On invoices issued during the period

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Of VAT charged in the current period to be deducted. However this is not a circumstance that ultimately eliminates the right to deduct VAT. The deduction of VAT charged  of suspension of business activity after removal from the register of VAT taxpayers will be made in the first JPK V file submitted after the resumption of business activity.

This approach is also confirmed by the tax authorities in their individual interpretations. In one of them number KDIB  . . . . .AZ of July the Director of KIS admitted that it is not possible to apply for a VAT refund during the period in which the entrepreneur philippines photo editor was removed from the register of active VAT taxpayers. However he also admitted that the entrepreneur does not lose the right to deduct input VAT on necessary expenses related.

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To the business carried out during the suspension period. In this interpretation the Director of KIS also emphasized that the entrepreneur may exercise the right to deduct input tax in the first declaration submitted after suspending business activity. Summary As a result of the analysis carried out regarding the deduction of VAT charged during the period of suspension of business activity it can be confirmed that such a deduction is possible.