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24March2020

Submission Period of VAT Declaration and BA BS Forms Has Been Extended

Due to the Covid-19 pandemic spreading rapidly in our country, considering the requests submitted by Members of Profession and Employers, 23.03.2020 dated Tax Procedural Law circular numbered VUK – 126 / 2020 – 5 has been published by the Ministry of Treasury and Finance.

With the regulations of the Ministry of Treasury and Finance, below decisions have been taken:

  • Declaration and payment periods of Value Added Tax Declarations have been extended to the end of 24.04.2020 Friday, instead of 26.03.2020.
  • Submission period of “Form Ba” and “Form Bs” regarding 2020 February has been extended to the end of 30.04.2020 Thursday, instead of 31.03.2020.
  • Generation and signing period of e-Ledgers, and uploading period of “Electronic Ledger Charters”, which are required to be uploaded to Revenue Administration IT System, have been extended to the end of 30.04.2020 Thursday, instead of 31.03.2020.

If you have further queries, please contact your customer representative.

Details of the circular in Turkish can be accessed from here.

Written by Selma Kıy, Posted in Taxation Law

  • Notification!

    Contents provided on this article serve to informative purpose only. The article is confidential and property of CottGroup® and all of its affiliated legal entities. Quoting any of the contents of this notification without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance is put in the preparation of this article, CottGroup® and member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject. Prior to taking any action in regards the above, please consult your client representative if you are a customer of CottGroup® or consult to a relevant party.

About The Author

Selma Kıy

Certified Public Accountant - SMMM
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