VAT Return

A tax return must be submitted within 25 days of the end of each tax period, except the taxpayer registered pursuant to §5 or §6 who must submit tax returns when he is liable to pay tax under §69 during the tax period if:

The tax payer supplied goods that are exempted from tax under §43 or §47 during the tax period
The tax payer supplied goods under §45
The tax payer supplied goods under §45

Taxpayer is obliged to fill VAT Return statement by electronic means. Infor LN allows you to define the data that is required to generate and export VAT return statement file. The file name is generated automatically. However, you can modify the name.

When the VAT return statement is generated, three generated files are ready to be downloaded to local workstation/client. The XML file can be used for import the data into the official Financial Administration applications. PDF/FDF files can be used to view and/or print VAT Return Statement in proper structure.