OFFICIAL LETTER 68840/CT-TTHT DATED 07 NOVEMBER 2016 OF HANOI GDT GUIDING VAT DEDUCTION FOR BRANCHES
In case, branches purchased goods, services for business activities from 20 million VND with branches’ names, they must present non-cash payment vouchers as regulations. In case, paying by bank transfer must be enclosed with vouchers from branches’ accounts to sellers for VAT deduction and recognized as regulations.
In case, branches buy goods, services, payments to sellers was authorized to pay through the parent company’s accounts, the authorization payment must be regulated in the contracts as point c clause 4 article 15 Circular 219/2013/TT-BTC.
