Vietnam: What does tax prints include?

Vietnam: What does tax prints include?

Based on Section 5 of the Procedure issued in conjunction with Decision 2262/QD-TCT 2020, tax prints include: various types of invoices, tax receipts, fee and charge receipts, and other print materials. Specifically:

- Various types of invoices: Value-added tax invoices, Sales invoices (including Sales invoices used for organizations and individuals in non-tariff zones), VAT refund invoices, National reserve sales invoices, Internal transportation management slips, Internal dispatch slips of goods sent for consignment sales managed as invoices, Other types of invoices (stamps, tickets, cards, etc.).

- Tax receipts include: Tax payment receipts, penalty payment receipts (denominated and non-denominated), personal income tax withholding vouchers; revenue receipts, Domestically produced tobacco stamps are managed in the Tax Print Management application as tax receipts.

- Fee and charge receipts include: Non-denominated fee and charge receipts; denominated fee and charge receipts; Domestically produced alcohol stamps are managed in the Tax Print Management application as fee and charge receipts.

- Other print materials include: various types of declarations, books, reports...

- Selling individual invoices: This is where Tax authorities sell individual invoices to business households and individuals from invoice books created and issued by tax authorities (including households and individuals paying lump-sum tax who do not need to use invoice books but require single invoices; households and individuals paying tax per occurrence and households and individuals with assets rented by agencies and units using state budget funds who are eligible for single invoice sales by tax authorities as regulated).

- Issuing single invoices: This is when the Tax authorities issue single invoices to non-business households and individuals with assets rented by agencies and units using state budget funds and non-business organizations (including organizations that are not enterprises but engage in sales of goods and supply of services; enterprises that are dissolved, bankrupt, have settled taxes, deactivated tax codes, and require liquidation invoices for buyers, and state agencies not subject to VAT payment by the deduction method during asset auction sales) from invoice books created and issued by tax authorities that are eligible for single invoice issuance.

Vietnam: What does tax prints include? (Image from the Internet)

What are the duties of tax authorities at all levels in tax prints in Vietnam?

Based on sub-section 7 of Section 1, Part 2 of the Procedure issued in conjunction with Decision 2262/QD-TCT 2020, the duties of tax authorities at all levels in printing tax prints are as follows:

(1) TVQT Department at the General Department of Taxation:

- Advising on technical matters: Print materials design, printing paper, size, printing techniques, anti-fraud measures, inspection of printed product quality.

- Advising leadership on organizing bidding for the printing of print materials according to directions from the Prime Minister and the Ministry of Finance; Drafting and submitting print contract proposals to the leadership of the General Department for signature.

- Liquidating print contracts.

- Making payments for print materials as agreed in the signed print contracts.

- Implementing portions of the expenses related to print material management approved by the leadership of the General Department of Taxation.

(2) At Tax Departments:

- The Office or TV - QT - AC Department shall carry out:

+ Advising leadership on technical matters: Design of print materials to be printed, printing paper, size, printing techniques, anti-fraud measures, etc.

+ Inspecting the quality of printed products.

+ Advising Tax Department leadership to organize bidding or direct contract awarding for the printing of print materials as necessary.

+ Negotiating and signing print contracts and making payments as per the agreements in the contract, and liquidating contracts.

What are regulations on management of contracts on tax prints in Vietnam?

Based on sub-section 8 of Section 1, Part 2 of the Procedure issued in conjunction with Decision 2262/QD-TCT 2020, the management of print contracts is clearly stated as follows:

The print contract must reflect the following criteria: Contract number, date; detailed per template, type, code, quantity of print materials; from number, to number, and other contract monitoring criteria.

The Office or TV - QT - AC Department at the Tax Department shall perform:

- After the print contract is signed, transfer one copy of the print contract to the TTHT Department at the Tax Department to enter it into the QLAC application.

The TVQT Department at the General Department of Taxation, TTHT Department at the Tax Department shall perform.

- Enter detailed figures in the print contract into the QLAC application: Sample symbol, print material name, code, quantity, from number, to number of each type of print material, and other contract monitoring criteria.

- Adjusting print contract:

+ Adjusting the contract from one type of print material to another based on the needs of organizations and individuals or due to policy changes. The adjustment does not increase the contract value.

- The QLAC application automatically records:

+ Contract Management Book (model: HD01/AC);

+ Print Material Symbol and Quantity Management Book (model: HD02/AC);

+ Contract Execution Monitoring Book (model: HD03/AC); helping users track the number of print materials already delivered by the printing house; the number of print materials yet to be delivered by the printing house, detailed by type of print material.