Clause 4 Article 5 of Circular No. 219/2013/TT-BTC allows the exemption from value added tax (VAT) upon transferring (re-selling) a project but it only applies to projects on production of and trading in VATable goods and services rather than applies to cases not liable to VAT.
The sector of teaching, vocational teaching is not liable to VAT according to Clause 13 of Article 4 of Circular No. 219/2013/TT-BTC , upon transferring a project in this sector, it shall not be exempt from VAT.
|Published||Vietlaw's Newsletter No. 475|