xem bóng đá trực tiếp vtv2Are sugar-sweetened beverages subject to VAT in Vietnam?
Are sugar-sweetened beverages subject to VAT in Vietnam?
Pursuant to Article 3 of xem bóng đá trực tiếp vtv2Law on Value Added Tax 2008, which provides for goods and services subject to VAT as follows:
Taxable Objects
Goods and services used for production, business, and consumption in Vietnam are subject to value-added tax, except for those specified in Article 5 of this Law.
Based on Clause 1, Article 10 ofCircular 219/2013/TT-BTCas amended by Clause 6, Article 1 ofCircular 26/2015/TT-BTCregarding xem bóng đá trực tiếp vtv2 VAT rate for soft drinks as follows:
5% Tax Rate
1. Clean water used for production and daily activities, excluding bottled drinking water and other beverages subject to a 10% tax rate.
- Ores for fertilizer production; pesticides and growth stimulants for plants and animals, including:
a) Ores for fertilizer production are raw materials for fertilizer production such as Apatite ore for phosphorus fertilizers, peat for bio-fertilizer;
b) Pesticides included in xem bóng đá trực tiếp vtv2 list of plant protection drugs issued by xem bóng đá trực tiếp vtv2 Ministry of Agriculture and Rural Development and other pesticides;
c) Growth stimulants for plants and animals.
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From xem bóng đá trực tiếp vtv2 above provisions, it can be seen that sugar-sweetened beverages are subject to VAT, and xem bóng đá trực tiếp vtv2 applicable VAT rate for sugar-sweetened beverages is 10%.
Are sugar-sweetened beverages subject to VAT in Vietnam?(Image from xem bóng đá trực tiếp vtv2 Internet)
When is xem bóng đá trực tiếp vtv2 time for calculating VAT for xem bóng đá trực tiếp vtv2 sale of sugar-sweetened beverages in Vietnam?
According to Article 8 ofCircular 219/2013/TT-BTCwhich provides for xem bóng đá trực tiếp vtv2 time of determining VAT as follows:
Time of Determining VAT
For xem bóng đá trực tiếp vtv2 sale of goods, it is xem bóng đá trực tiếp vtv2 time of transfer of ownership or right to use xem bóng đá trực tiếp vtv2 goods to xem bóng đá trực tiếp vtv2 buyer, irrespective of whether xem bóng đá trực tiếp vtv2 money has been collected or not.
For service supply, it is xem bóng đá trực tiếp vtv2 time of completion of service provision or xem bóng đá trực tiếp vtv2 time of issuing a service provision invoice, irrespective of whether xem bóng đá trực tiếp vtv2 money has been collected or not.
For telecommunications services, it is xem bóng đá trực tiếp vtv2 time of data reconciliation for telecommunications connection charges according to xem bóng đá trực tiếp vtv2 economic contract between telecommunications service businesses, but no later than two months from xem bóng đá trực tiếp vtv2 month of incurring telecommunications connection charges.
For electricity and clean water supply, it is xem bóng đá trực tiếp vtv2 date of recording electricity and water consumption on meters to be recorded on billing invoices.
For real estate business activities, infrastructure construction, house construction for sale, transfer, or lease, it is xem bóng đá trực tiếp vtv2 time of money collection according to xem bóng đá trực tiếp vtv2 project implementation progress or xem bóng đá trực tiếp vtv2 money collecting schedule specified in xem bóng đá trực tiếp vtv2 contract. Based on xem bóng đá trực tiếp vtv2 amount collected, xem bóng đá trực tiếp vtv2 business entity shall carry out VAT declaration of arisen output in xem bóng đá trực tiếp vtv2 period.
For construction, installation, including shipbuilding, it is xem bóng đá trực tiếp vtv2 time of acceptance and handover of xem bóng đá trực tiếp vtv2 completed work, item, or construction volume, irrespective of whether xem bóng đá trực tiếp vtv2 money has been collected or not.
For imported goods, it is xem bóng đá trực tiếp vtv2 time of customs declaration registration.
Thus, xem bóng đá trực tiếp vtv2 time for determining value-added tax for xem bóng đá trực tiếp vtv2 sale of sugar-sweetened beverages is xem bóng đá trực tiếp vtv2 time of transfer of ownership or right to use xem bóng đá trực tiếp vtv2 goods to xem bóng đá trực tiếp vtv2 buyer, irrespective of whether xem bóng đá trực tiếp vtv2 money has been collected or not.
Where is VAT paid for xem bóng đá trực tiếp vtv2 sale of sugar-sweetened beverages in Vietnam?
According to xem bóng đá trực tiếp vtv2 provisions of Article 20 ofCircular 219/2013/TT-BTC, which provides for xem bóng đá trực tiếp vtv2 determination of xem bóng đá trực tiếp vtv2 place of tax payment:
Place of Tax Payment
Taxpayers declare and pay VAT in xem bóng đá trực tiếp vtv2 locality where they produce and conduct business.
Taxpayers declaring and paying VAT under xem bóng đá trực tiếp vtv2 deduction method with a dependent accounting production base located in a province or centrally-run city other than xem bóng đá trực tiếp vtv2 province or city where xem bóng đá trực tiếp vtv2 head office is located must pay VAT in xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production base and xem bóng đá trực tiếp vtv2 head office are located.
In xem bóng đá trực tiếp vtv2 case of enterprises and cooperatives applying xem bóng đá trực tiếp vtv2 direct method with a production base in a province, or city different from where xem bóng đá trực tiếp vtv2 head office is located or having out-of-province sales activities, enterprises and cooperatives declare and pay VAT as a percentage of xem bóng đá trực tiếp vtv2 revenue generated out-of-province at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production base or itinerant sales take place. Enterprises and cooperatives do not have to pay VAT as a percentage of revenue at xem bóng đá trực tiếp vtv2 head office for revenues generated out-of-province that have already been declared and paid.
In xem bóng đá trực tiếp vtv2 case of businesses with telecommunications services engaging in postpaid telecommunications services in a province or centrally-run city different from where xem bóng đá trực tiếp vtv2 head office is located and establishing a dependent accounting branch paying VAT under xem bóng đá trực tiếp vtv2 deduction method also participating in postpaid telecommunications services in that locality, xem bóng đá trực tiếp vtv2 telecommunications service business declares and pays VAT for postpaid telecommunications services as follows:
- Declare VAT for revenue from postpaid telecommunications services of xem bóng đá trực tiếp vtv2 entire business with xem bóng đá trực tiếp vtv2 tax authority managing xem bóng đá trực tiếp vtv2 head office.
- Pay VAT in xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 head office and xem bóng đá trực tiếp vtv2 branch with dependent accounting are located.
xem bóng đá trực tiếp vtv2 VAT to be paid in xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 branch with dependent accounting is located is determined as 2% (for postpaid telecommunications services subject to VAT with a 10% rate) of revenue (excluding VAT) from postpaid telecommunications services at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 branch with dependent accounting is located.
- xem bóng đá trực tiếp vtv2 declaration and payment of VAT is carried out in accordance with xem bóng đá trực tiếp vtv2 provisions of xem bóng đá trực tiếp vtv2 Law on Tax Administration and its guiding documents.
Thus, for goods being sugar-sweetened beverages, taxpayers declare and pay VAT at xem bóng đá trực tiếp vtv2 locality where they produce and conduct business.
In xem bóng đá trực tiếp vtv2 case of taxpayers declaring and paying VAT under xem bóng đá trực tiếp vtv2 deduction method with a dependent accounting production base located in a province or city different from where xem bóng đá trực tiếp vtv2 head office is located, they must pay VAT at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production base and xem bóng đá trực tiếp vtv2 head office are located.
In xem bóng đá trực tiếp vtv2 case of enterprises, cooperatives applying xem bóng đá trực tiếp vtv2 direct method with a production base in a province, or city other than where xem bóng đá trực tiếp vtv2 head office is located or engaging in out-of-province sales activities, enterprises and cooperatives declare and pay VAT as a percentage of revenue generated out-of-province at xem bóng đá trực tiếp vtv2 locality where xem bóng đá trực tiếp vtv2 production base or itinerant sales take place. Enterprises, cooperatives do not have to pay VAT as a percentage of revenue at xem bóng đá trực tiếp vtv2 head office for revenues generated out-of-province that have already been declared and paid.
