Serbia’s Ministry of Finance has extended the no-penalty period for VAT reporting errors via the SEF system until December 31, 2025, giving businesses more time to adjust to electronic invoicing without fines. Effective July 1, 2025, new rules also require credit and debit notes to specify both the adjustment date and issuance date, as outlined in Official Gazette No. 56/2025.
Serbia extends the grace period for VAT reporting mistakes in SEF until the end of 2025.
Public
Serbia
Author: Ivana Picajkić
Category:
Fiscal subject related
Views:
61
Content accuracy validation date:
05.08.2025
Content accuracy validation time:
09:34h
The Serbian Ministry of Finance has extended the period during which it will not impose fines for mistakes in VAT reporting through the SEF (electronic invoicing system).
Important information:
- No penalties for VAT errors in SEF reports until December 31, 2025,
- This applies to any discrepancies in VAT data submitted electronically,
- After this date, fines may be introduced again.
This extension comes from changes to the Rulebook on Electronic Invoicing, published in the Official Gazette No. 56/2025, and effective July 1, 2025.
Background:
- The original grace period was from January 1 to June 30, 2025, based on a rule published in Official Gazette No. 107/2024,
- The newly amended rule extends that leniency through the end of 2025.
New requirement for credit and debit notes (from July 1, 2025):
-
Taxpayers must now include:
- The date when the increase or decrease occurred, and
- The date the credit or debit note was issued.
These changes aim to give businesses more time to adapt to the SEF system without the risk of penalties while tightening documentation rules for adjustments.
Other news from Serbia
Serbia Introduces Mandatory Electronic Delivery Notes
Public
Serbia
Author: Ivana Picajkić
Serbia
Author: Ivana Picajkić
Serbia has adopted a new law mandating the use of electronic delivery notes for goods transport. Starting January 1, 2026, public sector transactions and private-to-public deliveries must use e-delivery notes, with B2B exchanges joining from October 1, 2027. Notes must be issued before transport, submitted via a centralized system in XML format, and confirmed by recipients within set deadlines, wi... Read more
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Fiscalization of Sales Without Fee in Serbia: When and How to Record It
Serbia
Author: Tara Nedeljković
In Serbia, sales without a fee ("promet bez naknade") must still be recorded via an electronic fiscal device if they are equated with regular sales under VAT law—such as when goods are given free of charge but input VAT was deducted, or services are provided free for non-business purposes. Fiscal receipts for such transactions must include specific elements: "00:" before the item name, a non-cash payment method, and a notice in the Advertising section stating it is a free-of-charge sale. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New webinar was uploaded: Recorded webinar: Fiscalization and online sales in European countries
Author: Nikolina Basić
On May 15th, 2025, Fiscal Solutions organized a free webinar on the topic of "Fiscalization and online sales in European countries". The webinar was held by Fiscal Solutions Legal Consultant Nikolina Basić. Let’s delve deeper into this topic! Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: Q& A from the webinar: Fiscalization and online sales in European countries
Author: Nikolina Basić
On May 15th, 2025, Fiscal Solutions organized a free webinar on the topic of "Fiscalization and online sales in European countries". The webinar was held by Fiscal Solutions Legal Consultant Nikolina Basić. Let’s find out more about answers to questions asked during the webinar. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login