Recovery of VAT from advance payment when goods are shipped and received in different quarters

• The organization paid an advance for future delivery and deducted VAT from it.
• The seller shipped the prepaid goods in one tax period, while the buyer recorded them in the next period.
• The Ministry of Finance states that the buyer should recover the advance VAT in the tax period when the seller shipped the goods.
• The timing of the buyer’s acceptance of the prepaid goods does not matter in this case.

Source: glavkniga.ru

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---