Key Features of Compiling Consolidated Tax Invoices for Calculating Compensatory VAT

• In field 7 of the consolidated tax invoice, the price for fixed assets is based on the balance value at the start of the reporting period, and for goods, it is based on the actual purchase price
• The Tax Service in Dnipropetrovsk region reminds that tax liabilities must be calculated based on the tax base defined in the Tax Code and a consolidated tax invoice must be registered by the last day of the reporting period
• The tax base for non-current assets and goods imported into Ukraine is determined by the balance value at the start of the reporting period or the usual price if no accounting is available, and for goods/services, it is based on the purchase price but not lower than the contractual value, excluding customs value
• When preparing tax invoices, an X mark is made in the upper left part indicating the type of reason, specifically 13 for using production or non-production resources or other goods/services not in business activities
• Section B of the tax invoice is filled out according to the requirements specified in the tax 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.

---

---