Sample of the Request for Cancellation of a Filed VAT Return in Vietnam

Sample of the Request for Cancellation of a Filed VAT Return in Vietnam

Sample of the Request for Cancellation of a Filed VAT Return is used when there are errors in the process of preparing VAT collection declaration with errors such as: wrong declaration date, wrong content, wrong VAT declaration period.

You can refer to the Sample of the Request for Cancellation of a Filed VAT Return below:

OFFICIAL DISPATCH
(Re: Notice of cancellation of VAT declaration in the month of ....)

To : DISTRICT TAX DEPARTMENT ...................................

Company's name: .............................................. ................................................................ ....................

Headquarters: ………………........................................ ................................................................ ............

Tax code:.............................................. ................................................................ .................................

Legal representative:........................................... ................................................................ .....

According to the regulations…………………………………………………............................ ..........................

The company ............................... is subject to quarterly VAT declaration but due to an accounting mistake, it missed payment Monthly VAT declaration .................... Therefore, with this official dispatch, the Company ................ .......................... respectfully hope that the District Tax Department ………. Cancel the monthly VAT declaration ................................ so that our company can declare quarterly tax accordingly instructions from the above documents.

We sincerely thank you!

We would like to announce!

05 cases that are not required to declare, calculate and pay value-added tax in Vietnam

Pursuant to Clause 3 Article 2 of the Decree 209/2013/NĐ-CP stipulating cases that are not required to declare, calculate and pay value-added tax in Vietnam as follows:

(1) Organizations and individuals receive amounts involving compensation, awards, subsidies, money for transfer of emission right and other financial revenues.

(2) Vietnam-based production and business organizations and individuals that purchase services from foreign organizations without permanent establishments in Vietnam or overseas individuals not residing in Vietnam including the following cases:

+ Repair of means of transport, machinery or equipment (including supplies and spare parts); advertisement and marketing; investment and trade promotion; goods sale and service provision brokerage: or training;

+ Share with foreign partners charges for international post or telecommunications services provided outside Vietnam.

(3) The non-business organizations and individuals are not value- added tax payer upon selling assets.

(4) Organizations and individuals that transfer investment projects for production of and trading in goods or services subject to value-added tax to enterprises or cooperatives.

(5) Cultivation, husbandry and aquatic products which have not yet been processed into other products or have been just preliminarily processed and sold to enterprises or cooperatives, except for case defined at Clause 1 Article 5 of the Law on Value-Added Tax in 2008.

Sample of the Request for Cancellation of a Filed VAT Return in Vietnam - Source: Internet

What are conditions for input VAT deduction in Vietnam?

Pursuant to Clause 2 Article 12 of the Law on Value-Added Tax in 2008 (amended by Clause 6 Article 1 of the Law on amendments to the Law on Value-Added Tax in 2013) stipulating deduction of input VAT as follows:

Deduction of input VAT

...

2. Required papers for input VAT deduction:

a) Sale invoices or receipts of tax payment at the importation stage;

b) There are receipts of non-cash payments for purchased goods and services, except for the purchases below 20 million VND;

c) Required papers for exported goods and services apart from the papers in Point a and Point b of this Clause: a contract sign with a foreign partner to sell, process goods or provide services; sale invoices; receipts of non-cash payments; customs declarations of exported goods.

The payment for exported goods and services by offsetting the exported goods and services against the imported goods and services and repayment of debts on behalf of the State is considered non-cash payments.

As regulations above, conditions on a business establishment to be entitled to input value-added tax credit are specified as follows:

- Sale invoices or receipts of tax payment at the importation stage;

- There are receipts of non-cash payments for purchased goods and services, except for the purchases below 20 million VND;

Note: For exported goods and services, following conditions are required:

- Having sale invoices or receipts of tax payment at the importation stage;

- Having receipts of non-cash payments for purchased goods and services, except for the purchases below 20 million VND;

- Having a contract sign with a foreign partner to sell, process goods or provide services;

- Haivng sale invoices;

- Having receipts of non-cash payments;

- Having customs declarations.

The payment for exported goods and services by offsetting the exported goods and services against the imported goods and services and repayment of debts on behalf of the State is considered non-cash payments.

Best regards!