SRCO transferred almost 19 million checks to the STS fiscal server from the 1st of August 2020
In a month and a half (as of the 9th of September 2020), more than 600 business entities registered almost 34 thousand SRCO which transferred almost 19 million checks to fiscal server of the State Tax Service for registration (fiscalization).
Herewith, the application of software RCO from the 1st of August 2020 did not expand the number of business entities obliged to use SRCO / RCO according to requirements of the Law of Ukraine on the RCO and the Tax Code of Ukraine. It should be reminded that such obligation for individuals – entrepreneurs the single tax payers of Group II-IV arises only from the 1st of April 2021.
Until this date, in addition to the opportunity to use free software solutions for actual implementation of settlement operations, the State Tax Service has created conditions for testing free solutions by business entities that intend to use SRCO after the 1st of April 2021.
Please note that since the 18th of March 2020, in connection with the spread of coronavirus disease (COVID-19) and the quarantine introduction throughout Ukraine, there is a moratorium on control and verification measures, specifically actual audits of transactions with excisable products.
Any actual audits of business entities that used the SRCO have been conducted or planned as of the 1st of August 2020.
Also, there were any additional penalties but the amount of penalties for violations of the Law of Ukraine on RCO, which have not changed since 2010, has been revised and penalties of 1 UAH have been abolished.
Currently, for failure to make payments through RCO and SRCO – business entities are subject to penalties in the amount of:
10% of the products value (works, services) sold with violations – for the violation committed for the first time;
50% of the products value (works, services) sold with violations – for each subsequent violation.
Business entities are subject to penalties of only 85 UAH (five non-taxable minimum incomes) in the case of settlement operations through RCO and SRCO without the use of pre-programming mode of products titles that are not excisable and / or services.
Business entities are subject to penalties of 5100 UAH (three hundred non-taxable minimum incomes) in the case of settlement operations through RCO and SRCO without the use of pre-programming mode of products titles of each excisable product with indication of commodity subcategory code according to Ukrainian classification of the FEA goods.
