Ministry of Justice of Ukraine
August 4, 1997
of July 1, 1997 No. 141
About approval of the Instruction for financial accounting of the value added tax
According to the Regulations on the Ministry of Finance of Ukraine approved by the resolution of the Cabinet of Ministers of Ukraine of February 27, 1993 No. 147, I ORDER:
1. Approve the Instruction for financial accounting of the value added tax it (is applied).
Approved by the Order of the Ministry of Finance of Ukraine of July 1, 1997 No. 141
1. The amounts of the tax liabilities on the value added tax are displayed by payers of this tax on sub-account 641 credit "Calculations for taxes", the analytical account "Calculations for the value added tax" in correspondence with the debit:
1.1. Accounts 70 "The income from realization", 71 "Other operating income", 74 "Other income" (further - income accounts) in cases: the company did not receive delivery of finished goods, goods, works, services, other material values, non-current assets, to payment for which means (other assets) (transfers, accomplishment) from the buyer for the delivery date; increase after delivery of compensation amount for delivery of finished goods, goods, works, services, other material values, non-current assets; receipt of cash for goods, works and services; transfers of object of finance lease (leasing) to use to the lessee (leasing recipient); deliveries of the goods and services received in limits of commission agreements (consignment), bail, the order, trust management, other civil agreements (further - commission goods); recognition by the broker of commission fee. commission fee by delivery of the goods which were in the use which are acquired at persons which are not registered by taxpayers; sales to persons who are not registered as taxpayers, the agricultural products and products of its conversion (prepared) at the physical persons who are not taxpayers on the amount of trade margin (allowance) established by the taxpayer.
1.2. Sub-account 643 "Tax liabilities" in cases: receipts of means by the company from buyers (customers) in payment of products, goods, works, services, other material values, non-current assets and commission goods which are subject to delivery (transfer, accomplishment). After delivery of prepaid products, goods, works, services, other material values, non-current assets, and also commission goods of the income account "Tax liabilities" are debited in correspondence with sub-account 643 credit.
1.3. Costs accounts of activities - in cases: losses and expenses of material values and other resources over the established regulations; liquidations of fixed assets according to the decision of the taxpayer in cases, stipulated by the legislation; free delivery of material values (including fixed assets), works and services; non-productive use of material values (except fixed assets), works and services; use of earlier acquired material values (except fixed assets), works and services in the transactions which are not the taxation object, exempted from the taxation is not economic activity of the taxpayer; excess of actual cost of the sold goods, works, services over the actual price of their sale regarding the value added tax which is subject to payment in the budget.
1.4. Accounts of non-current assets, inventories, capital investments into non-current assets, activities expenses - in case of implementation of transactions by the company for purchase of goods, services, non-current assets, in case of acquisition or production of which tax amounts on value added were included in structure of the tax credit if such goods, services, non-current assets are intended for their use in the transactions which are not the taxation object, exempted from the taxation is not economic activity of the taxpayer.
2. The amount to which the taxpayer has the right to reduce the tax liability on the value added tax of the accounting period according to the legislation (further - the tax credit on the value added tax), in the presence of the customs declarations or tax delivery notes registered in the Unified register of tax delivery notes (further - ERNN) is displayed on the debit of sub-account 641 "Calculations for taxes", the analytical account "Calculations for the value added tax" in correspondence with the credit:
2.1. Accounts 63 "Settlings with suppliers and contractors", 68 "Calculations for other transactions" and 53 "Long-term obligations on lease" (further - accounts of obligations) - in cases: acquisitions (for payment or transfer of other assets) material values, works and services, fixed assets, intangible assets, increase after delivery of the specified values of compensation amount of their cost for benefit of the taxpayer - the supplier; the actual receipt of object of finance lease (financial leasing) by the lessee (leasing recipient) of receipt of goods/services within commission agreements (consignment), bail, trust management.
2.2. Sub-account 644 "Tax credit" - in cases: implementation of advance payment (before acquisition) material values, works and services, fixed assets, intangible assets. After receipt of prepaid material values, intangible assets, performance of works and services which cost is prepaid on tax amount on value added sub-account 644 "Tax credit" in correspondence with the credit of accounts of obligations is debited.
3. The amounts of the tax credit on the value added tax specified in:
properly the drawn-up transport tickets, the hotel account or the bill which is made out the taxpayer for communication services, other services which cost is determined by indicators of metering devices which contain the total amount of payment, tax amount and tax number of the seller, except those which form is established by international standards;
properly the drawn-up cash register receipts which contain the amount of the received goods, services, the total amount of the accrued tax (with determination of fiscal number and tax number of the supplier). At the same time for the purpose of such charge the total amount of the received goods, services cannot exceed 200 hryvnias a day (excluding tax);
the analytical account "Calculations for the value added tax", in correspondence with the credit of sub-accounts 372 "Settlings with advance holders" and 685 "Settlings with other creditors" are displayed on the debit of sub-account 641 "Calculations for taxes".
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