Post by joita973 on Feb 12, 2024 6:20:34 GMT
The within the scope of the exemption mentioned in Article . This section applies to cases where the goods sold are used only for taxexempt activities and the taxpayer is not entitled to deduct input tax at the time of purchase. However it should be remembered that the seller should indicate Article of the VAT Act on reverse charges when issuing invoices. If the document does not contain information that the buyer or recipient of the attached goods is obliged to pay VAT then he or she is obliged to bear the tax consequences and collect VAT. New changes in the reverse charge mechanism starting from the date of year month and date.
According to the amendments to the ValueAdded Tax Law the product catalog in the attachment Cape Verde Email List has been expanded and we will apply the reverse charge procedure to them. Among others it has been extended to raw materials or semifinished products made of nonalloy steel with a thousandth of gold or more and investment in gold supply to electronic devices such as mobile phones including smartphones tablets laptops laptops and other portable computers. and video game consoles. Excludes parts and accessories. Unwrought aluminum. Unwrought lead. Unwrought zinc.
Unwrought tin. Unwrought nickel. to only active VAT taxpayers As stated earlier the reverse charge procedure is only subject to the conditions of the new Art. Purchasers of goods listed in Article of the ValueAdded Tax Law and the Annex to the ValueAdded Tax Law are active VAT taxpayers. However if the purchaser of the goods is exempt The taxpayer of VAT is obliged to settle the transaction in accordance with the general rules of Articles and of the Value Added Tax Act and Article of the VAT Act. Example The customer is an active VAT taxpayer and purchased a nonalloy steel rib plate. The seller then completes the transaction by issuing.
According to the amendments to the ValueAdded Tax Law the product catalog in the attachment Cape Verde Email List has been expanded and we will apply the reverse charge procedure to them. Among others it has been extended to raw materials or semifinished products made of nonalloy steel with a thousandth of gold or more and investment in gold supply to electronic devices such as mobile phones including smartphones tablets laptops laptops and other portable computers. and video game consoles. Excludes parts and accessories. Unwrought aluminum. Unwrought lead. Unwrought zinc.
Unwrought tin. Unwrought nickel. to only active VAT taxpayers As stated earlier the reverse charge procedure is only subject to the conditions of the new Art. Purchasers of goods listed in Article of the ValueAdded Tax Law and the Annex to the ValueAdded Tax Law are active VAT taxpayers. However if the purchaser of the goods is exempt The taxpayer of VAT is obliged to settle the transaction in accordance with the general rules of Articles and of the Value Added Tax Act and Article of the VAT Act. Example The customer is an active VAT taxpayer and purchased a nonalloy steel rib plate. The seller then completes the transaction by issuing.
