According to the statement of the Tax Office Digital Announcements Circular, offsetting is expected to continue in the VAT withholding, which is eagerly awaited by the iron and steel industry.
The following information was included in the statement made on the Tax Office Digital Announcements Circular website:
To prevent inadvertent declaration of incorrect amounts in the Value Added Tax declaration No. 1
For this purpose, three new controls have been started as of the January/2024 taxation period.
Checks to be made:
1. VAT Paid on Imports
In the "110-VAT Paid on Imports" section in the "Discounts" table in the Discounts section,
Checking the amount written against our records has also started at the declaration stage. To this section
The amount written is the payment amount received from the General Directorate of Accounting in the relevant period.
should not exceed.
2. Fee for Delivery and Services Collected by Credit Card
VAT on Deliveries and Services Collected by Credit Card in the Result Accounts section
While checking the amount written in the "Included Provision" field,
In addition to the amount information of sales made using the POS devices provided, Türkiye
Data obtained from the Payment and Electronic Money Institutions Association (TÖDEB)
will start to be used. The amount to be entered in the relevant field is POS notification notified by banks.
It should not be less than the sum of the data and the data reported by TÖDEB.
3. Certain Law No. 7491 published in the Official Gazette No. 32413 dated 28/12/2023 and
Within the Scope of the Law on Amendments to Decree Laws
Regulations Regarding VAT Paid as Responsible
Amendments made to the Value Added Tax Law No. 3065 with Law No. 7491
declared as responsible by those who are held responsible for withholding taxes
VAT reduction in VAT Declaration No. 1 is subject to payment condition. January/2024
Withheld by those held responsible for withholding taxes starting from the taxation period
The VAT declared with the VAT Declaration No. 2 is valid for the taxation period in which it is paid.
The relevant discount will be made in the VAT Declaration No. 1.
Based on this, in the Discounts table in the Discounts section, "109-Responsible
The name of the "Declared VAT" field is "109-VAT Declared and Paid as Responsible"
has been changed.
In this section, discounts can be made with the "109-VAT Paid Declared as Responsible" option.
"109-Relating to VAT Paid as Responsible", which has been newly added to the "Appendixes" section of taxpayers.
It is required to fill in the "Notification" table.
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