Accordingly, the Ministry of Finance guides 02 contents on VAT in Decree 15/2022/ND-CP as follows:
1.About groups of goods and services not eligible for VAT reduction
Clause 1, Article 1 of Decree 15/2022/ND-CP stipulates the exclusion of specific groups of goods and services that are not eligible for tax reduction and is detailed in Appendix I, II, III issued together with Decree 15/ 2022/ND-CP.
Tax Departments shall guide taxpayers to compare goods and services produced and traded by taxpayers with groups of goods and services that are excluded from tax reduction in Clause 1, Article 1 of Decree 15/2022/ND. -CP and the List of goods and services not eligible for tax reduction in Appendix I, II, III issued together with Decree 15/2022/ND-CP to comply with regulations.
2.About time of invoice
Regarding the time of making invoices, the Ministry of Finance guides as follows:
– In case a business establishment signs a service provision contract with collection of money before or during service provision, an invoice has been issued at the time of collection before February 1, 2022 with the tax rate of 10%, but the service completed within the period from February 1, 2022 to the end of December 31, 2022, the amount invoiced before February 1, 2022 is not eligible for VAT reduction policy;
For the remaining unpaid amount, which is invoiced from February 1, 2022 to the end of December 31, 2022 in accordance with the law, the VAT reduction policy will be applied.
– In case a business establishment provides goods and services subject to the tax rate of 10% in January 2022, but it is not until February 2022 that the business establishment issues an invoice for the revenue from the sale of goods and services. born in January 2022, they are in the case of making invoices at the wrong time and not eligible for VAT reduction.
– For invoices made before February 1, 2022 with the VAT rate of 10%, after February 1, 2022, there are errors that need to be adjusted in terms of money, VAT or return of goods. the adjusted invoice, the goods return invoice shall be made with the VAT rate of 10%.
– For activities of providing specific goods and services such as electricity supply, business establishments are entitled to a reduction in VAT according to regulations for invoices made from February 1, 2022 to the end of December 31, 2020. 2022.
Official Dispatch 2688/BTC-TCT was issued on 23/3/2022.
Source: law library