New VAT Rulebook Amendments

Two new VAT rulebooks were adopted by the Minister of Finance:

  1. The rulebook on amendments and supplements to the original rulebook on the form, content and method of keeping records on VAT and on the form and content and review of VAT calculation;
  2. The rulebook on amendments and supplements to the original rulebook on the form and content of the application for the registration of taxpayers, registration and deletion from the records and the form and content of the VAT return.

These new amendments have been published in „Official Gazette of the Republic of Serbia“ RS No. 60/18 dated 3 August 2018 and entered into force on the day following the day of publication: August 4th, 2018.

  1. Amendments to the VAT Registration Tax Regulations

Certain provisions of the Regulation on the form and content of the application for registration, deletion from records and on the form and content of the tax return of the VAT form are now superfluous and some of them are even contrary to the rules for disclosing data in the VAT calculation.

The focal point of these changes is that now Part III of the PPPDV form submitted by the taxpayer includes data on:

  • the tax base
  • fees for the marketing of goods and services
  • the amount of calculated VAT (which is shown in the appropriate fields of the POPDV Form)
  1. Amendments to the VAT Review Regulations

These changes relate to the rules for reporting data on the turnover of investments in the form of gold, or the turnover of brokerage services in gold investment turnover.

In the previous amendments of this Rulebook, the method for disclosing the data about the mentioned transactions was not defined accordingly, which lead to the amendments of the Rulebook, specifically; defining the correct way of disclosing data on the POPDV Form.

These new amendments were proposed on 05.08.2018.

Mehr lesen: