C. X S.R.L., having as its object of activity “Cutting and planing of wood”, CAEN code 1610.
Period audited: 01.01.2017 – 31.12.2023.
The main observations of the tax inspection authorities were:
The audited company was registered as a VAT payer in the period 01.12.2009 – 01.09.2013. As of 01.09.2013, X S.R.L. had its VAT code automatically canceled “for submitting VAT returns for two consecutive quarters with zero value”.
According to the provisions of art. 11, para. (8) of the Law no. 227/2015 on the Fiscal Code, as amended and supplemented, during the verified period, i.e. 01.01.2017 – 31.12.2023, the economic agent does not benefit from the right to deduct the VAT related to the purchases made, but is subject to the obligation to pay the VAT collected.
For the operations carried out during the period in which it did not have a valid VAT code, S.C. X S.R.L. was obliged to issue VAT invoices and declare them in the 311 Declaration, being liable to pay the VAT collected on the operations carried out.
In view of the above, the payment obligations representing VAT additionally established in the period under audit amount to X lei.
Source: ANAF