Uni 03-12-2014 - Guidance on VAT deduction for branches

According to official letter No. 5291/TCT-KK:

• Branches involving in procurement, storage, preservation, preliminary processing for materials for the head office and incurring revenue from refurbishing defects into products, issuing invoices, branches register to declare, pay VAT under deduction method at the tax authority in charge of branches.
• From 2008 until 01 Jan 2009, using the output vouchers  cum internal transport for moving the preliminary-processing materials back to the head office of branches is appropriate to regulations at current time. From 01 Jan 2009, branches declare, pay tax under deduction method at the tax authority in charge of branches, the branches must use VAT invoices for the activity of  moving the preliminary-processing materials back to the head office.