Circular 78/2021/TT-BTC recently issued by the Ministry of Finance of Vietnam has regulated identify some notable new points about e-invoices. In it, there are regulations on electronic invoices generated from cash registers connected to electronic data transfer with tax authorities.
Article table of contents
Instructions for e-invoices generated from cash registers (Artwork)
According to this Circular, Household businesses and individual businesses paying tax according to the declaration method have activities of providing goods and services directly to consumers according to business models (commercial centers; supermarkets; selling goods). retailing of consumer goods; catering; restaurants; hotels; retail of modern medicines; entertainment and entertainment services and other services) can choose to use e-invoices generated from cash registers with connecting electronic data transfer with tax authorities and such e-invoices must ensure the following principles :
- The seller’s name, address and TIN;
- Information about the buyer, if requested (personal identification number of TIN);
- Name of good/service, unit price, quantity and payment price. If an organization or enterprise pays taxes according to credit-invoice method, the selling price exclusive of VAT, VAT rate, total VAT payable, and total amount payable exclusive of VAT;
- Issuance date of the invoice;
- Code of the tax authority.
An electronic invoice with the tax authority's code generated from a cash register connected to electronic data transfer with the tax authority has the following contents:
- Name, address, tax identification number of the seller;
- Buyer information if required by the buyer (personal identification number or tax code);
- Name of goods or services, unit price, quantity, payment price. In case the organization or enterprise pays tax by the credit method, it must clearly state the VAT-exclusive selling price, VAT rate, VAT amount, and total payment including VAT;
- Time of invoicing;
- Tax authority code.
The tax authority's code is automatically issued, according to the character range for each of the above-mentioned business establishments when registering to use e-invoices with the tax authority's code generated from the cash register connected to data transfer. electronically with tax authorities and ensure no duplication.
When using an e-invoice generated from a cash register with an electronic data transfer connection to the tax authority, the seller is responsible for:
- Register to use e-invoices with tax authority's code generated from cash registers connected to electronic data transfer with tax authorities according to the provisions of Article 15 of Decree 123/2020/ND-CP of Vietnam;
- Make an electronic invoice with the tax authority's code generated from the cash register in accordance with regulations
- Be responsible for using the code character range issued by the tax authority when making e-invoices with the tax authority's code generated from the cash register connected to the electronic data transfer with the tax authority to ensure the connection customary and unique;
- Transfer the e-invoice data with the tax authority's code generated from the cash register to the tax authority within the same day through the service provider of receiving, transmitting and storing electronic data.
Circular 78/2021/TT-BTC of Vietnam takes effect from July 1, 2022.
>> See also: Instructions for identifying symbols on e-invoices
Bao Ngoc
