06.12.2022/76
A Change Has Been Made Regarding the Form BA – BS Notification Obligation
With the publication of Circular No. 543 in the Official Gazette dated 03.12.2022 and numbered 32032, a change has been made to the General Communiqué No. 396 of the Tax Procedure Law regarding the Form BA and Form BS notification obligation.
Prior to this Circular, taxpayers who were obliged to make notifications but whose total purchases and sales were below 5,000 TRY or consisted of documents issued as electronic invoices were required to submit their Form BA or Form BS notifications by checking the box “I have no information to declare in the BA/BS notification.”. However, with the recent change, the obligation for these taxpayers to submit the relevant period’s Form BA or Form BS notification has been removed.
An example is provided in the Circular on this subject:
“For Company C, which is obliged to submit Form BA and Form BS notifications, the total amount of 4 electronic documents issued by Company D in February 2023 is 4,000 TRY excluding VAT, and the total of 3 paper documents is 2,500 TRY excluding VAT. Additionally, Company C issued 2 electronic documents totaling 6,000 TRY excluding VAT to Company E during the same period. There were no other purchases or sales for Company C during the relevant month.
In this case, for Company C’s February 2023 Form BA notification, the total amount of 6,500 TRY excluding VAT from documents issued by Company D both electronically and on paper exceeds the threshold specified in the Circular. Therefore, only the 2,500 TRY excluding VAT from the 3 paper documents should be included in the notification, while the electronic documents should not be included.
On the other hand, since all the documents related to the sales made by Company C to Company E in February 2023 were issued electronically, there is no need to submit the Form BS notification.”
The change has come into effect as of 03.12.2022.
You can access the relevant Circular here.
Kind regards,
BİLGENER
