Official letter 3967/CT-CS about VAT policy:
Based on the above regulations and instructions, in case Hai Duong Power Company Limited - Northern Power Corporation (now Hai Phong Power Company - Branch of Northern Power Corporation) has an investment project that is not eligible for VAT refund, the Company shall declare the input VAT of the investment project together with the VAT of production and business activities on declaration form 01/GTGT. In case the Company has declared the VAT of the investment project that is not eligible for VAT refund on declaration form 02/GTGT, it shall submit a supplementary declaration for each tax declaration with errors or omissions in accordance with the provisions of law on tax management. In case the investment project eligible for tax refund has been completed and put into operation, the input VAT of the investment project that is not eligible for tax refund shall be transferred to declaration form 01/GTGT in the next tax period from the time the investment project is completed and put into operation.