- Introduction of Pre-Filled VAT Returns: Serbia has amended its VAT Law to introduce pre-filled VAT returns, which consist of data related to goods turnover, services, imports, and other transactions affecting VAT liability, as published in the Official Gazette no. 94/2024.
- Submission Requirements: VAT taxpayers will be required to submit their VAT returns alongside the pre-filled returns generated by the System of Electronic Invoices (SEF). If a taxpayer fails to submit their return on time, the tax authority may consider the preliminary return as final.
- Implementation Timeline: The law became effective on December 15, 2024, but the provisions for pre-filled returns will start applying from the VAT period of January 2026. Additionally, the requirement to submit a summary of VAT calculations using the POPDV form will be abolished with the implementation of the pre-filled return provisions.
Source Sovos
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