From 1st to 30th April 2021 it is possible to submit the new VAT TR form to ask for refund or use in compensation the VAT excess accrued in the first quarter of the year. The form – in light of the notice issued by the Revenue Office on March 22, 2021 – has been updated to take account of the new compensation percentage provided for by Ministerial Decree of February 5, 2021. The model in its previous version will only have to be used for any adjustments to instances submitted before April 1, 2021.
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