Amending and Supplementing Numerous Provisions on Penalties for Invoice Violations

Reducing the Penalty for the Act of Ordering Invoices without Signing a Written Printing Contract

The monetary penalty (including both the party ordering the printing and the party receiving the order) for the act of ordering invoices without signing a written printing contract or the organization receiving the printing order using the self-printed invoices but without the decision of the head of the unit to print the invoices as prescribed shall be from VND 500,000 to VND 1,500,000 (the current penalty according to Circular 10/2014/TT-BTC is from VND 2,000,000 to VND 4,000,000);

Adding Violations on Invoice Issuance

A monetary penalty from VND 500,000 to VND 1,500,000 for one of the following acts:

- Submitting a notice of adjustment of information in the invoice issuance notice to the directly managing tax authority and the act of submitting a list of unused invoices to the tax authority where the business is relocated when the business changes its address leading to a change in the directly managing tax authority, delayed after 10 days from the date of starting to use the invoices at the new address.- Using invoices that have been issued to the tax authority but not yet due for usage (5 days from the date of sending the issuance notice).

Increasing the Penalty for Violations in the Use of Invoices by Buyers

Except for cases of loss, fire, or damage to invoices due to natural disasters, fires, or unexpected events, force majeure, the monetary penalty for the act of losing, burning, or damaging issued invoices (handover to customers) for accounting, tax declaration, and budget settlement is from VND 4,000,000 to VND 8,000,000 (current penalty is from VND 2,000,000 to VND 4,000,000);

Supplementary Regulations on Penalty Authority

- Authority of tax authorities.- For tax officials on duty:- Warning;- Fine up to VND 500,000.- For the head of the Tax Team:- Warning;- Fine up to VND 2,500,000.- For the head of the Tax Sub-department:- Warning;- Fine up to VND 25,000,000;- Apply remedial measures prescribed in clause 5 of Article 6, clause 6 of Article 7, clause 8 of Article 8, clause 4 of Article 9, clause 3 of Article 10, clause 6 of Article 11 of Circular 10/2014/TT-BTC and clause 4 of Article 13 of this Circular.- For the director of the Tax Department:- Warning;- Fine up to VND 70,000,000;- Apply remedial measures prescribed in clause 5 of Article 6, clause 6 of Article 7, clause 8 of Article 8, clause 4 of Article 9, clause 3 of Article 10, clause 6 of Article 11 of Circular 10/2014/TT-BTC and clause 4 of Article 13 of this Circular.- Authority of Chairmen of People's Committees at all levels.- For the chairman of the People's Committee of the commune level:- Warning;- Fine up to VND 5,000,000.- For the chairman of the People's Committee of the district level:- Warning;- Fine up to VND 25,000,000;- Apply remedial measures prescribed in clause 5 of Article 6, clause 6 of Article 7, clause 8 of Article 8, clause 4 of Article 9, clause 3 of Article 10, clause 6 of Article 11 of Circular 10/2014/TT-BTC and clause 4 of Article 13 of this Circular.- For the chairman of the People's Committee of the provincial level:- Warning;- Fine up to VND 50,000,000;- Apply remedial measures prescribed in clause 5 of Article 6, clause 6 of Article 7, clause 8 of Article 8, clause 4 of Article 9, clause 3 of Article 10, clause 6 of Article 11 of Circular 10/2014/TT-BTC and clause 4 of Article 13 of this Circular.”

See detailed content at Draft.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE