Published
02/04/2025, 11:43The State Tax Service has introduced a new electronic form of the primary accounting document (PUD) BLANK STI-109 for the convenience of taxpayers and to improve VAT administration. The form is used for the receipt of prepayments, writing off bad debt and cancelling VAT registrations.
BLANK STI-109 allows for electronic processing of ‘advance,’ ‘balance’ and ‘debt’ transactions through the Electronic Invoice System (EIS). This eliminates the need to manually enter prepayment amounts on VAT reports, simplifying the process for taxpayers.
The form is effective from 26 November 2024 and applies to new transactions. Advances received before this date are not recognised in the ESF system. The PUD must be issued no later than 10 working days after the end of the month.
The new form does not apply to ‘deposit’ and ‘pledge’ transactions unless they are in cash. PUD is also not required for prepayments for non-taxable and VAT exempt supplies.
The ‘Adjust Advance’ function is available to adjust previously issued advances. If the parties to a contract change, the previously issued PUD is closed and a new one is opened for the new counterparty.
When purchasing agricultural products from producers, taxpayers operating under the general regime issue an ESF in the form BLANK STI-110. Agricultural producers are not obliged to register an ESF.
The STS also clarified that PDSs for advances from foreign organisations and individuals should be drawn up in accordance with the generally established procedure if the advance payment was received for future taxable supplies.
