Company A is an entity engaged in the construction business and was contracted by Company B to carry out some construction work, applying the reverse charge mechanism provided for in the Value Added Tax Law. However, after a verification procedure, the State Tax Administration Agency considers that the application of the reverse charge is not appropriate. Company A decides to rectify the invoices.
Question
Possibility of rectifying the aforementioned invoices and of Company B having the right to deduct the new Value Added Tax charged by Company A.
To read the response, download the attached document below.
