Uni 05-12-2019 - The tax policy on actual loss of raw materials in the production process

Official letter 2758/CT-TTHT about the deductible expenses for the actual loss of raw materials in the course of production and business activities are as follows:

For the State production activities without promulgating norms of material consumption, the Company shall set norms by itself in accordance with the actual production to manage the enterprises and serve as a basis for calculating production costs of products. ; The documents to prove the actual amount of raw materials, fuel and materials used in the production and business process are the norms of consumption of raw materials and materials built by the company; documents and vouchers of importing and exporting raw materials and fuel; finished products warehoused; discarded materials and defective products; technical records of machinery and equipment; ... involved in the production and business process of the business.