S.C. X S.R.L. has as its object of activity “Wholesale of watches and jewelry”, CAEN code 4648.
Period audited: 01.03.2021 – 31.10.2023.
The main observations of the tax inspection authorities were:
The tax inspection authorities established the additional VAT collected in the total amount of x lei, related to the tax base that resulted from the amount of income entered in the invoices for the delivery of goods submitted to the customers S.C. A S.R.L. and S.C. B S.R.L., which were not entered in the information returns by the audited company.
Also, the deductible VAT was reduced by the total amount of x lei, for purchases of goods, for which no documents were submitted to justify the registration of transactions and the exercise of the right to deduct VAT, related to the purchase entered in the 394 return, related to the quarter. IV 2021, from the partner C S.R.L., which did not declare the supplies.
In the period from May 2021 to July 2023, in the account statements issued by the banks to which transfer accounts were opened, cash withdrawals totaling x lei were recorded, without any concrete information on the destination of the amounts, being assimilated by the tax inspection authorities to income from other sources.
During the tax inspection, an additional taxable base was established in the amount of x lei, which resulted as the difference between the total amount without VAT, i.e. x lei, of the invoices for purchases of goods recorded in the period October – December 2021 and July – September 2022, by the customers S.C. A S.R.L. and S.C. B S.R.L., and the amount without VAT of the supplies of goods to the mentioned partners, entered in the information returns (code 394) by S.C. X S.R.L.
Thus, as a result of the tax inspection, additional tax liabilities totaling x lei were established, of which:
- VAT: x lei;
- Income tax on micro-enterprises: x lei;
- Profit tax: x lei;
- Tax on income from other sources: x lei.