Mortal Kombat Secrets or Registration of Correction Calculations to VAT Invoices ~ U-Tax Blog

Monday, February 20, 2012

Mortal Kombat Secrets or Registration of Correction Calculations to VAT Invoices

At the meeting with the representatives of the State Tax Service of Ukraine (held on 1 February 2012 at the EBA office) the tax officers shared the technical secrets of the registration of certain correction calculations in the Unified Register of VAT Invoices.

The «recipe» is so intricate that reminded me the secrets and codes to Mortal Kombat, the most remembered fighting computer game I used to play in my childhood. Those secrets involved the complicated combinations of joystick buttons that activated the new hidden possibilities of the game.

Almost the same you are supposed to do while registering the correction calculation to the VAT invoices issued in 2011 and not registered with the Unified Register of VAT Invoices. This, for example, is concerned with the VAT invoices that were not subject to the registration in 2011 due to their insufficient amounts of VAT, but became registerable as from 1 January 2012 when more severe requirements as to the registration of VAT invoices came in force.

Initially, you register the VAT invoice and obtain the message that “the VAT invoice registration failed”. Then you neglect this message and proceed with the registration of the correction calculation, which ought to be sent for the registration within the same operation day.

The system compares the particulars of the VAT invoice and the correction calculation and finally register them in the Unified Register of the VAT Invoices.