Vietnam: Anti-counterfeit stamps are a form of symbol used to identify sales invoices

Anti-counterfeit stamps are a form of symbol used to identify sales invoices (Illustration)

Article 10 of Circular 16/2012/TT-BTC prescribes the forms of identification for invoices as follows:

• Reserve units when printing, issuing, and releasing national reserve sales invoices can use identifiers on the invoices they issue to facilitate the identification of invoices during printing, issuance, and usage. Depending on the scale, operational characteristics, and management requirements, the reserve unit may choose one or more of the following forms to serve as identifiers: affixing anti-counterfeit stamps; using special printing techniques; using special paper, ink; incorporating unique symbols in each batch of printed or issued invoices; pre-printing stable criteria on the invoice (such as the seller's name, tax code, address; type of goods or services; unit price…), and including the signature and seal of the reserve unit when issuing the invoice...
• In case any violations related to the printing, issuance, management, or use of invoices are detected, the reserve unit must immediately report to the tax authorities. When the tax authorities or other competent state agencies request verification of issued invoices, the reserve unit that printed and issued the invoices is obliged to respond in writing within ten (10) days from receiving the request.

Additionally, Article 7 of this Circular stipulates that the management and use of electronic invoices are to be conducted according to the separate guidelines issued by the Ministry of Finance.

More details can be found in Circular 16/2012/TT-BTC, effective from March 26, 2012.

Le Vy

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