Solving problems in issuing commercial discount invoice in Vietnam about invoice content and taxable price?
Answer questions about issuing commercial discount invoice in Vietnam of Hanoi Tax Department?
Pursuant to Official Letter 457/CTHN-TTHT in 2022 on answering questions about issuing commercial discount invoice in Vietnam as follows:
+ In Article 10 of Decree 123/2020/ND-CP stipulating invoice content:
“Article 10. Contents of invoices
…
6. Name, unit of calculation, quantity and unit price of goods and services; into money excluding value-added tax, value-added tax rate, total value-added tax amount by each tax rate, total value-added tax, total payment with value-added tax increase.
…
dd) In case the business establishment applies the form of commercial discount for customers or promotion as prescribed by law, the commercial discount invoice in Vietnam or promotion amount must be clearly shown on the invoice. The determination of the value-added tax calculation price (into cash excluding value-added tax) in the case of application of commercial discount invoice in Vietnam for customers or promotions shall comply with the provisions of the law on value-added tax. ..."
+ In Clause 22, Article 7 of Circular 219/2013/TT-BTC stipulating the taxable price:
“Article 7. Taxable price
...
22. Taxable prices for goods and services specified in Clauses 1 to 21 of this Article include surcharges and additional charges in addition to the prices of goods and services to which business establishments are entitled.
In case the business establishment applies the form of commercial discount for customers (if any), the VAT calculation price is the sales price already discounted commercially for the customer. In case the commercial discount is based on the quantity and sales of goods and services, the discount amount of the sold goods shall be adjusted on the goods and service sale invoice of the last purchase or period. next. In case the discount amount is made at the end of the sales discount invoice in Vietnam program (period), an adjusted invoice shall be issued with a list of the invoice numbers to be adjusted, the adjusted amount and tax amount. Based on the adjusted invoice, the seller and the buyer declare and adjust the revenue from purchase and sale, output and input taxes..."
Pursuant to the above-cited regulations, in case the Company uses e-invoices according to Decree No. 123/2020/ND-CP of the Government, a commercial discount will be applied to customers buying goods in accordance with regulations of the Government. According to the law, the invoice content must comply with the provisions of Point dd, Clause 6, Article 10 of Decree No. 123/2020/ND-CP. In case the commercial discount is based on the quantity and sales of goods and services, the discount invoice in Vietnam of the sold goods shall be adjusted on the goods and service sale invoice of the last purchase or period. next; In case the discount amount is made at the end of the sales discount program (period), an adjusted invoice shall be issued with a list of invoice numbers to be adjusted, the adjusted amount and tax amount as prescribed in Clause 1 of this Article. 22 Article 7 Circular No. 219/2013/TT-BTC of the Ministry of Finance.
In the process of implementing tax policy, in case there are still problems, the Company can refer to the guiding documents of the Hanoi Tax Department posted on the website http://hanoi.gdt.gov.vn or contact Contact the Department of Inspection - Inspection No. 1 for assistance in solving.
Hanoi: Solving problems in issuing commercial dicount invoices about invoice content and taxable price?
How to convert discount invoice in Vietnam into paper invoices and vouchers?
Pursuant to Article 7 of Decree 123/2020/ND-CP stipulates as follows:
"Article 7. Converting e-invoices and electronic documents into paper invoices and vouchers
1. Lawful e-invoices and e-documents shall be converted into paper invoices and documents upon arising economic and financial professional requirements or at the request of tax administration agencies or inspection agencies. audit, inspect, examine, investigate and in accordance with the law on inspection, examination and investigation.
2. The conversion of e-invoices and e-documents into paper invoices and documents must ensure the correct match between the contents of the e-invoices and e-documents and the paper invoices and documents after the transfer. change.
3. If an electronic invoice or electronic document is converted into a paper invoice or voucher, then the paper invoice or voucher is only valid for keeping for bookkeeping and monitoring in accordance with the law on accounting. The law on electronic transactions is not valid for transactions and payments, except for the case where the invoice is generated from the cash register with an electronic data transfer connection with the tax authority as prescribed in this Decree. ."
What is the regulation on the time of determining VAT?
Pursuant to the provisions of Article 8 of Circular 219/2013/TT-BTC, the time of determination of VAT is prescribed as follows:
"Article 8. Time of VAT determination
1. For the sale of goods, it is the time when the ownership or right to use the goods is transferred to the buyer, regardless of whether money has been collected or not.
2. For service provision, it is the time when the service is completed or the service invoice is issued, regardless of whether money has been collected or not.
For telecommunications services, it is the time to complete the verification of data on telecommunications connection service charges under economic contracts between telecommunications service providers, but no later than 2 months from the date of issuance. charges for telecommunication connection services.
3. For electricity and clean water supply activities, it is the date on which the electricity and water consumption figures are recorded on the meter to be recorded on the bill of lading.
4. For real estate business, infrastructure construction, house construction for sale, transfer or lease, the time to collect money is according to the project implementation progress or the payment schedule stated in the contract. copper. Based on the collected amount, business establishments shall declare output VAT arising in the period.
5. For construction and installation, including shipbuilding, is the time of acceptance, handover of works, work items, completed construction and installation volumes, regardless of whether money has been collected or not. have not received the money.
6. For imported goods, it is the time of registration of the customs declaration."
Thus, the time of determination of VAT is specified as above.
Decree 123/2020/ND-CP takes effect from July 1, 2022.
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