Circular 68: Guidance on determination of issuance dates of electronic invoices

02:26, 10/07/2024

Recently, the Ministry of Finance of Vietnam issued Circular 68/2019/TT-BTC guiding the implementation of certain articles of Decree 119/2018/ND-CP on electronic invoices when selling goods and providing services.

Depending on the type of invoice and sector, the timing for issuing electronic invoices will vary. Specifically, it is determined according to the guidance in Circular 68/2019/TT-BTC of the Ministry of Finance of Vietnam as follows:

thoi diem lap hoa don dien tu, Thong tu 68/2019/TT-BTC

Illustration (source: internet)

Issuance dates of electronic invoices for sale of goods/services, goods that are delivered multiple times or divided into multiple phases are determined as follows:

- Time of issue of an e-invoice for sale of goods is the time of transfer of the right to own or use goods to the buyer, irrespective of whether the payment of the invoiced amount is made or not.

- Time of issue of an e-invoice for provision of services is the time of completion of provision of services or the time of issue of the service invoice, irrespective of whether the payment of the invoiced amount is made or not.

- In case where multiple deliveries are required, or each goods item or service phase is accepted, it shall be mandatory to issue an invoice showing quantity, value of a good or service for each respective delivery or acceptance.

Additionally, for certain other cases, the timing for issuing electronic invoices is determined as follows:

Case	Issuance dates of electronic invoices
Periodic supply of electricity, water, telecommunications services, television services, IT services or insurance	Within the 7 days after the day on which the meter is recorded or the end of the cycle
Construction and installation	The date of commissioning and acceptance of the work or item, whether the payment has been collected or not
For organizations trading real estate, building infrastructure, houses for sale:	Before the right ownership or use is transferred	An electronic invoice shall be issued every time an installment is made in accordance with the agreement or contract.
	In case the right ownership or use has been transferred	An electronic invoice shall be issued on the date specified in Clause 1 Article 7 of Decree 119/2018/ND-CP of Vietnam’s Government
Air tickets issued via websites or e-commerce systems	Within 05 days from the day on which the ticket is issued on the website or e-commerce platform
Exploration and extraction of crude oil, condensate, natural gas, associated gas and coal gas	Issuance dates of electronic invoices shall comply with Clause 1 and Clause 3 of Article 7 of Decree 119/2018/ND-CP, whether the payment has been collected or not

More details can be found in Circular 68/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from November 14, 2019.

Thu Ba

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