30-0-2019: Tax policy on trade discounts

Official letter No 318/CT-TTHT dated 15/01/2020 of Hai Duong Tax Department in trade discounts as follow:

In case the sales Company applied trade discounts for the customers. If the trade discount is based on the quantity, sold of good or services, the discounted amount of sold good shall be adjusted on the goods or service of sale invoice of the last purchase or next period. In case the discount amount is made at the end of the sale program (period), the company may make adjusted invoice with the list of numbers invoice to be adjusted, the adjusted tax amount. Based on adjusted invoice, the company and customers shall declare the adjustment on amount of purchasing, selling, output tax, inputs tax.