The State Tax Service explained tax return filing procedure using daily final results of the transactions which will be used from 1 January 2020.
Before 1 January 2020 in the line “Description of the Seller’s Goods/Services” of the tax return filed using daily final results of the transactions, the tax payers grouped goods and services in compliance with a certain code of goods according to the Ukrainian Commodity Coding System (UKTZED)/code of service according to the State Classifier of Goods and Services (DKPP). Meanwhile it is not obligatory to fill in lines 4, 5, 6 and 7 of the tax return.
Though tables in Chapter Б of the tax returns with daily results of the transactions, which will be filed after 1 January 2020, must be filled in accordance with the general rules, stipulated by the Tax Return Filing Procedure, approved by the order of the Ministry of Finance No 1307 of 31 December 2015.
In particular such rules stipulate filling in of the tables in Chapter Б of the tax return with a view to nomenclature of the supplied goods/services:
Line 2 shall include description (nomenclature) of the seller’s goods/services;
Line 3.1, 3.3 — code of goods in accordance with UKT ZED or code of services according to DKPP;
Lines 4 and 5 — unit of measurement of goods/services;
Line 6 — number (volume, amount) of the supplied goods/services;
Line 7 — price of supply of one unit of goods/services, net of VAT;
Line 8 — code of the rate;
Line 10 — supply amount (taxation base), net of VAT;
Line 11 — VAT amount.
It means that it will be necessary to fill in all lines of tables in the tax return, including lines 4, 5, 6 and 7.
Source: Individual Tax Consultation of 28 November 2019 No 1639/5/99-00-07-03-02-16/ІПК
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