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Table of Contents

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VAT Report Table

Description

Comments

40

PVN 1, III

PVN 2

Box

Values

Notes

TOTAL TRANSACTION VALUE (in euro), of which:

Total value without tax (total amount of Rows 41, 41.1, 42, 42.1, 43, 48.2, and 49);

40

PVN1III

PVN2

Net amount of sales:

*S-LV

*D-REV-LV

*R1-LV

*R2-LV

*E-LV

*ESSS-LV

*X-LV

*ES-LV(45_1)

 

Total value without tax (total amount of Rows 41, 41.1, 42, 42.1, 43, 48.2, and 49);

VAT transactions (including self-consumption)

41

PVN1III

Net amount of sales:

*S-LV 

Value of transactions taxable at the standard tax rate (supplies of goods and supply of services).

41

PVN 1, III

Net amount of sales:

*S-LV 

Domestic transactions for which the tax is paid by the recipient of goods or services

411

PVN1III

Net amount of sales:

*D-REV-LV

 

If company sells goods where the reverse charge is applied in LV (R1, R2, R3, R4, R5, R6, R7, R8, R9)

411

PVN 1, III

Net amount of sales:

*D-REV-LV

 

With a reduced VAT rate of 12 percent, taxable transactions

 

42

PVN 1, III

PVN1III

Net amount of sales:

*R1-LV 

 

With a reduced VAT rate of 5 percent, taxable transactions

 

421

PVN 1, III

PVN1III

Net amount of sales:

*R2-LV

 

VAT with 0% taxable transactions, including:

Value of transactions taxable at the zero % rate, including the value indicated in Rows 44, 45, 45.1 ,46, 47, 48, and 48.1 therein.

43

Net amount of sales:

*FP-LV(44)

*ES-LV21

*NC-LV

*NV-LV

*ESSS-LV

*X-LV

Value of transactions taxable at the zero % rate, including the value indicated in Rows 44, 45, 45.1 ,46, 47, 48, and 48.1 therein.

Transactions in Freeport and SEZs (company operates in freeport zone, very rarely applicable)

44

Net amount of sales:

*FP-LV(44)

Value of goods supplied to free ports and special economic zones taxable at the zero % rate of the tax in accordance with the Law On Application of Taxes in Free Ports and Special Economic Zones

44

Net amount of sales:

*FP-LV(44)

goods delivered to EU Member States, except goods referred to in Paragraph sixteen of Article 42 of the Law

Declared amount for issued goods in ES

45

(

PVN 2

PVN2)

Net amount of sales: *ES-LV21

Declared amount for issued goods in ES

Goods supplied to EU Member States referred to in the sixteenth part of Article 42 of the Law

 

451

(

PVN 2

PVN2)

 

Net amount of sale:

*ES-LV(45_1)

 

the supply of non-Community goods to customs warehouses and free zones

 

46

Net amount of sale 

*NC-LV

 

new vehicles delivered to EU member states

 

47

Net amount of sale *NV-LV

 

for services rendered

 

48

Net amount of sales: 

*ESSS-LV

 

exported goods

 

481

Net amount of sales: 

*X-LV

 

Transactions in other countries

Declared amount for Issued Services in ES

482 

Usually goes to (

PVN 1, III

PVN1III)

Give warning – maybe you need to declare this amount in PVN 2, users can choose

Net amount of sales:

*ESSS-LV

Declared amount for Issued Services in ES

Non-taxable

transactionsTax exempt

transactions

, Article 52

49

Net amount of sales:

*E-LV

Tax exempt transactions, Article 52

Goods and services received from EU member states (standard rate)

 

50

Net amount of purchases:

*ES-LV21

*ESSP-LV

 

Goods received from EU member states (reduced rate of 12 percent)

 

51

Net amount of purchases:

*ES-LV12

 

Goods received from EU Member States (VAT reduced rate of 5 percent)

 

511

Net amount of purchases:

*ES-LV5

 

CALCULATED VAT 

 

With a VAT standard for taxable transactions

 

VAT Rate

21%

52

VAT Amount of sales:

*S-LV

Plus: VAT for received goods and services where reverse charge is applied R1, R2, R3, R4, R5, R6, R7, R8, R9 (the value shall correspond with value in 62)+respective credit memos

 

VAT on import goods where is a special regime for VAT (the value shall correspond with value in 61) + respective credit memos

VAT Rate

21%

52

VAT Amount of sales:

*S-LV

AT with VAT of 12% for taxable transactions

 

VAT Rate

12%

53

VAT Amount of sales:

*R1-LV

 

With a VAT of 5% for taxable transactions

 

VAT Rate

5%

531

VAT Amount of sales:

*R2-LV

 

For received services

54

VAT amount of purchases:

*IP-LV

*IS-LV 

VAT amount from the purchases from non-EU countries (the breakdown of transactions are in PVN-1) (54=63)

54

VAT amount of purchases:

*IP-LV

*IS-LV 

 

VAT standard goods and services received from EU member states

VAT Rate

21%

55

VAT amount of purchases:

*ES-LV21

 

With VAT 12% of taxable goods received from EU member states

VAT Rate

12%

56

VAT amount of purchases:

*ES-LV12

 

VAT 5% for taxable goods received from EU member states

VAT Rate

5%

561

VAT amount of purchases:

*ES-LV5

FOREIGNER (in euro), of which:

Rows 61, 62, 63, 64, 65

 

+ Row 65

60

Notional VAT amount of:

*IP-LV

*IS-LV

*ES-LV21

*ES-LV12

*ES-LV5

 

VAT amount of:

*S-LV

Rows 61, 62, 63, 64, 65

 

+ Row 65

About imported goods

61

(PVN1I)

Notional VAT amount of:

*IP-LV

Info is taken from customs declaration if there is a special regime or actually paid import VAT (Special regime means that there is no actual payment of import VAT; the amount then has to be shown in row 52, thus the balance is zero. If there is no special regime, the company is obliged to pay import VAT and it is subject for refund)

61

For goods and services domestically

62

(

PVN 1, I

PVN1I)

Notional

VAT amount of:

*

IP

S-LV

For goods and services domestically

S-LV (VAT from LV Purchases)

Plus: VAT for received goods and services where reverse charge is applied R1, R2, R3, R4, R5, R6, R7, R8, R9

62

(PVN 1, I)

VAT amount of:

*S-LV

Estimated amount of VAT in accordance with Section 92, Paragraph one, Clause 4 of the Law (except for the 64th line)

63

(PVN 1, I)

 VAT amount of:

*IP-LV

*IS-LV

VAT amount from the purchases from non-EU countries and EU companies who have no valid VAT number  (the breakdown of transactions are in PVN-1) (54=63)

 

63

(PVN 1, I)

 VAT amount of:

*IP-LV

*IS-LV

Estimated input tax on goods and services received from EU Member States

(55, 56, 561  = 64)

64

(PVN 1, II)

Notional VAT amount of:

*ES-LV21

*ES-LV12

*ES-LV5

 

(55, 56, 561  = 64)

Compensation paid to farmers

65

 

To be entered manually on top of report

65

 

The amount of VAT deductible as input tax

66

 

To be entered manually on top of report

66

 

Adjustments

Tax deduction calculated for payment in the state budget for corrections in previous taxation periods

VAT amount of credit notes for sales (S-LV) + reduced rate

67

(PVN 1, I)

VAT Amount of credit memos for sales of:

*S-LV

*R1-LV

*R2-LV

deduction of input tax deducted in previous taxation

periods

VAT amount of credit notes for purchases (S-LV) + reduced rate

for previous

periods

only??

57

(PVN 1, I)

VAT Amount of credit memos for purchases of:

*S-LV

*R1-LV

*R2-LV

 

Adjustments

prepayment

Row 60 – Row 66 + Row 67

 

(P)

Row 60 – Row 66 + Row 67

calculated tax

Row 52 + Row 53 + Row 54 + Row 55 + Row 56 + Row 57

 

(S)

Row 52 + Row 53 + Row 54 + Row 55 + Row 56 + Row 57

The amount of tax payable from the state budget or the tax amount applicable to the next tax period if P> S

70

Row (P) – Row (S)

 

70

Row (P) – Row (S)

 

Amount of tax payable to the state budget if P <S

80

Row (S) – Row (P)

 

80

Row (S) – Row (P)

 

Note

Box 60 should correspond to

...

PVN1I and PVN

...

1II

Tax Position Saved Searches

Column # (Total)111111111111122222222  2   

Box

Saved Search Name

ID

Box 40

[STA] LV VAT Report – Box40

customsearch_sta_lv_box40

Box 41

[STA] LV VAT Report – Box41

customsearch_sta_lv_box41

1

Box 41_1

[STA] LV VAT Report – Box41_1

customsearch_sta_lv_box411

Box 42

[STA] LV VAT Report – Box42

customsearch_sta_lv_box42

Box 42_2

[STA] LV VAT Report – Box42_1

customsearch_sta_lv_box421

1

Box 43

[STA] LV VAT Report – Box43

customsearch_sta_lv_box43

Box 44

[STA] LV VAT Report – Box44

customsearch_sta_lv_box44

Box 45

[STA] LV VAT Report – Box45

customsearch_sta_lv_box45

Box 45_1

[STA] LV VAT Report – Box45_1

customsearch_sta_lv_box451

1

Box 46

[STA] LV VAT Report – Box46

customsearch_sta_lv_box46

Box 47

[STA] LV VAT Report – Box47

customsearch_sta_lv_box47

Box 48

[STA] LV VAT Report – Box48

customsearch_sta_lv_box48

1

Box 48_1

[STA] LV VAT Report – Box48_1

customsearch_sta_lv_box481

Box 48_2

[STA] LV VAT Report – Box48_2

customsearch_sta_lv_box482

Box 49

[STA] LV VAT Report – Box49

customsearch_sta_lv_box49

Box 50

[STA] LV VAT Report – Box50

customsearch_sta_lv_box50

1

Box 51

[STA] LV VAT Report – Box51

customsearch_sta_lv_box51

Box 51_1

[STA] LV VAT Report – Box51_1

customsearch_sta_lv_box511

Box 52

[STA] LV VAT Report – Box41

customsearch_sta_lv_box41

2

Box 53

[STA] LV VAT Report – Box42

customsearch_sta_lv_box42

Box 53_1

[STA] LV VAT Report – Box42_1

customsearch_sta_lv_box421

Box 54

[STA] LV VAT Report – Box54

customsearch_sta_lv_box54

Box 55

[STA] LV VAT Report – Box50

customsearch_sta_lv_box50

2

Box 56

[STA] LV VAT Report – Box51

customsearch_sta_lv_box51

Box 56_1

[STA] LV VAT Report – Box51_1

customsearch_sta_lv_box511

Box 60

[STA] LV VAT Report – Box60 + row 65

customsearch_sta_lv_box60

2

Box 61

[STA] LV VAT Report – Box61

customsearch_sta_lv_box61

Box 62

[STA] LV VAT Report – Box62

customsearch_sta_lv_box62

Box 63

[STA] LV VAT Report – Box63

customsearch_sta_lv_box63

Box 64

[STA] LV VAT Report – Box64

customsearch_sta_lv_box64

2

Box 65

Entered as Suitelet field

 

Box 66

Entered as Suitelet field

 

Box 67

[STA] LV VAT Report – Box67

customsearch_sta_lv_box67

2

Box 57

[STA] LV VAT Report – Box57

customsearch_sta_lv_box57

P

Calculated by script

 

S

Calculated by script

 

70

Calculated by script

 

 

80

Calculated by script

 

Supplementary Reports

An XML file has to be appended with the list of the following:

  • PVN 1 (I) - Taxes on domestically purchased goods and services received

  • PVN 1 (II) - Taxes on goods and services received from the Member States of the European Union

  • PVN 1 (III) - Estimated The estimated tax on delivered goods and services

  • PVN 2 - Overview of goods and services provided in the territory of the European Union

These transactions are pulled using the following searches by default:

Saved Search Names

ID

[STA] PVN1 (I)

customsearch_sta_lv_pvn1_i

[STA] PVN1 (II)

customsearch_sta_lv_pvn1_ii

[STA] PVN1 (III)

customsearch_sta_lv_pvn1_iii

[STA] PVN2

customsearch_sta_lv_pvn2