What are regulations on use of e-invoices in some cases in Vietnam?
What are regulations on use of e-invoices in some cases in Vietnam? Please support according to the latest regulations.
Use of e-invoices in some cases in Vietnam specified in Article 6 of Circular 78/2021/TT-BTC (Effective from July 1, 2022), specifically as follows:
1. Transfer of data on issued unauthenticated e-invoices to the tax authority in the case specified in Point a.2 Clause 3 Article 22 of Decree No. 123/2020/ND-CP shall be carried out as follows: The seller shall concurrently send the invoice that contains adequate information as prescribed to the buyer and the tax authority within the same day.
2. Household businesses and individual businesses that use e-invoices include:
a) A household business or individual business that pays tax according to the tax declaration method is required to issue e-invoices;
b) If a household business or individual business that pays fixed tax needs to issue invoices, tax authority shall provide it with e-invoices separately on an on-demand basis;
c) If a household business or individual business that declares taxes as they arise needs to issue invoices, tax authority shall provide it with e-invoices separately on an on-demand basis.
3. In case of banking services, invoices shall be issued periodically under terms and conditions of the service contract signed between two parties, and accompanied by statements or other documents bearing certification of two parties provided that the invoice must be issued by the last day of the month in which services are provided;
Where a large volume of banking services is provided regularly and requires more time for checking and verifying data/figures between the bank and relevant third parties (including settlement and international card service providers or other organizations), invoices shall be issued upon completion of data/figures verification between the parties but no later than the 10th day of the month following the month in which services are provided.
4. In case of selling of petrol and oil, the seller shall transfer data on sales invoices issued in the day as prescribed in Point a.1 Clause 3 Article 22 of Decree No. 123/2020/ND-CP. Where the seller and the buyer has entered into an agreement which facilitates the circulation of goods or data search, the seller shall concurrently send the invoice that contains adequate information as prescribed to the buyer and the tax authority as prescribed in Point a.2 Clause 3 Article 22 of Decree No. 123/2020/ND-CP.
Best Regards!
