Official letter 16873/CTBDU - TTHT instructions for handling illegal invoices are as follows:
In case, the Company signs an economic contract with the counterparty to perform economic transactions, but through verification with the competent authority, the counterparty has absconded and does not operate at the registered address. Applications and documents that the counterparty has issued to the Company shall be handled as follows:
In case the invoices and documents of the partner party arise before they run away (If it is proved that the arising transactions are real, the documents are provided as prescribed), VAT will be deducted and included in the cost. deductible when determining CIT
In case the Company cannot prove that the transactions arising with the counterparty are real, it is not allowed to deduct VAT and not be included in the deductible expenses, and at the same time, it will be administratively sanctioned for using illegal invoices. legally from 20,000,000 to 50,000,000 according to regulations
In the case of invoices and vouchers of the partner party arising after the escape, VAT shall not be deducted and shall not be included in deductible expenses when determining CIT. In case of purchase invoices, goods and services that have not been declared shall not be declared. If it has been declared, it must declare the reduction of VAT which is deducted and adjust the CIT finalization declaration
