VAT invoices totalled 470 billion hryvnias
From January to October this year 128.7 thousand taxpayers have registered 43.1 million tax invoices. VAT amounts reached nearly 470 billion hryvnias, the press-office of the Ministry of Revenue and Duties reports.
Over 5 million documents out of a total number of registered forms are VAT invoices amounting to 10 thousand hryvnias.
Registering a tax invoice in the registry serves as some sort of protection of taxpayers against potential loss due to actions of counteragents. Thus, for 10 months of the current year the National Fiscal Service of Ukraine has issued, upon requests of both buyers and sellers, some 2.5 million excerpts from the uniform registry.
It is worth noting that obligatory registration of tax invoices in the uniform registry by VAT taxpayers – sellers was introduced on January 1, 2011.