- Ukraine’s DPS clarified that for used goods bought from non-VAT-registered sellers, VAT applies only to the positive margin: selling price minus purchase price.
- “Used goods” must generally have been in use for at least one year and be suitable for further use; special rules apply to vehicles.
- VAT liability follows the standard first-event rule: shipment date or payment receipt date, whichever comes first.
- To use the margin method, businesses must prove the goods are used and were bought from a non-VAT taxpayer through proper documents.
- Without sufficient evidence, tax authorities may treat the goods as new and charge VAT on the full sale price.
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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