How to calculate VAT by direct calculation method?

How to calculate VAT by the method of calculating directly on VAT:

Amount of VAT payable = Value added x VAT rate

In there:

– Value added tax rate of 10% applies to activities of buying, selling, processing gold, silver, and gems.

– The added value of gold, silver and precious stones is determined by:

VAT = Payment price of sold gold, silver and gems – Payment price of purchased gold, silver, and precious stones
.

+ The selling price is the actual selling price stated on the sale invoice of gold, silver, and gems, including the processing fee (if any), value-added tax and other surcharges and fees.
+ The purchase payment price is determined by the value of gold, silver, and precious stones purchased or imported, inclusive of value-added tax, used for trading and processing of gold, silver, and gems sold respectively.

How to determine VAT declarers by the direct method:

– Business households and individuals;
– Enterprises with annual revenue < 1 billion VND, (Except for registration of declaration under deduction method) – Newly established enterprises and cooperatives, (Except for registration of declaration under deduction method) ) – Other economic organizations, (Except for registration of declaration by deduction method)

How to determine Revenue

– Enterprises (enterprises) that have been operating since before 2013, based on the total target “Total revenue of HHDV sold is subject to VAT” on the monthly VAT declaration of the tax period from December 2012 to December 2012. end of November 2013.

– Newly established enterprises in 2013 shall be determined as follows: The total target “Total revenue of HHDV sold is subject to VAT” on the VAT declarations of the months in 2013 divided by the number of operating months and multiplied by (x) 12 months.

– Enterprises that make quarterly declarations from July 2013 will determine the following: The total target “Total revenue of goods sold is subject to VAT” on the VAT declaration of the tax period of October and November. , December 2012, the first 6 months of 2013 and on the VAT declaration of the tax period of the third quarter of 2013.