During what period are VAT tax liabilities determined, provided for in clause 198.5 of Art. 198 PCs, for goods that were purchased with VAT before the start of the use of the simplified system with tax features and used during the period of application of the simplified

The main administration of the DPS in Kyiv reports that for goods, non-current assets that were purchased/manufactured/imported to the customs territory of Ukraine with VAT before the start of the use of the simplified system with tax features and used (supplied, sold) during the period of application of the simplified system with peculiarities of taxation, tax obligations provided for in Article 198.5. 198 of the Tax Code of Ukraine, accrued during August – October 2023, but no later than October 31, 2023.

Source: kyiv.tax.gov.ua