Official letter no. 4131/TCT-CS by gdt issued on 19 november replying on using invoices to sell state-owned assets.
According to this official letter, when selling state-owned assets (including assets created from ODA projects), sellers use invoice to sell state-owned assets (form no.01/TSNN-HD) from Circular No. 225/2009/TT-BTC, no VAT rates written on the invoices, only total payment written, sellers are not subject to VAT payment and not allowed to deduct input VAT for the related expenses. After deducting deductible expenses, sellers pay the remaining amount of tax payable as prescribed by law.
