04.06.23
Amendments to VAT Rulebook and electronic recording of VAT in the system of electronic invoices (SEF)
Serbia introduced some revisions to the VAT Rulebook in the Official Gazette in February 2023, which are effective from 1 March 2023. In addition, as of 1 January 2023, all VAT debtors which are VAT payers, as well as voluntary users of the system of electronic invoices (SEF), are obliged to electronically record VAT calculations in SEF.
The amendments to the VAT Rulebook relate to the extension of the deadline for issuance of e-invoices for so-called ‘successive supplies’ (multiple individual supplies of goods or services made to one person in one tax period).
With specific exceptions, electronic recording of VAT calculations in SEF is performed for transactions where:
- The reverse charge VAT applies;
- when a VAT-able supply with compensation is made to a person who is a taxpayer for income from self-employment, and
- to a person deemed a taxpayer in terms of the Corporate Income Tax Law, as well as in case of VAT-able free of charge supplies, VAT-able expenditures (write-offs), shortages, etc.
Browse Serbia updates
New technical guidelines
- Country updates
Sistem e-Faktura (SEF) e-invoicing documentation update
- Mandate information
E-invoicing system upgrade
- Mandate information
Draft Law – Electronic Invoicing amendment
- Country updates
Commencement of B2B e-invoicing
- Mandate information
New e-invoicing documents published
- Mandate information
Changes to the content of e-invoices
- Country updates
E-invoicing deadline postponed
- Mandate information
E-invoicing demo environment
- Mandate information
Public platform & Rulebooks
- Mandate information
Law on electronic invoicing takes effect
- Mandate information
Publication of draft law on e-invoicing for B2B and B2G transactions
- Mandate information