OFFICIAL LETTER NO. 4974/TCT-CS DATED 11 NOVEMBER 2014 OF GDT IN GUIDANCE OF CONVERSION FOR VAT CALCULATION METHOD FROM 01 Sep 2014
According to official letter No. 4974/TCT-CS:
In case, enterprises established from 01 Jan 2014 and declaring VAT under direct method, if satisfying conditions of point b, c, clause 3, article 3 of Circular 119/2014/TT-BTC dated 25 Aug 2014 of MOF (effective from 01 Sep 2014), they are converted into VAT declaration under deduction method from 01 Sep 2014.
