Tax Flash No. 26/2012
Order 1790/2012 approving the template and content of Form 300 “Value Added Tax return” was published in Official Gazette 791/2012
- The Order approves the new template of Form 300 “Value Added Tax return” and the related instructions.
- The following amendments and completions were made to the Form:
- a new informative section containing the information regarding the non-chargeable VAT balance related to the operations subject to the VAT cash deferment system was introduced;
- the control lines between the VAT return and 394 informative statement were removed.
- New Form 300 shall be used for reporting the tax liabilities due starting 1 January 2013.
Order 1768/2012 approving the template and content of some forms used for the annulment of the VAT registration, for the application of the exemption regime provided by article 152 of the Fiscal Code was published in Official Gazette 795/2012
- Following the increase of the exemption threshold for small businesses from 35 000 euro to 65 000 euro, amendments regarding the template and content of the following forms were introduced:
- Form (096) “Statement regarding the VAT deregistration, for the application of the exemption regime provided by article 152 of the Fiscal Code”;
- Decision regarding the cancellation of the VAT registration for the application of the exemption regime provided by article 152 of the Fiscal Code.
Order 519/2012 approving the Guide for the application of the VAT cash deferment system was published in Official Gazette 792/2012
- The Guide represents an uniform collection of all legal provisions regarding the VAT cash deferment system providing clarifications and practical examples as regards this system.
