Consequently, not reporting reverse charge transaction correctly in the VAT return when the taxpayer is allowed to deduct input VAT is a vital failure subject to a 5% penalty.
Source: essentiaglobalservices.com
Consequently, not reporting reverse charge transaction correctly in the VAT return when the taxpayer is allowed to deduct input VAT is a vital failure subject to a 5% penalty.
Source: essentiaglobalservices.com
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