The management of Value Added Tax helps increase the Government budget revenues while assures the efficiency in operating business of companies. The late refund of input tax will lead to the increase of cost of capital, as a result it also heavily influences the efficiency in operating of seafood processing and export companies, especially during the international competitiveness. This article studies the situation of the Value Added Tax refund of seafood processing and export companies in Khanh Hoa province. Based on this research, some orientations for management: To permit export companies to receive Value Added Tax refund when any input tax incurred
To should not be allocated to inventory
To be balanced with other tax duties
To develop a software which cross - checks the bills between buyer and customer.