- Starting July 1, 2024, Lithuania will transition its e-invoicing system for business-to-government transactions to the General Account Administration Information System (SABIS), replacing the E. sąskaita platform.
- The transition to SABIS will be implemented in stages, with real data being used from July 1 to August 31. Initially, institutions will connect to SABIS and manage account data, users, and contracts. Invoices based on verbal contracts will be submitted and accepted after coordination between buyers and suppliers. Full operation begins on September 1, and the “E. account” platform will be unavailable from August 30.
- Invoices based on verbal contracts exceeding EUR 1,000 without VAT must be submitted through SABIS initially, and from January 1, 2025, all such invoices must be submitted through SABIS. Training materials and an educational environment will be available to help users familiarize themselves with SABIS.
Source SNI
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Lithuania"
- Application of Personal Income Tax Rules to VAT Payers Using the Small Business Scheme in Lithuania
- EU Finance Ministers Discuss VAT Data Access, Market Integration, Ukraine Aid, and Anti-Fraud Measures
- Commentary on the Law of Value Added Tax of the Republic of Lithuania (2004–2026)
- Lithuania Extends Cash Register Model Examination Deadline and Clarifies Compliance Procedures to 2028
- ECJ VAT C-544/24 (Nekilnojamojo turto valdymas) – Judgment – Fixed default VAT interest acceptable, does not violate proportionality
