The STS cancels a company’s fine

A freight carrier complained to BOC that, based on the office audit findings, the tax authority increased the VAT monetary liability  amount  by UAH 5k.
It is known that the company made a mistake in the VAT return and, subsequently, the tax liability amount was overstated in the adjustment calculation. On the same day the company submitted a new adjustment calculation, which corrected the self-discovered error. However, the tax authority did not change the decision on the company’s fine.
The Council turned to the State Tax Service of Ukraine and noted that since the company corrected the technical error on its own and in a timely manner, and it did not result in tax liabilities understatement, it cannot be the ground for charging a fine. After Council’s involvement, the STS of Ukraine dropped the fine for the company.