The State Tax Service is introducing a new tool for VAT payers – the so-called “road maps” that will help businesses correctly fill out the Data Table and avoid blocking tax invoices. The State Tax Service press service informed Mind about this. According to the Acting Head of the State Tax Service Lesya Karnaukh, even minor technical errors can lead to the suspension of registration of tax invoices. At the same time, thanks to the measures already implemented, the blocking rate has been reduced to 0.1–0.15%. The new tool should further simplify the work of honest businesses.
“Sometimes even one minor error is enough to stop the process. We are taking the next step to facilitate the work of businesses. So that technical errors do not stop the work of honest payers,” Karnaukh noted.
What do the “road maps” entail?
The State Tax Service analyzed practical cases, requests from business associations and the specifics of various industries and prepared step-by-step recommendations for filling out the VAT Payer Data Table. The data table is a generalized information about:
codes of types of economic activity (KVED);
codes of goods (UKTZED);
codes of services (DKPP), which the payer supplies or produces.
It is most relevant for:
production and processing sectors;
construction;
services;
agricultural sector.
How to submit the Data Table correctly
Submission of the document has a number of mandatory requirements:
the table is submitted together with an explanation, where the activity is described with a reference to the reporting;
submission is carried out exclusively in electronic form;
separate tables can be submitted for different types of activity;
the table is not submitted again for codes that have already been taken into account;
if necessary, copies of supporting documents can be added.
What should the explanation contain
In order for the State Tax Service Commission to make a positive decision, the payer must disclose its activities in detail. The explanation must indicate:
information about the enterprise and the specifics of the work;
availability of labor resources;
material resources (fixed assets, transport, land, machinery);
permits (licenses, permits);
references to tax and financial reporting.
Why the table may not be taken into account
Among the typical reasons for refusal:
lack of explanation or its formality;
lack of references to reporting;
undisclosed content of business transactions;
lack of staff or too low level of salaries;
inconsistency of the payer’s data with the information in the State Tax Service systems.
For example, an agricultural producer submits a table, but does not have declared land or machinery, or a company generates a tax credit for transactions not related to its main activity. “Roadmaps” are already available on the State Tax Service web portal and contain practical recommendations for businesses on avoiding errors when submitting the Data Table.
