The value added tax settlement provided in this order shall be submitted starting with the declaration of fiscal obligations related to the month of July 2010.
According to the instructions for the filling in of the settlement statement, under line 9 “Supply of goods and provided services charged at a rate of 24%” and line 21 respectively “Acquisition of goods and services charged at a rate of 24%” there shall also be included the adjustments to the tax base provided under art. 138 of the Fiscal code for which the tax eligibility is applied during the reporting period, if they have been generated by operations for which the value added tax quota applied is 24%. This regards mainly the discount invoices granted after shipment/services provided, but also the invoices for price differences or total or partial cancelation of a transaction. If for adjusting the taxation base the VAT quota of 19% needs to be applied, then these operations shall be reported under line 15 in the settlement statement “Regularization of the collected tax” and line 28 respectively “Regularization of the deducted tax”.
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