Bosnia and Herzegovina: Government Releases Instructions for VAT E-filing

 Instructions for timely VAT e-filing were published online by the Bosnian and Herzegovina Indirect Tax Authority. 

The following instructions include:  

• The deadline for submitting electronic documents is January 2021 onwards 
• The requirements for bookkeeping and accounting that allow for the accurate calculation of VAT for each tax period 
• The obligation to work with the Indirect Tax Authority 
• The 20th of the month after the end of the tax period is the deadline for submitting electronic records. 
• The duty of the taxpayer to separately record each transaction or delivery made in the VAT returns  
• The submission of electronic records for transactions that were included in the self-taxation report  
• The penalties for no e-records submission by taxpayers.
   

Source: new.uino.gov.ba