How does it affect?
Posted: Tue Dec 17, 2024 8:54 am
What does it affect?
The establishment of a VAT rate = 0% (subject) for certain operations carried out between 03/24/2020 and 07/31/2020.
A reduction to 4% for cultural VAT.
To the renunciation of modules for the year 2020.
Who does it affect?
To those who sell/acquire/import medical supplies, provided that pakistan phone number data the recipients of this material are non-profit public entities, clinics and hospitals, and private social entities.
To consumers of cultural content.
To those covered by the Simplified Regime or the Agriculture, Livestock and Fishing Regime.
On the invoice:
It is treated as an exempt transaction.
In model 303 it is temporarily declared as follows at a rate of 0%:
For domestic deliveries:
Other non-taxable or exempt operations with the right to deduction – Box 106.
Domestic acquisitions, exempt intra-Community acquisitions and exempt imports are not reflected.
In model 390, it is temporarily declared as follows at a rate of 0%:
For domestic deliveries:
Exports and other exempt operations with the right to deduction – Box 203.
Domestic acquisitions, exempt intra-Community acquisitions and exempt imports are not reflected.
In form 349, these intra-community acquisitions will continue to be declared exempt as is already the case.
In the SII: they are also declared with the same coherence:
Record book of issued invoices:
Domestic deliveries, as an exempt operation.
Record book of invoices received:
Domestic acquisition: as an exempt operation.
In AIB and imports, in the LRFR also as exempt operations.
Reduction to 4% for cultural VAT.
Modules:
Modification of calculation:
Change in the calculation of the simplified quarterly VAT rate, not counting as days in each calendar quarter, the calendar days included in the declaration of the state of alarm.
First quarter 2020:
If I have not yet submitted Form 310, it is submitted excluding the days of the state of alarm from the calculation (maximum until 01/06/2020).
If I have already submitted it, and the result has been to enter:
This is done through a written document, explaining that the settlement for the first quarter has already been submitted, and the document itself records the modification made, without the need to submit Form 310 again.
The establishment of a VAT rate = 0% (subject) for certain operations carried out between 03/24/2020 and 07/31/2020.
A reduction to 4% for cultural VAT.
To the renunciation of modules for the year 2020.
Who does it affect?
To those who sell/acquire/import medical supplies, provided that pakistan phone number data the recipients of this material are non-profit public entities, clinics and hospitals, and private social entities.
To consumers of cultural content.
To those covered by the Simplified Regime or the Agriculture, Livestock and Fishing Regime.
On the invoice:
It is treated as an exempt transaction.
In model 303 it is temporarily declared as follows at a rate of 0%:
For domestic deliveries:
Other non-taxable or exempt operations with the right to deduction – Box 106.
Domestic acquisitions, exempt intra-Community acquisitions and exempt imports are not reflected.
In model 390, it is temporarily declared as follows at a rate of 0%:
For domestic deliveries:
Exports and other exempt operations with the right to deduction – Box 203.
Domestic acquisitions, exempt intra-Community acquisitions and exempt imports are not reflected.
In form 349, these intra-community acquisitions will continue to be declared exempt as is already the case.
In the SII: they are also declared with the same coherence:
Record book of issued invoices:
Domestic deliveries, as an exempt operation.
Record book of invoices received:
Domestic acquisition: as an exempt operation.
In AIB and imports, in the LRFR also as exempt operations.
Reduction to 4% for cultural VAT.
Modules:
Modification of calculation:
Change in the calculation of the simplified quarterly VAT rate, not counting as days in each calendar quarter, the calendar days included in the declaration of the state of alarm.
First quarter 2020:
If I have not yet submitted Form 310, it is submitted excluding the days of the state of alarm from the calculation (maximum until 01/06/2020).
If I have already submitted it, and the result has been to enter:
This is done through a written document, explaining that the settlement for the first quarter has already been submitted, and the document itself records the modification made, without the need to submit Form 310 again.