Tax Code Adjustment in Invoice: DPS Consultation on VAT Exemption Code Correction Process

• The State Fiscal Service advises on the inclusion of the tax exemption code in the adjustment calculation to the tax invoice
• If the tax exemption has expired by the date of returning the goods, the code mentioned in the tax invoice should be included in the adjustment calculation
• The procedure for filling out the tax invoice is approved by the Ministry of Finance
• The tax exemption code is indicated in column 9 of the tax invoice for transactions involving VAT-exempt goods/services
• The tax exemption code is based on the Tax Exemption Directory approved by the State Fiscal Service
• Corrections to tax obligations and errors in the tax invoice not related to changes in compensation amounts are handled by submitting an adjustment calculation
• The procedure for preparing and registering the adjustment calculation in the Unified Register of Tax Invoices is similar to that of regular tax invoices, with exceptions specified in the regulations

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.

---

---