In the case of write-off of goods purchased with VAT for use in taxable transactions, compensating sales tax from VAT is calculated, if the value of such goods is not included in the cost of other finished products, the supply of which is subject to taxation
Source: news.dtkt.ua
Latest Posts in "Ukraine"
- VAT Taxation Procedure for Sale of Pledged Property by Non-Financial Creditors in Ukraine
- VAT Implications for Resident Buyers Receiving Credit Notes as Monetary Rewards from Non-Residents
- VAT Exemption on Pawned Property Sales by VAT Payers: Conditions and Regulations Explained
- Adjustment of Tax Liabilities and Credits in VAT Declaration for Reporting Period
- Property Transfer to Charter Capitals: VAT Implications During Taxpayer Reorganization