The amount indicated in line 20.1 of the VAT return to be credited to the reduction of the VAT tax debt is credited to the ICP on the deadline for filing the VAT return and is used exclusively to repay the VAT tax debt.
Source: news.dtkt.ua
Latest Posts in "Ukraine"
- Ukraine Plans VAT for Entrepreneurs, Ends Parcel Exemptions: Impact on Business and Consumers
- VAT Registration Cancellation: Rules, Application Procedure, and Key Deadlines for Taxpayers
- How to Correct VAT Invoice Errors When Buyer Turns Out to Be a VAT Payer?
- Calculation of Supply Volume for VAT Registration under Commission Agreements in Ukraine
- VAT Deregistration: What Happens to the Cash Method for Tax Obligations?
