Technical Instructions Amendments bring new rules for issuing fiscal invoices

The Tax Administration of the Republic of Serbia announced new changes to the Technical Instructions for the administrative review of the functionality of the ESIR or LPFR. CONFIDA Serbia presents below an overview of the most important changes.

What do the changes refer to?

The mentioned changes refer to:

• Method clarification of issuing fiscal invoices in case of advance payments before the start and during the implementation of the fiscalization system,
• The method of recording the delivery of goods or services in exchange for a single-purpose value voucher,
• Prescribing the manner of recording the turnover of goods and services without compensation.

Frequent questions

Taxpayers raise the question of how to issue a fiscal invoice in cases when the fee or part of the fee is charged in advance before the start of the fiscalization system.

The new changes clarify that the taxpayers subject to fiscalization issue an Advance payment-Refund fiscal invoice before issuing the Turnover-Sale fiscal invoice. The reference number is the number of the Document on the received advance payment in the prescribed format.

Recording of single-use vouchers

The amendment to the Technical Instructions regarding single-purpose value vouchers prescribes a rule. The delivery of goods and services in exchange for single-purpose value vouchers businessmen don’t record through an electronic fiscal device.

Recording of free-of-charge turnover

The Ministry of Finance and the Tax Administration published the manner of issuing fiscal invoices for transactions without compensation.

In the case when the taxpayer carries out the turnover of goods and services without compensation, which is equated with a turnover with compensation, in accordance with the VAT Law and the VAT Rulebook, there is an obligation to record that turnover separately through an electronic fiscal device. However, in cases where it is considered that the turnover of goods and services has not been carried out, there is no obligation to make a record through the fiscal device.