From August 01, 2204, Apply Electronic Invoices Generated from Cash Registers in Golf Business
From August 01, 2024, apply electronic invoices generated from cash registers in golf business?
On June 4, 2024, the General Department of Taxation issued Official Telegram 01/CD-TCT in 2024 regarding the urgent and effective implementation of tax management over e-commerce activities and electronic invoices generated from cash registers.
The General Director of the General Department of Taxation requested the Directors of the Tax Departments of provinces and cities, the Large Enterprise Tax Department to urgently perform the following tasks:
- Comprehensive inspection of organizations, households, and individuals conducting e-commerce business
Implementing synchronous, comprehensive review and inspection of tax declaration, tax payment, and the use of electronic invoices by organizations, business households, and individuals engaged in e-commerce, trading on e-commerce platforms, affiliate marketing, providing digital content products, and receiving income from advertising activities, providing software... particularly, organizations and individuals doing online business, live streaming to sell goods and services,...
- Implement solutions to apply electronic invoices generated from cash registers from August 01, 2024, for the following types of business:
+ Selling golf course tickets and providing services on the course;
+ Selling golf attire, equipment, accessories, etc., for playing golf.
- Develop plans and implement inspection and examination activities for the aforementioned types of business to ensure business establishments understand and fully realize their responsibilities and commit to strictly declaring and paying taxes as prescribed, promoting the implementation of electronic invoices generated from cash registers, and preventing revenue loss to the state budget.
- Vigorous deployment of the tasks to the officials of the Tax Department, leaders of units and specific department heads, and particularly to those managing units to work, propagating policies and legal regulations on tax declaration, payment, and the use of electronic invoices in transactions to each business establishment in the field of e-commerce, golf business, supporting services for golf courses, etc.
- Direct the review, statistics, and assessment of tax management activities to develop plans for applying electronic invoices generated from cash registers for types of business with revenue from selling entrance tickets to tourist areas, entertainment activities,... reporting to the General Department of Taxation before August 01, 2024.
Thus, according to Official Telegram 01/CD-TCT in 2024, from August 01, 2024, electronic invoices generated from cash registers will apply to the following types of business:
+ Selling golf course tickets and providing services on the course;
+ Selling golf attire, equipment, accessories, etc., for playing golf.
From August 01, 2024, apply electronic invoices generated from cash registers in the golf business?
What principles include the creation of electronic invoices with codes from cash registers?
Article 11 of Decree 123/2020/ND-CP regulates that invoices generated from cash registers must ensure the following principles when connecting electronic data transfers with the tax authority:
Invoices generated from cash registers with connected electronic data transfer to the tax authority
Invoices generated from cash registers with connected electronic data transfer to the tax authority ensure the following principles:
1. Identifiable as invoices printed from cash registers with connected electronic data transfer to the tax authority;
2. Digital signatures are not mandatory;
3. Expenses for purchasing goods and services using invoices (or invoices copies or querying information from the General Department of Taxation's electronic portal about invoices) generated from cash registers are considered legal and sufficient for tax obligation determination. When identifying the tax obligation.
The creation of electronic invoices is based on the following three principles:
- Identifiable as invoices printed from cash registers with connected electronic data transfer to the tax authority;
- Digital signatures are not mandatory;
- Expenses for purchasing goods and services using invoices (or invoices copies or querying information from the General Department of Taxation's electronic portal about invoices) generated from cash registers are considered legal and sufficient for tax obligation determination.
Note: Tax authority codes are automatically assigned, with respective codes for each business establishment when registering to use electronic invoices with codes from the tax authority generated from cash registers with connected electronic data transfer to the tax authority and ensure no duplication.
What contents are needed on electronic invoices generated from cash registers?
According to Clause 3, Article 8 of Circular 78/2021/TT-BTC, it is stipulated that electronic invoices with codes from the tax authority generated from cash registers with connected electronic data transfer to the tax authority include the following contents:
- Name, address, and tax code of the seller;
- Buyer information if the buyer requests (personal identification code or tax code);
- Name of goods and services, unit price, quantity, payment amount. Particularly, if the organization or enterprise pays taxes by the deduction method, it must clearly state the selling price excluding VAT, VAT rate, VAT amount, total payment amount including VAT;
- Time of invoice creation; and
- Tax authority code.
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