The head office of the DPS in Kyiv informs that in accordance with para. 69.29 clause 69 subsection. 10 ch. XX “”Transitional Provisions”” of the Tax Code of Ukraine, VAT amounts included in the tax credit when carrying out transactions for the purchase of goods that were subsequently destroyed, (lost) due to force majeure during the period of martial law, are not included in the calculation of the amount of the budget reimbursement.
Such amounts of VAT are included in the tax credit of the next reporting (tax) period until they are fully repaid at the expense of tax liabilities.
Source: kyiv.tax.gov.ua
Latest Posts in "Ukraine"
- Extract from VAT Payers Register: Requirement or Right?
- When Can VAT Payer Registration Be Cancelled: Main Grounds and Procedures
- Is Obtaining an Extract from the VAT Payers Register Mandatory in Ukraine?
- Moratorium Proposed on Mandatory VAT Registration for Sole Proprietors with Income Over 1 Million UAH
- VAT Payer Deregistration in Ukraine: Key Rules, Application Process, and Consequences
