Uni 27-11-2014 - Guidance on VAT refund, deduction

According to official letter No. 5105/TCT-KK:

• In case, the company has a contract with deferred payment but the company does not write payment duration in the Note of the VAT declaration forms, a penalty of administration violation will be involved in due to non-declaration to VAT declaration form as regulations of Circular 61/2007/TT-BTC and allowed to declare, deduct input VAT.
• Overdue of contract duration, the payment vouchers by bank transfer is not presented, the input VAT is not allowed to deduct