What is payable iD number? What are the principles for issuing payable iD number in Vietnam?

What is the payable iD number in Vietnam?

According to Clause 6, Article 3 of Circular 19/2021/TT-BTC, the definition of the payable iD numberentification Number (ID), also known as the payable iD number, is explained as follows:

Terminology Explanation

In this Circular, the following terms are understood as follows:

...

6. “payable iD numberentification Number (ID)” is a unique sequence of characters generated on the tax management application system of the tax sector, specifically for each tax dossier or contribution of the taxpayer.

The payable iD numberentification Number (ID) is a set of characters generated on the tax management application system of the Tax Department, uniquely assigned to each tax dossier or contribution of the taxpayer.

What is payable iD number? What are the principles for issuing payable iD number in Vietnam? (Image from the Internet)

What is the use of payable iD numbers in Vietnam?

Based on Subsection 3, Section I of Official Dispatch 1483/TCT-KK of 2023, the use of the payable iD number is as follows:

(1) Taxpayers use the payable iD number to check the status of their tax obligations; to pay money to the state budget; and to verify and amend payment information at the General Department of Taxation's E-portal as instructed in Appendix 02 of Official Dispatch 1483/TCT-KK of 2023.

(2) State Treasury, the National Public Service Portal, and banks query the payable iD number at the General Department of Taxation's E-portal as per point 2 of Official Dispatch 1483/TCT-KK of 2023 or use the payable iD number on payment notices provided or declared by taxpayers on Payment Orders or Payment Vouchers to assist taxpayers in making direct payments at the State Treasury/banks or via electronic methods through services provided by the State Treasury/National Public Service Portal/banks as prescribed in point a, clause 5, and clause 7, Article 1 of Circular 72/2021/TT-BTC.

(3) The tax authority uses the payable iD number to monitor and manage taxpayers' tax obligations as instructed in Section II, Appendix 01 of Official Dispatch 1483/TCT-KK of 2023 with the following contents:

- Receive payment documents to the state budget with the payable iD number, and process offsets between contributions due and those already paid as per the ID.

- Process dossiers requesting verification and amendment of state budget payment information according to the ID.

What are the principles for issuing payable iD numbers in Vietnam?

Based on Section 1, Appendix 1 issued with Official Dispatch 1483/TCT-KK of 2023, the principles for issuing payable iD numbers are stated as follows:

(1) The payable iD number is generated in TMS, LPTB-ND application systems, ensuring uniqueness for each taxpayers' dossier or contribution.

- The payable iD number is provided to taxpayers as instructed in point 1b, Section I of this dispatch for taxpayers to make payments to the state budget; verify and amend state budget payment information as instructed in Appendix 02 issued with Official Dispatch 1483/TCT-KK of 2023.

- Commercial banks, branches of foreign banks where accounts are debited for taxpayer payments to the state budget, collecting banks, and the State Treasury use the payable iD number in transmitting information, payment documents to the State Treasury as instructed in Official Dispatch 1482/TCT-KK dated April 24, 2023, of the General Department of Taxation.

(2) When taxpayers create a Payment Voucher to the state budget at the General Department of Taxation's E-portal, the E-portal generates a consolidated payable iD number (hereinafter referred to as “Consolidated ID”):

(i) Consolidation condition: payable iD numbers sequentially ordered for payment; having the same receiving State Treasury information, tax authority, collection account, budget index, currency, and tax management characteristics.

(ii) The “Consolidated ID” is unique, representing a group of two or more payable iD numbers merged when taxpayers create a Payment Voucher. The amount of the “Consolidated ID” totals the amounts of the payable iD numbers. When selecting to pay by “Consolidated ID,” do not amend the amount.

(iii) Use of the Consolidated ID:

- The General Department of Taxation's E-portal allows taxpayers to choose to create a Payment Voucher by a “Consolidated ID” automatically merged from all eligible payable iD numbers or;

- If the E-portal has automatically merged eligible contributions but the taxpayer only wants to pay for one or some contributions (due to insufficient bank account debit conditions for the pre-merged Consolidated ID), the system allows taxpayers to:

+ Choose a payable iD number to create a Payment Voucher.

+ Choose two or more eligible payable iD numbers for the system to generate a new “Consolidated ID.”

(iv) The “Consolidated ID” (if applicable) is transmitted through the collection information exchange system between the E-portal of the General Department of Taxation and coordinating banks like a payable iD number.