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red-check Amendments to some provisions on VAT, tax administration and invoices

Circular No. 26/2015/TT-BTCstatus2 dated February 27, 2015 of the Ministry of Finance on guidelines for value-added tax and tax administration in the Government's Decree No. 12/2015/ND-CPstatus2 dated February 12, 2015 on guidelines for the Law on amendments to Laws, Decrees on Taxations, and amendments to Circular No. 39/2014/TT-BTCstatus1 dated March 31, 2014 of the Ministry of Finance on invoices for goods sale and service provision
Posted: 6/3/2015 11:34:06 AM | Latest updated: 5/10/2022 1:50:46 PM (GMT+7) | LuatVietnam: 3678 | Vietlaw: 189
VietlawOnline

This Circular is to amend and supplement some provisions provided in the following Circulars:

1. Circular No. 219/2013/TT-BTCstatus2 (which has been amended according to Circular No. 119/2014/TT-BTCstatus2 and Circular No. 151/2014/TT-BTCstatus2 ) regarding subject not liable to VAT; deductible land price upon VAT calculation; entities not eligible for applying the VAT rate of 0%; conditions for VAT deduction; tax refund for projects of investment; tax refund for exported goods and services

2. Circular No. 156/2013/TT-BTCstatus1 (which has been amended according to Circular No. 119/2014/TT-BTCstatus2 and Circular No. 151/2014/TT-BTCstatus2 ) regarding declaration and payment of tax on extraprovincial business; VAT, excise tax declaration dossiers; declaring tax incurred by foreign transport companies; tax deferral; determination of late payment interest; inspection before tax refund

3. Circular No. 39/2014/TT-BTCstatus1 regarding conditions for using self-printed invoices; the use of invoices of subjects pose tax – related high risks; contents of the Notice of invoice issuance; principle of making invoices

Accordingly, one of the new points of this Circular is that the List of invoices, receipts for purchases and sales in VAT and excise tax declaration dossiers shall be annulled

As from January 01, 2015, the VAT declaration dossier is only required the VAT declaration form 01/GTGT (applied for the case of applying the credit method) or form 04/GTGT (applied for the case of applying the direct method)

This Circular takes effect as from the date on which Law No. 71/2014/QH13status2 and Decree No. 12/2015/ND-CPstatus2 dated February 12, 2015 take effect (January 01, 2015)

To annul regulations on List of invoices, receipts for purchases and sales, and regulations on exchange rates applied when determining assessable revenues and prices in the following documents:

- Circular No. 05/2012/TT-BTCstatus1 dated January 05, 2012;

- Circular No. 219/2013/TT-BTCstatus2 dated December 31, 2013;

- Circular No. 156/2013/TT-BTCstatus1 dated November 06, 2013;

- Circular No. 119/2014/TT-BTCstatus2 dated August 25, 2014.

Những điểm mới của Thông tư này đã được Tổng cục Thuế tổng hợp và giới thiệu tại Công văn số 767/TCT-CS ngày 5/3/2015.
Xem Văn bản hợp nhất số 18/VBHN-BTC ngày 19/6/2015.
Xem Văn bản hợp nhất số 16/VBHN-BTC ngày 17/6/2015.
Xem Văn bản hợp nhất số 17/VBHN-BTC ngày 17/6/2015.
Xem Văn bản hợp nhất số 13/VBHN-BTC ngày 15/5/2017.
Xem Văn bản hợp nhất số 14/VBHN-BTC ngày 15/5/2017.
Xem Văn bản hợp nhất số 11/VBHN-BTC ngày 9/5/2018.
Xem Văn bản hợp nhất số 14/VBHN-BTC ngày 9/5/2018.
Xem Văn bản hợp nhất số 15/VBHN-BTC ngày 9/5/2018.
Xem Văn bản hợp nhất số 21/VBHN-BTC ngày 30/12/2021.
Amendement notes
  • The new points provided in this Circular have been summarized and given by the General Department of Taxation in Dispatch No. 767/TCT-CS dated March 5th, 2015.
  • Article 2 of this Circular shall be abrogated from January 1st, 2022, according to the regulations at Circular No. 80/2021/TT-BTC dated September 29th, 2021.
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Related documents

Penalty document

stop-check 176/2016/TT-BTCAmendments, supplements to the regulations on penalties for invoice – related administrative violations
stop-check 10/2014/TT-BTCGuiding the penalties for invoice-related administrative violations

Information

Effective date 1-Jan-2015
Expired date Unknown
Published Vietlaw's Newsletter No. 189

Files attachment

enflag pdficon TT26_27022015BTC[EN].pdf

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