- To remove an excess tax invoice that should not have been included in the consolidated tax invoice with an incorrect number, a correction calculation is made
- In the correction, the corresponding line in the consolidated tax invoice showing the excess tax invoice is zeroed out
- According to the regulations set by the Ministry of Finance on December 31, 2015, tax obligations are calculated separately for transactions that are not taxable, exempt from taxation, within the taxpayer’s balance, or not part of the taxpayer’s business activities
- Consolidated tax invoices must be prepared no later than the last day of the reporting tax period
- The feature code in the consolidated tax invoice column indicates whether the tax obligations are calculated according to specific sections of the tax code
- Dates and serial numbers of the tax invoices issued to the taxpayer are indicated in the consolidated tax invoice for determining tax obligations
- If there is an error in the consolidated tax invoice that does not affect the supply volumes or change the tax obligations, such as an incorrect tax invoice number, a correction calculation is made to zero out the line with the incorrect entry
- This correction calculation includes a reason code for the adjustment
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.
