When to Submit the Report on Invoice Usage for the Second Quarter of 2024? What is the Penalty for Late Submission?
When should the Q2 2024 invoice usage report be submitted?
Based on Clause 1, Article 29 of Decree 123/2020/ND-CP, the following provisions apply:
Report on the use of pre-printed invoices purchased from the tax authority and the list of invoices used within the period
- Quarterly, businesses, economic organizations, households, and individual businesses that purchase invoices from the tax authority are responsible for submitting the report on the use of invoices and the list of invoices used within the period to the directly managing tax authority.
The report on the use of invoices is to be submitted quarterly, no later than the last day of the first month of the following quarter using Form No. BC26/HDG Appendix IA issued with this Decree.
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Thus, the report on the use of invoices is to be submitted quarterly, no later than the last day of the first month of the following quarter in which the invoice usage arises.
In 2024, the deadline for submitting the invoice usage report for Q2 2024 is July 31, 2024.
When to submit the Q2 2024 invoice usage report? How much is the late submission penalty? (Image from Internet)
Is it mandatory to report the use of paper invoices?
Based on Clause 4, Article 4 of Decree 123/2020/ND-CP, regarding the principles of making, managing, and using invoices and documents, the following provisions apply:
Principles of making, managing, and using invoices and documents
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- Organizations, households, and individual businesses during the usage process must report the usage status of invoices purchased from the tax authority, the usage status of printed or self-printed receipts, or receipts purchased from the tax authority as stipulated in Articles 29 and 38 of this Decree.
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Simultaneously, Article 29 of Decree 123/2020/ND-CP prescribes the report on the use of pre-printed invoices purchased from the tax authority and the list of invoices used within the period as follows:
Report on the use of pre-printed invoices purchased from the tax authority and the list of invoices used within the period
- Quarterly, businesses, economic organizations, households, and individual businesses that purchase invoices from the tax authority are responsible for submitting the report on the use of invoices and the list of invoices used within the period to the directly managing tax authority.
The report on the use of invoices is to be submitted quarterly, no later than the last day of the first month of the following quarter in which the invoice usage arises using Form No. BC26/HDG Appendix IA issued with this Decree.
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Businesses, economic organizations, households, and individuals must submit the report on the use of paper invoices to the directly managing tax authority in the case of purchasing pre-printed invoices from the tax authority.
How much is the penalty for late submission of the Q2 2024 invoice usage report?
Based on Article 29 of Decree 125/2020/ND-CP, rectified by Clause 2 of Official Dispatch 29/CP-KTTH in 2021, the following provisions apply:
Sanctions for violations in making and sending notifications and reports on invoices
A warning is imposed for submitting notifications, reports on invoices late by 01 to 05 days after the regulated deadline with mitigating circumstances.
A fine ranging from 1,000,000 VND to 3,000,000 VND for one of the following acts:
a) Submitting notifications, reports on invoices late by 01 to 10 days after the regulated deadline, except as stipulated in Clause 1 of this Article;
b) Incorrectly or incompletely making the notifications, reports on invoices as stipulated, sent to the tax authority.
If organizations and individuals discover errors themselves and remake the notifications, and reports correctly and send them to the tax authority before the tax authority or a competent authority issues a decision to inspect or audit at the taxpayer's premises, no fines will be imposed.
A fine ranging from 2,000,000 VND to 4,000,000 VND is imposed for submitting notifications, reports on invoices sent to the tax authority late by 11 to 20 days after the regulated deadline.
A fine ranging from 4,000,000 VND to 8,000,000 VND is imposed for submitting notifications, reports on invoices sent to the tax authority late by 21 to 90 days after the regulated deadline.
A fine ranging from 5,000,000 VND to 15,000,000 VND for one of the following acts:
a) Submitting notifications, reports on invoices late by 91 days or more after the regulated deadline;
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Based on Point a, Clause 4, Article 7 of Decree 125/2020/ND-CP, the following provisions apply:
Forms of penalties, remedial measures, and principles for applying fines when handling administrative violations in taxes and invoices
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- Principles for applying fines
a) The fines stipulated in Articles 10, 11, 12, 13, 14, 15, Clauses 1 and 2 of Article 19, and Chapter III of this Decree are applied to organizations.
For taxpayers being households or household businesses, the fines are applied as for individuals.
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The act of late submission of the invoice usage report will be subject to administrative fines as follows:
| Violation | Penalty |
| Late by 01 day to 05 days with mitigating circumstances | Warning |
| Late by 01 day to 10 days | Fine ranging from 1,000,000 VND to 3,000,000 VND |
| Late by 11 days to 20 days | Fine ranging from 2,000,000 VND to 4,000,000 VND |
| Late by 21 days to 90 days | Fine ranging from 4,000,000 VND to 8,000,000 VND |
| Late by 91 days or more | Fine ranging from 5,000,000 VND to 15,000,000 VND |
Note: These fines apply to organizations violating the regulations. For taxpayers being households or household businesses, fines will be applied as for individuals.
