1- What is the legal rate of the transactions resulting in change of delay interest, exchange difference and tax assessment?
1.1- Delay İnterest
Exchange difference is included in the invoice belonging to the delivery and service transactions and it is liable to tax. Moreover, new delay interest resulting from the unpaid delay interest is also a factor of service assessment of forward transaction, and vat belonging to delay interest is calculated over the date when transaction is carried out.
1.2. Exchange Difference
Vat is calculated between the dates when delivery and service is made and rate is collected. In case of having exchange difference for the benefit of the buyer on the date of rate is collected, buyer is supposed to calculate vat on the date of rate is calculated for the delivery of goods and service.
1.3. Returning goods, Unfulfilled Transaction and Giving up on Transaction
If vat rate is changed due to the change in assessment, regulation transaction is supposed to be made by taking the rate of vat into consideration in the dates when delivery and the service of goods are carried out.
Source: Vat Legislation
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