OFFICIAL LETTER 1690/TCT-CS DATED 08 MAY 2018 OF GDT GUIDING VAT FOR INVOICES OF WRONG ISSUANCE TIME
Official letter 1690/TCT-CS dated 08 May 2018 of GDT guiding VAT for invoices with wrong issuance time:
For input invoices issued by the subcontractor late for the company, the tax office shall clarify the reasons on the basis of verifying the actual situation of the pre-acceptance test, hand-over and payment and issuing VAT invoices for construction items, installation.
In case, the sub-contractors have fully declared and paid VAT amounts on the added value invoices after the take-over and handover points of the items or works; The VAT amount stated in the added value invoices is the input VAT on goods and services used for production and trading of goods and services subject to VAT of the company, the company is entitled to declare and deduct input VAT.
Contractors are administratively sanctioned for acts of making invoices not at the right time and late payment for late tax payment.
