credit or current suspension also triggers a separate review message to help avoid duplicate or improper claims.

Two quarterly windows and payment references

Decree Article 9 uses the month after the purchase quarter or the following quarter ends.
The base agency date is day 10 and the base direct date is day 25.
They are not necessarily in the month immediately after purchase.
A September purchase belongs to Q3 and also has the following Q4 window.

The cooperative forwards applications within 15 days after the agency application deadline; the tax office refunds within 20 days after the application period ends; the cooperative distributes within 5 days after receiving the refund.
The agency calendar reference is base day 10 + 15 + 20 + 5 days; the direct reference is base day 25 + 20 days.
For the first window above, these are November 19, 2026 for the agency and November 14, 2026 for direct filing.
These are base-date references before holidays, extensions and corrections, not payment promises counted from personal submission.

Application steps and documents

1. Verify purchaser eligibility and actual use against the annex, specifications and transaction records
2. Review item names, quantities, supplier and invoice timing, and request missing evidence
3. Enter one same-date application batch using actual invoice VAT where possible and inspect pending conditions
4. Compare the agency route with direct filing if registered, then verify the applicable deadline
5. Save the review, prepare the required forms and retain submission and refund records

Worked examples

With an as-of date of October 30, 2026, the first base dates for the September purchase have passed.
The following base window is 72 calendar days away for the agency and 87 for direct filing.
These counts do not predict holiday extensions or future law; distinguish them from the actual accepted submission dates.

Practical ways to use the review

Recovery, suspension and scope limits

Off-purpose use, transfer to a person outside the eligible group, invoices without a real supply and other improper evidence can trigger recovery of refunded VAT plus an interest-equivalent amount.
Decree Article 10 uses refunded VAT × relevant days × 22/100,000; this tool does not calculate recovery liability.
Do not alter invoices yourself or claim the same transaction through overlapping mechanisms.

This version supports domestic purchases from February 27 through December 31, 2026 only.
Imports/customs, duty-free fuel, ordinary input-VAT returns, earlier purchases and subsidy settlements are outside scope.
Schedules shown in 2027 hold the current 2026 rules constant for these purchases.
Recheck annexes, documents, deadline treatment and any legal amendments before applying.

Frequently asked questions