Purchased imported goods were stolen outside the customs territory of Ukraine – charge VAT liabilities when writing off such goods?

INK GNS No. 4541 / IPK / 99-00-05-06-02-06 dated 04.11.2020

The State Tax Service of Ukraine considered an appeal on the need to calculate tax liabilities for VAT in accordance with cl. “G” p. 198.5. Of the Code in case of an operation to liquidate (write off) goods in connection with its theft outside the customs territory of Ukraine and, … informs

As indicated in the appeal, the taxpayer, on the basis of an external economic contract, purchases goods (foreign-made alcoholic beverages) in a non-resident person on the terms of EXW Italy (Incoterms 2020), followed by its import into the customs territory of Ukraine and customs clearance under the customs regime of import for sales in the customs territory of Ukraine. According to the terms of the contract, the ownership of the goods and the risk of accidental loss of the goods passes to the buyer at the time of transfer of the goods by a non-resident outside the customs territory of Ukraine. In connection with the theft of goods outside the customs territory of Ukraine, such goods were not imported into the customs territory of Ukraine, their customs clearance was not carried out, and the payer wrote off the cost of the purchased goods.

Source Lightbuhgalteria

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