The latest guidelines about how to exchange information on E-Invoices in Vietnam. What information does the exchange information of E-Invoices include?
How to exchange information on E-Invoices in Vietnam?
Pursuant to Article 5 of the Model Regulation on the exchange of information on E-Invoices between the General Department of Taxation/Tax Department/Department of Taxation/Regional Sub-department of Taxation and exterior agencies/organizations promulgated with Official Letter 1727/ TCT-QLRR in 2022 stipulates the form of exchange of E-Invoice information as follows:
- Tax authorities provide information on E-Invoices to exterior agencies/organizations in the form of:
+ Use your account to access and look up on the E-Invoice Portal or look up on the E-Invoice application on the phone." <The registration for an account to access the E-Invoice Portal must comply with the provisions of Article 49 of the Decree No. 123/2020/ND-CP and details in the form No. 01/CCTT-DK on new or additional registration of an account included in this policy!>
+ Other forms:... <Specify other forms of information exchange specifically proposed to each external agency/organization as prescribed in Article 48 of Decree No. 123/2000/ND-CP.>
- Exterior agencies/organizations provide information to the Tax Authority in the form of:
+ Electronic exchange through information technology system: ... <Automatic data transmission, data query (web-service); Update functions on the HDĐTẠI system
+ Exchange directly: ... <Text, email, data files, information storage devices and other manual forms of exchange,...>
What information does the exchange of E-Invoice information include?
What information does the exchange of E-Invoice information include in Vietnam?
Pursuant to Article 4 of the Model Regulation on the exchange of information on E-Invoices between the General Department of Taxation/Tax Department/Department of Taxation/Regional Sub-department of Taxation and exterior agencies/organizations promulgated together with Official Letter 1727/ TCT-QLRR in 2022 stipulates the content of electronic invoice information exchange as follows:
The information provided by tax authorities:
a) Tax authorities provide information on E-Invoice, including the following information: ... <Specify the content of the information provided to serve the decentralization and decentralization of access to information content on the application. Examples are as follows:
No. | Details information |
1 | Symbol of invoice model number |
2 | Invoice symbol |
3 | Invoice number |
4 | Date of invoice |
… | … |
b) Usage period: ...<Specify suggested usage period, no more than 24 months.>
Information provided by an external agency/organization to the Tax Authority, including:
a) Incorrect information related to e-invoice: ... <Specify incorrect information that exterior agencies/organizations are able to identify during the management process to provide tax authorities serving for tax administration. Examples are as follows:
a.1) Goods circulated on the market without valid invoices and documents;
a.2) Goods circulated on the market without correct information on the invoice about quantity, type of goods, unit price, value,...,
a.3) Illegal use of invoices/use of illegal invoices according to the conclusion of the competent authority.>
b) Information related to other E-Invoices: ...<Information that may arise during the management process, for example as follows:
b. 1) Huge difference in the prices on invoices of the same item;
b.2) Information about businesses that do not issue invoices;
b.3) Information about enterprises suspected of buying and selling invoices (sales revenue is many times higher than registered charter capital), goods are not suitable for registered industries...>
Range of information:
a) Informational range of e-invoices provided by Tax authorities for exterior agencies/organizations: ...< Specify the range of e-invoice information, provide specific details for each
Exterior agencies/organizations mentioned in Clause 1 of this Article, for example as follows:
a.1) For the Public Security Agency: according to the locality of tax-payers to perform tax administration function, possibly limited approach a number of contents sorted by time range as prescribed at point a, clause 1, Article 4 of this Regulation.
a.2) For the Market surveillance Agency: nationwide, possibly limited approach a number of contents sorted by time range which is suitable for the purpose of inspecting goods on the market/market”.
a,3) Relevant information shall be carried out according to dossiers and cases as prescribed in Clause 2, Article 99 of the Law on Tax Administration on procedural activities: specific search according to the number of E-Invoice.>
b) Range of erroneous information related to E-Invoices provided by exterior agencies/organizations to tax authorities: ...< Specify the range of wrong information related to E-Invoices provided by exterior agencies/organizations to the Tax Authority, for example, according to records, cases or management areas.>
Where is the source of exchanging and providing information on E-Invoices in Vietnam?
Pursuant to Article 6 of the Model Regulation on the exchange of information on electronic invoices between the General Department of Taxation/Tax Department/Department of Taxation/Regional Sub-department of Taxation and exterior agencies/organizations, promulgated together with Official Letter 1727/ TCT-QLRR in 2022 stipulates the current focal point for exchanging and providing information on E-Invoices as follows:
- The source of the Tax Authority, including: ... <Specify the source for exchanging and providing information according to decentralization, specifically:
+ The Risk Management Board is the source of the central organizations.
+ The data-receiving department (for Tax Departments and Tax Sub-Departments of regional Tax Departments) is the source of the same organization units.>
- Contacts of exterior agencies/organizations, including: ...<Specify the source for exchanging and providing information of exterior agencies/organizations.>
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