Explanation to the table of data of the taxpayer

In modern business, correct financial and tax reporting is one of the most important aspects of the company's activity. However, this process does not always run smoothly, sometimes there are problems related to the blocking of tax invoices.

How to avoid blocking tax invoices?

The reasons for blocking tax invoices can be various. Sometimes this is due to incorrect or incomplete data submitted to the tax authorities. For example, inconsistencies in amounts, errors in specifying the UKTZED code or other technical deficiencies can lead to the blocking of tax invoices. At the same time, one of the most common reasons for stopping the registration of tax invoices is the violation of item 1 of the risk criteria of the transaction. This item provides for verification of compliance of the nomenclature of goods or services specified in the tax invoice with the amount of the balance of such goods or services according to the received tax invoices.

For an enterprise, the blocking of tax invoices can have serious consequences. This can cause delays in work, violations of payment discipline and the occurrence of fines. In addition, it may affect the relationship with counterparties, as they may also experience difficulties in doing business with a company whose tax invoices are blocked due to the inability to obtain a tax credit for the relevant transactions.

In order to avoid the blocking of tax invoices, enterprises can use the possibility of submitting data tables. These tables allow you to display in detail the essence of the enterprise's economic activity.

When preparing the explanation for the table of data, it is worth describing in detail the process of production of goods or provision of services, which are specified in the tax invoice. Specify step by step how products are made or how services are performed. This will help the tax authority to understand exactly how the company carries out its activities and what resources it uses for this. Do not forget about the need to provide a copy of the original documents that confirm the essence of the business activity of the enterprise. This can be, for example, contracts for the purchase of raw materials, acts of completed works, invoices for the shipment of finished products, payment orders, goods and transport invoices, etc. The more documentary evidence you provide, the more convincing your argument will be before the tax authorities.

By asking for help in compiling data tables and their explanations, businesses can avoid blocking tax invoices. The law firm "Prikhodko & Partners" is ready to provide qualified assistance in this matter to ensure the successful functioning of your business.