Uni 22-05-2015 - Notification of the replied content at the training seminar

Notification No. 123/TB-TCT notifying result of the training seminar and replying to some contents of Circular 26/2015/TT-BTC. Some contents are explained as follows:

• Enterprises can chose to revise or not revise for some following cases:

• Determination rate of VAT non-liable and liable goods, services and VAT non-liable is monthly declared.
• Input VAT rate deducted of export enterprise has declared or refunded.
• VAT liable revenue incurred in foreign currency has declared in declaration of Jan and Feb

• Taxpayers do not have to submit List of sale and purchase invoices for goods, services with VAT declaration files. However, taxpayers must keep all invoices, vouchers, billing, contract and all documents as evidences for business activities (revenue, expense) together with ledgers.
• For invoices paid by cash, business establishment must declare, revise to reduce the deducted VAT amount in the tax period incurred the payment in cash.
• Declaration, revision for the deferred, installment goods depend on payment method (by bank transfer or cash), not depending on payment duration in the contract