In September-October of the current year, tax authorities revealed more than 3,000 cases of discrepancies (worth 250 billion soums) in the VAT reporting.
“Discrepancies occurred mainly due to the fact that enterprises, not reflecting sales revenue in their VAT reporting, delivered goods or services. They issued invoices, but did not include these invoices in their sales registers. At the same time, buyers of goods or services indicated the received invoices in their tax reporting, in the register of purchases, and took into account the amounts of VAT reflected in the invoices of suppliers,” the STC press service said.
Thus, suppliers, hiding sales revenue, underpaid VAT to the budget. Also, cases have been identified, when buyers of goods or services without the presence of suppliers’ invoices or receiving invoices from suppliers that are not registered as VAT payers, took into account the amount of VAT, thereby reducing the amount of VAT payable to the budget.
So, 1,700 cases of hiding the sales volume of goods (services) were revealed, where the amount of VAT was 148 billion soums. In 1,300 cases, unjustified VAT offsetting in the amount of 70 billion soums were exposed.
In accordance with Article 114 of the Tax Code, taxes are charged for the amount of hidden (understated) revenue from the sale of goods (services). In addition, when revealing the facts of concealment of sales proceeds, Article 114 of the Tax Code provides for the application of financial sanctions to the taxpayer in the amount of 20% of the amount of concealed proceeds.
According to the presidential decree, buyers of goods (services) are not entitled to offset the VAT amounts on goods (services) received from suppliers, who are not registered as VAT payers. Taxpayers can avoid liability and do not pay 20% financial sanctions in the case of the submission of updated tax reports with the correction of errors and payment of the amount of taxes due.
“With the transition of a large number of business entities to VAT this year (about 60,000), many questions and errors arise when calculating VAT and preparing tax reports. Nevertheless, the tax authorities are ready to provide all kinds of support to taxpayers by giving advice directly, and through the consulting “Tax-service”. Consultations can also be obtained by calling the call center 1198,” the STC press service noted.
Representatives of the committee emphasized that the target task of the tax authorities at the current stage is to create partnerships with bona fide taxpayers.
