How to amend Purchase Confirmations and file VAT returns for post-export returns (negative tax invoices)

Question

1. I am inquiring whether a Purchase Confirmation must be amended if a return is processed via a negative tax invoice for an export that occurred some time ago. 2. If the Purchase Confirmation is left unchanged, can I simply report the total amount including the negative amount during the VAT filing?

tflow_expert · Accepted Answer

1. If a supply is canceled after a Purchase Confirmation has been issued, the Purchase Confirmation must be canceled. Furthermore, considering that a certain margin of error is allowed when discrepancies arise between the tax invoice amount and the actual amount due to changes in purchase prices or exchange rates after issuance, a revised issuance should be made if the return amount is significant. 2. Regardless of whether the Purchase Confirmation is modified, any modified tax invoices (due to partial returns) must be included and reported when filing VAT for the tax period to which the issuance date belongs.

How to amend Purchase Confirmations and file VAT returns for post-export returns (negative tax invoices)

Answer 1

Write an answer

Comments 0