- A complaint was made about defective goods, and the seller acknowledged it.
- Instead of issuing a corrective invoice, the seller issued a credit note.
- Payment was refunded for part of the goods, which the buyer will dispose of.
- Part of the goods was exchanged for non-defective items.
- The deducted VAT should be corrected for the period when the correction conditions were agreed and met.
- A corrective invoice is not necessary for the VAT correction.
- Disposal of retained goods by the buyer is not considered a service to the seller.
- The exchange of goods should not be accounted for in VAT.
- Three issues to consider: timing of VAT correction, whether disposal is a service to the seller, and if the exchange is subject to VAT.
- Article 86 section 19a of the VAT Act regulates the rules for correcting deducted VAT.
- The buyer does not need a corrective invoice to make a correction.
- The buyer should not wait for a corrective invoice if the agreed correction conditions are met.
- The credit note should be recorded in the correction records.
Source: ksiegowosc.infor.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
