In which cases should I rectify my output VAT?
You should issue a rectification invoice and send it to your client in these cases:
Return of containers and packaging.
Discounts and rebates.
- Termination of operations, return or loss of goods (including reinstatement in bankruptcy).
Non-payment of operations due to insolvency proceedings.
Other defaults (non-collectable debts).
You have all the information about rectification invoices in this linkRectification invoices
If you would like more information on this subject, you can consult our Virtual Assistant.You can also use the Taxable base modification calculator to consult the deadline for issuing the rectification invoice and to determine the period and financial year of form 303 in which to make the adjustment.