Charging of Tax for Taxable Supplies of Goods or Services

Art. 55.

(1)

 ³⁵ The tax under this Law shall be charged by the supplier, who is a registered person, for each taxable supply of goods or services within five days after the date of the chargeable event.

(2)

The amount of the tax under this Law shall be calculated by multiplying the tax base by the tax rate.

(3)

The amount of the charged tax shall be received by the supplier, together with the payment of the supply.

(4)

Where taxable supplies of goods or services are effected free of charge, the charged tax shall be at the sole expense of the supplier.

(5)

 ³⁶ The tax shall be payable by the registered person for the tax period, including the date of the issuance of the document on the chargeability of the tax, or, where no document is issued or the document is not issued within the time limits prescribed by this Law, for the tax period, including the date of the chargeable event, for which the tax is due.

(6)

 ³⁷ The tax shall be considered charged, where the supplier issues a document to specify the tax, reflects such document in the accounting registers under Art. 104, and posts the tax in his accounts as a liability to the budget also in the tax return.