Post by joita973 on Feb 12, 2024 1:21:58 GMT -5
Semifinished products made of nonalloy steel with a thousandth of gold or more and investment in gold supply to electronic devices such as mobile phones including smartphones tablets laptops laptops and other portable computers. and video game consoles. Excludes parts and accessories. Unwrought aluminum. Unwrought lead. Unwrought zinc. Unwrought tin. Unwrought nickel. Restricting the reverse charge mechanism to only active VAT taxpayers As stated earlier the reverse charge procedure is only subject to the conditions of the new Art.
Purchasers of goods listed in Article of the ValueAdded Tax Law and the Cape Verde Email List Annex to the ValueAdded Tax Law are active VAT taxpayers. However if the purchaser of the goods is a taxpayer exempt from VAT the seller is obliged to settle the transaction in accordance with the general rules. Example The customer is an active VAT taxpayer and purchased a nonalloy steel rib plate. The seller then completes the transaction by issuing the following command after verifying the tax status of the buyer. Invoice tax exemption on reverse charge basis. Example The customer purchased material with VAT exemption.
Then after verifying the buyers tax identity the seller completes the general terms of the transaction and issues a VAT invoice. If the buyer of the attached goods is a natural person the seller completes the transaction according to the general terms. If the buyer requires an invoice the seller is obliged to issue an invoice and collect VAT. The sales amount limit of electronic equipment is listed in the Annex to the VAT Law. For the sale of electronic products i.e. phones including smartphones computers laptops video game consoles etc.
Purchasers of goods listed in Article of the ValueAdded Tax Law and the Cape Verde Email List Annex to the ValueAdded Tax Law are active VAT taxpayers. However if the purchaser of the goods is a taxpayer exempt from VAT the seller is obliged to settle the transaction in accordance with the general rules. Example The customer is an active VAT taxpayer and purchased a nonalloy steel rib plate. The seller then completes the transaction by issuing the following command after verifying the tax status of the buyer. Invoice tax exemption on reverse charge basis. Example The customer purchased material with VAT exemption.
Then after verifying the buyers tax identity the seller completes the general terms of the transaction and issues a VAT invoice. If the buyer of the attached goods is a natural person the seller completes the transaction according to the general terms. If the buyer requires an invoice the seller is obliged to issue an invoice and collect VAT. The sales amount limit of electronic equipment is listed in the Annex to the VAT Law. For the sale of electronic products i.e. phones including smartphones computers laptops video game consoles etc.