- A VAT payer may not submit a declaration if there is no negative value from previous periods or supply volumes, but there are indicators for reflecting the tax credit.
- The right to include VAT amounts in the tax credit is valid for 365 calendar days from the date of issuing the tax invoice and adjustment calculations.
- Taxpayers must submit tax declarations for each reporting period with taxable objects or indicators subject to declaration.
- Tax credit accrual is independent of whether goods or services are used in taxable operations during the reporting period.
- Separate accounting of operations for acquiring goods or services must be reflected in VAT declarations.
- VAT declarations are submitted for periods with taxable objects or indicators subject to declaration.
- The declaration includes volumes of acquisition with or without VAT for goods, services, and non-current assets on the customs territory of Ukraine.
- If a taxpayer does not include VAT in the tax credit during the reporting period, the right to do so remains for 365 days from the date of the tax invoice or adjustment calculation.
- The declaration calculates the difference between tax liabilities and tax credit for the reporting period, including negative values from the previous period.
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.
