Penalties for the Act of Not Issuing a Consolidated Invoice in Accordance with Regulations

Point a Clause 2 Article 24 of Decree 125/2020/ND-CP (Effective from December 5, 2020) stipulates penalties for violations of regulations on invoice issuance when selling goods and services as follows:

"2. A fine ranging from VND 500,000 to VND 1,500,000 shall be imposed for one of the following acts:

a) Failure to issue a consolidated invoice as prescribed by law on the sale of goods and provision of services."

According to Clause 4 Article 7 of this Decree, the principle of applying fines is regulated as follows: The fine levels specified in Articles 10, 11, 12, 13, 14, 15, Clause 1, 2 of Article 19 and Chapter III of this Decree are applicable to organizations.

Since Article 24 belongs to Chapter III of Decree 125/2020/ND-CP, the penalty in Article 24 applies to organizations.

Thus, if an organization fails to issue a consolidated invoice as prescribed by law, it will be fined from VND 500,000 to VND 1.5 million.

Sincerely!