Post by account_disabled on Feb 22, 2024 1:59:15 GMT -5
The of the Investment Council and must follow the standard data format of the tax authority. According to Decision No. QDTCT dated October of the Director General of the General Department of Taxation issued Regulations on components containing einvoice data and methods of transmission and reception with tax authorities In case of selling goods and services that are not subject to VAT. When creating an invoice taxpayers choose the value KCT for subjects not subject to VAT.
Accordingly software for creating einvoices has a Italy Phone Numbers List design for the KCT NNT value tax rate. Select item KCT VAT tax rate when selling goods and services that are not subject to VAT. In addition in the tax section taxpayers do not enter data in this section. Case Goods and services are not required to declare and pay VAT. When making an invoice the taxpayer selects the value KKKNT. In case Selling goods and services subject to a tax rate of or contractor tax when making an invoice the taxpayer selects the value KHACAB.CD.
Notes when issuing electronic invoices for organizations and individuals purchasing goods the seller has issued the invoice the buyer has received the goods but later the buyer discovers that the goods do not comply with specifications and quality. must return all or part of the goods In case The buyer is a business establishment that uses invoices then when returning the goods the buyer issues an invoice and gives it to the seller. The invoice must state the quantity of returned goods tax amount return tax rate and VAT. the buyer and seller declare and adjust the output and input VAT revenue. Case The buyer is not a business establishment the seller cancels the electronic invoice and notifies the tax authority of the invoice cancellation. Declare and adjust the output VAT revenue reduction.
Accordingly software for creating einvoices has a Italy Phone Numbers List design for the KCT NNT value tax rate. Select item KCT VAT tax rate when selling goods and services that are not subject to VAT. In addition in the tax section taxpayers do not enter data in this section. Case Goods and services are not required to declare and pay VAT. When making an invoice the taxpayer selects the value KKKNT. In case Selling goods and services subject to a tax rate of or contractor tax when making an invoice the taxpayer selects the value KHACAB.CD.
Notes when issuing electronic invoices for organizations and individuals purchasing goods the seller has issued the invoice the buyer has received the goods but later the buyer discovers that the goods do not comply with specifications and quality. must return all or part of the goods In case The buyer is a business establishment that uses invoices then when returning the goods the buyer issues an invoice and gives it to the seller. The invoice must state the quantity of returned goods tax amount return tax rate and VAT. the buyer and seller declare and adjust the output and input VAT revenue. Case The buyer is not a business establishment the seller cancels the electronic invoice and notifies the tax authority of the invoice cancellation. Declare and adjust the output VAT revenue reduction.