Post by account_disabled on Mar 14, 2024 8:18:22 GMT
VAT alleviates these requirements by changing the content of Art. Section Value Added Tax Law Article. The reduction of the tax base will take place during the settlement period in which the taxpayer issues a corrected invoice provided that the taxpayer has documents showing that he has agreed with the purchaser of the goods or services recipient on the conditions for the reduction of the tax base. When these goods are supplied or these services are provided, this shall be noted in the invoice. Correct the invoice to match the documentation provided in the invoice. If a taxpayer does not have the above documentation for a given settlement period.
Its tax basis will be reduced for the settlement period in which it is provided with the documentation. The essence of the facilitation is therefore to eliminate the need for taxpayers to try every time to obtain AWB Directory confirmation of receipt of corrected invoices. However in this case the importance of other documents will increase especially business correspondence with the contractor. The document must indicate that the contractor is aware of and accepts the terms of the transaction resulting from the corrected invoice if agreed with the contractor. It should be assumed that such document may still be a corrected invoice with receipt acknowledgment as before.
Remember to make similar changes to buyers who have been issued corrected invoices. Therefore the new wording according to Art. Section Pursuant to Article 1 of the Value Added Tax Law, the purchaser of goods or services is obliged to reduce the amount of input tax at the time of settlement during the period of settlement of the conditions specified in the corrected invoice for reducing the tax base of the supply of goods or services. agree. The buyer may therefore be obliged to correct input tax regardless of whether he has received the corrected invoice. Includes time to correct invoices. Modifying the settlement rules for invoices will result.
Its tax basis will be reduced for the settlement period in which it is provided with the documentation. The essence of the facilitation is therefore to eliminate the need for taxpayers to try every time to obtain AWB Directory confirmation of receipt of corrected invoices. However in this case the importance of other documents will increase especially business correspondence with the contractor. The document must indicate that the contractor is aware of and accepts the terms of the transaction resulting from the corrected invoice if agreed with the contractor. It should be assumed that such document may still be a corrected invoice with receipt acknowledgment as before.
Remember to make similar changes to buyers who have been issued corrected invoices. Therefore the new wording according to Art. Section Pursuant to Article 1 of the Value Added Tax Law, the purchaser of goods or services is obliged to reduce the amount of input tax at the time of settlement during the period of settlement of the conditions specified in the corrected invoice for reducing the tax base of the supply of goods or services. agree. The buyer may therefore be obliged to correct input tax regardless of whether he has received the corrected invoice. Includes time to correct invoices. Modifying the settlement rules for invoices will result.