Fiscal subject related
Content
Here's a detailed description of the process and the use of these forms:
Legal Conditions
- Legal Basis: The exemption from VAT for diplomatic missions is regulated by the VAT Law. Diplomatic missions and their employees can claim a VAT refund under certain conditions.
- Registration: Diplomatic missions must be registered with the competent tax authorities in Serbia and must have approval for VAT exemption.
Process Steps
- Obtaining Forms: The diplomatic mission or employee must obtain the SNPDV or LNPDV form from the competent tax authorities.
- Filling Out the Form: The form is filled out by the buyer (diplomat or employee at the diplomatic mission), detailing the purchase, including a description of the goods or services and the total value.
- Form Confirmation: After filling it out, the form is sent to the diplomatic mission for confirmation and stamping.
- Submitting the Form to the Seller: The buyer submits the confirmed form to the seller at the time of purchase.
- VAT-Free Sale: Based on the form, the seller carries out the sale without charging VAT. An invoice should be issued clearly showing the VAT exemption.
SNPDV and LNPDV Forms
- The SNPDV form is used for a certificate of VAT non-payment for B2B purchases.
- The LNPDV form is used for a certificate of VAT non-payment for B2C purchases.
Both forms should contain:
- Buyer's information (name, surname, position, diplomatic mission)
- A detailed description of the purchased goods or services
- Total transaction value, excluding VAT
- Date of purchase
- Signature and stamp of the diplomatic mission
Seller's Actions
Upon receiving a completed and confirmed form, the seller should:
- Verify the validity of the form (date, signature, stamp).
- Proceed with the sale without charging VAT.
- Keep a copy of the form as proof of the VAT-free sale for tax purposes.
Tax Exemption
The exemption from VAT is conducted based on the submitted and confirmed forms. The seller is required to maintain records of all transactions made using SNPDV and LNPDV forms and to present them to tax authorities during tax inspections or requests.
Conclusion
The diplomatic sales process in the context of new fiscalization requires adherence to the mentioned steps and proper use of the SNPDV and LNPDV forms to ensure compliance and facilitate VAT exemptions for eligible diplomatic purchases.
Other news from Serbia
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Handling temporary store closures in Serbia: required steps
There are a few required actions in Serbian fiscalization in the event that a retailer's location is just temporarily closed (i.e., business premises temporary closure). The steps to be taken are as follows... Read more
Reporting data using the EZPPPDV form for VAT payers in Serbia
The first deadline for reporting data in the form EZPPPDV for VAT payers in Serbia whose tax period is a calendar quarter instead of a calendar month is approaching. The Tax Administration has published a notice for sellers—VAT payers, who are also liable for fiscalization—that the deadline for reporting data in the EZPPPDV Form is seven days from the end of the tax period in which the certified original of the passenger's request for a VAT refund was received. Read more
Is there any legal limitation on when you should start using the new certified ESIR in Serbia?
If you already have a certified ESIR solution in Serbia and have changed the fiscal version of the ESIR software, you should apply for a new certification and get approval to use the new software. Once the recertification is complete, the question is: when are you obligated to switch to the new version? This answer depends on two cases. As it is the new version of the same ESIR, you can use the pr... Read more
Differences in ESIR certification: Serbia vs. Republic of Srpska
The first and most important thing is that in the Republic of Srpska, the categorization of producers of electronic fiscal devices (EFU) has been introduced; it is divided into operators and suppliers. Let's delve deeper into this topic! Read more
New document was uploaded: Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more