Official letter 531/CTHNA-TTHT on record for revenue deduction of export goods:
Based on the above regulations and according to the information provided by the Company, the Company exports goods, then incurs a revenue deduction due to reducing the selling price to customers compared to the price agreed in the contract or In the contract appendix, the Company must clearly explain the reason for the reduction adjustment and there must be a written price reduction agreement between the buyer and seller. At the same time, the Company prepares adjusted or replacement invoices according to the instructions in Clause 2, Article 19 of Decree No. 123/2020/ND-CP of the Government. Based on the adjusted or replacement invoice, the Company declares and adjusts revenue according to regulations. Accounting for revenue deductions in the above cases, the Company shall comply with the provisions of law on accounting.
