Official letter no. 4133/TCT-CS issued on 20 november, 2012 by the gdt replying on vat
Revenues from goods, services of agent sale and commissions from agent sale at prices prescribed by its entities for services such as: post, telecommunication, lotteries, air/car/train/ship ticket sale; international transport agents, agents of aviation, maritime services thereon applied 0% VAT rates; insurance agents not subject to VAT. In case, the agent contract states that agents enjoy a discount of total amount exclusive of tax for each batch of goods (this amount is directly deduced in VAT exclusive of VAT), shall not be the agent sale at prices prescribed by its entities, therefore, it must recognize revenue, cost of goods sold and declare VAT under regulations.
