In accordance with paragraph 198.1 of the TCU, the tax credit includes the amount of tax paid / accrued in the case of transactions, in particular, from:
- purchase or manufacture of goods and services;
- import of goods and / or non-current assets into the customs territory of Ukraine.
Source: visnuk.com.ua
Latest Posts in "Ukraine"
- How Contractors Can Opt Out of Cash Method for VAT in Construction Contracts
- VAT Taxation Procedure for Sale of Pledged Property by Non-Financial Creditors in Ukraine
- VAT Implications for Resident Buyers Receiving Credit Notes as Monetary Rewards from Non-Residents
- VAT Exemption on Pawned Property Sales by VAT Payers: Conditions and Regulations Explained
- Adjustment of Tax Liabilities and Credits in VAT Declaration for Reporting Period
