This topic explains how to set up a VAT statement for legal entities in Lithuania.
This topic includes country/region-specific information about the setup of the value-added tax (VAT) statement for legal entities in Lithuania only. For more information about the setup of VAT statements, see VAT reporting.
Set up sales tax authorities
To generate a VAT declaration in the required format for the appropriate tax authority, you must set up the report layout for sales tax authorities. On the Sales tax authorities page, in the Report layout field, select Default. Select the same sales tax authority for the sales tax settlement period that will be used for sales tax codes.
Set up sales tax reporting codes
Here is an example that show how you can use sales tax reporting codes to generate a VAT statement. The following sales tax reporting codes can be created and used on the Report setup FastTab of the Sales tax codes page.
|Sales tax reporting code||Description||Box name on the report|
|11||Tax base amount of sales-taxable sales||E11|
|12||Tax base amount of sales-taxable sales per paragraph 96||E12|
|13||Tax base amount of non-taxable sales||E13|
|14||Consumption for company requirements||E14|
|15||Fixed asset production||E15|
|16||Margin of deals that have a special taxation schema||E16|
|17||Export of goods (0 percent)||E17|
|18||Sales to European Union (EU) VAT payers (0 percent)||E18|
|19||Other sales that have 0-percent VAT||E19|
|20||Non-taxable sales outside Lithuanian borders||E20|
|21||Amount of goods that are purchased from the EU||E21|
|22||Amount of goods that are purchased from the EU (triangular trade)||E22|
|23||Amount of services that are purchased from foreign countries/regions||E23|
|24||Amount of services that are purchased from EU VAT payers.||E24|
|25||VAT amount of purchased goods and services||E25|
|26||Paid import VAT||E26|
|27||Import VAT that will be deducted under the control of the tax service||E27|
|29||Tax amount of sales that have a standard tax rate||E29|
|30||Tax amount of sales that have a reduced tax rate of 9 percent||E30|
|31||Tax amount of sales that have a reduced tax rate of 5 percent||E31|
|32||Tax amount of sales per paragraph 95||E32|
|33||Tax amount of sales per paragraph 96||E33|
|34||Sales VAT of goods that are purchased in the EU||E34|
|35||Deductible purchase and import VAT amount||E35|
Configure the Electronic reporting model and format for the report
To review or change the VAT statement configuration, on the Reporting configurations page, select VAT declaration model. Then click Designer to review or change the model. To review or change the VAT statement format, on the Reporting configurations page, select VAT declaration model, and then click Designer.
Generate a VAT statement
To generate a VAT XML file, on the Sales tax payments page, select one or more vouchers, and then click Export VAT XML file.