OFFICIAL LETTER 93/2017/TT-BTC DATED 19 SEP 2017 OF MOF GUIDING VAT CALCULATION METHOD
On 19 Sep 2017, MOF issued Circular 93/2017/TT-BTC revising, adding clause 3, article 4 article 12 Circular 219/2013/TT-BTC (revising, adding in Circular 119/2014/TT-BTC) and removed clause 7 article 11 Circular 156/2013/TT-BTC. According to Circular 93/2017/TT-BTC and official letter 4253/TCT-CS dated 20 Sep 2017 of GDT guiding new contents of Circular 93/2017/TT-BTC, registration applied to VAT calculation method as follows:
1. Removed guidance of form submission of 06/GTGT for registering VAT under deduction method for newly-established business units and operating-established business units having VAT taxable revenue less than 1 billion dongs.
2. Removed instruction of submitting form 06/GTGT when converting VAT calculation method.
3. Added the instructions of VAT calculation method of business establishments to determine VAT declaration files as instructed in article 11 Circular 156/2013/TT-BTC dated 06 Nov 2013 of MOF (revising, adding in article 1 Circular 119/2014/TT-BTC dated 25/8/2014 and article 2 Circular 26/2015/TT-BTC dated 27/2/2015 of MOF).
Therefore, determination of VAT calculation method bases on VAT declaration file that business units send to tax authority as follows:
- If business units register to apply to VAT with deduction method, they send VAT form 01/GTGT, 02/GTGT to tax authority.
- If business units register to apply to VAT with direct method, they send VAT form Mẫu số 03/GTGT, 04/GTGT to tax authority.
