S.C. X S.R.L. has as its object of activity “Growing of cereals (excluding rice), leguminous crops and oil seed crops”, CAEN code 111.
Period audited: 01.01.2022 – 31.05.2024 – Value Added Tax.
The main tax inspection authorities’ main conclusions were:
S.C. X S.R.L. deducted VAT at the rate of 8%, representing the flat-rate compensation for purchases of agricultural products and services from suppliers applying the special regime for farmers.
With regard to this compensation, the tax inspection authorities found the following shortcomings:
- Purchases made from persons who were never registered in the Farmers’ Register or were registered at a later date than the transactions, in the amount of x lei.
- Deduction of VAT representing flat-rate compensation for purchases of agricultural products and services from suppliers applying the special scheme for farmers, for unpaid invoices.
For these purchases, the audited company fully deducted VAT at a flat rate of 8% at the time of purchase, which is contrary to the legal provisions. From the unpaid balance with suppliers, the audited company recorded amounts owed to individuals or legal entities for which it applied the special regime for farmers, totaling x lei, of which VAT at a flat rate of 8% in the amount of x lei.
Source: ANAF