- The amounts of VAT stated in the tax invoice affect the value of the S Excess indicator when registered in the ERPV without the actual implementation of the economic operation.
- Taxpayers have the right to register tax invoices and/or adjustment calculations in the Unified Register of Tax Invoices for an amount calculated according to the formula established by the Tax Code and the Procedure for Electronic Administration of VAT.
- The S Excess indicator is determined as the difference between the tax obligations for supply operations and the tax stated in the tax invoices, registered in the ERPV.
- The DPS automatically calculates the S Excess indicator after receiving the taxpayer’s report and reduces the registration amount accordingly.
- Taxpayers are required to issue and register tax invoices in the ERPV within the specified time frame.
- Correction calculations to the tax invoice can be registered in the ERPV by the supplier or the recipient of goods/services, depending on whether the compensation amount is increased or decreased.
Source: news.dtkt.ua
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.
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