OFFICIAL LETTER 3017/TCT-KK DATED 27 JULY 2015 OF GDT IN GUIDANCE OF PAYMENT VOUCHERS THROUGH BANK TO DEDUCT, REFUND VAT
According to official letter 3017/TCT-KK:
- In case, tax payers use bank accounts registered with tax authority, paid goods, services for suppliers by non-cash method and met conditions of VAT deduction, they will be declared, refunded under Law.
- In case, tax payers use bank accounts (do not perform to inform tax authority) to pay goods, services for domestic suppliers, tax payers will be penalty for registering tax relating to information of bank accounts, and:
+ If suppliers do not perform to inform bank accounts of suppliers to tax authority: suppliers will be penalty of violating law of tax registration relating to information of bank accounts; tax payers are not allowed to both deduct, refund VAT and deductible expense for CIT determination.
+ If suppliers conducted to inform bank accounts of suppliers to tax authority but over the deadline, or tax payers notified to add information of bank accounts tax payers to tax authority before tax authority decided to inspect, examine at head office of tax payers, tax authority coordinates with tax authority in charge of suppliers suppliers to examine goods, services and pay, receive money on basis of that, review to deduct, refund tax under regulations.
