Changes to the rules on va
On December 24, 2021, the Rulebook on Value Added Tax was adopted and published in the Official Gazette No. 127/2021. The Rulebook entered into force on December 25, 2021. Amendments to the Rulebook are aimed at harmonizing the rules on the issuance and content of VAT invoices with the new regulations on electronic invoicing and regulations on fiscalization.
- If the VAT invoice is issued through the system of electronic invoices, it does not have to contain information on the place of issuance of the invoice.
- The date of advance payment is prescribed as a new mandatory element of the advance account.
It is prescribed that a fiscal invoice issued by a VAT payer that records transactions via an electronic fiscal device in accordance with the law governing fiscalization, is considered an invoice in terms of the Law on VAT. In order to enable adequate application of this new rule, it is prescribed that a fiscal invoice issued in accordance with the law governing fiscalization, which contains information on the PIB of the recipient of the fiscal invoice, does not have to contain other information prescribed by the VAT Law and Rulebook, which are not mandatory in accordance with the regulations governing fiscalization.