SAT reiterates that September 1st will begin with the new invoice cancellation scheme

• In order to avoid misuse of invoices, their cancellation now requires the acceptance of the recipient.

The Ministry of Finance and Public Credit, through the Tax Administration Service, informs that no additional extension is planned for the entry into force of the new invoice cancellation process.

The new services required for invoice cancellation will be available to taxpayers on the SAT website on September 1. To date, 97% of certification providers are already authorized to operate the new system.

The Federal Tax Code provides that invoices may only be cancelled when the person to whom they are issued accepts their cancellation, thereby guaranteeing the recipient's right to be informed of the cancellation request and to be able to accept or reject it.

The above, because it was detected that some taxpayers issuing receipts were canceling them unjustifiably in a unilateral manner, regardless of whether they had already been paid and the operation they supported had actually been carried out.

In order to implement this cancellation procedure, considering the advances in technological developments, the SAT has already provided facilities that have extended its entry into force, so that it will definitely begin on September 1, 2018.

Source: SAT