The crisis resulting from COVID 19 and the imposed state of emergency put to a test many economic sectors. Irrespective of the situation, the obligations related to declaring and payment of VAT have not been changed, which made the companies face several challenges.
1. Delay of payments or nonpayment from clients
2. Change in contractual conditions
3. Implications from making donations
4. Destruction, shortage and scrapping due to force major
5. Sale at a loss
Source: afa.bg
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