xem bóng đá trực tiếp vtv2What are cases of VAT refund in Vietnam from July 1, 2025?
What are cases ofVATrefund in Vietnamfrom July 1, 2025?
Based on Article 15 of xem bóng đá trực tiếp vtv2Law on Value-Added Tax 2024(effective from July 1, 2025), xem bóng đá trực tiếp vtv2 circumstances for a VAT refund are stipulated as follows:
(1)For export:
- Business establishments with exported goods and services in a month or quarter, if xem bóng đá trực tiếp vtv2 input VAT amount not yet fully deducted is from 300 million VND or more, are entitled to a VAT refund on a monthly or quarterly basis, excluding cases where goods are imported and then exported to another country;
- Business establishments that in a month or quarter have both exports and domestic consumption goods and services must separately account for xem bóng đá trực tiếp vtv2 input VAT used for xem bóng đá trực tiếp vtv2 production and business of exported goods and services.
In cases where separate accounting is not possible, xem bóng đá trực tiếp vtv2 input VAT of exported goods and services is determined by xem bóng đá trực tiếp vtv2 ratio of revenue from exported goods and services over xem bóng đá trực tiếp vtv2 total revenue of taxed goods and services for xem bóng đá trực tiếp vtv2 refund period. xem bóng đá trực tiếp vtv2 refund period is determined from xem bóng đá trực tiếp vtv2 tax period with a continuous undeducted input VAT amount not yet refunded to xem bóng đá trực tiếp vtv2 tax period when a refund request is made.
- xem bóng đá trực tiếp vtv2 input VAT for exported goods and services (including separately accounted input VAT and input VAT determined by xem bóng đá trực tiếp vtv2 aforementioned ratio), after offsetting with xem bóng đá trực tiếp vtv2 payable VAT of domestically consumed goods and services, if remaining from 300 million VND or more, xem bóng đá trực tiếp vtv2 business is entitled to a refund for exported goods and services.
- xem bóng đá trực tiếp vtv2 refunded VAT amount for exported goods and services does not exceed 10% of xem bóng đá trực tiếp vtv2 revenue from exported goods and services in xem bóng đá trực tiếp vtv2 refund period.
- xem bóng đá trực tiếp vtv2 input VAT determined for exported goods and services but not refunded due to exceeding 10% of revenue from exported goods and services in xem bóng đá trực tiếp vtv2 previous refund period is carried over to xem bóng đá trực tiếp vtv2 next tax period to determine xem bóng đá trực tiếp vtv2 refunded VAT amount for xem bóng đá trực tiếp vtv2 next refund period’s exported goods and services.
(2)For investment:
- Business establishments registered for VAT payment under xem bóng đá trực tiếp vtv2 credit method with investment projects (new investment projects, expansion investment projects) as per investment laws (including investment projects divided into multiple investment phases or components, excluding cases where investment projects do not form fixed assets of xem bóng đá trực tiếp vtv2 enterprise) that are in xem bóng đá trực tiếp vtv2 investment phase or oil and gas exploration and development projects during xem bóng đá trực tiếp vtv2 investment phase with input VAT incurred but not yet refunded will offset against xem bóng đá trực tiếp vtv2 payable VAT from ongoing production and business activities (if any). If, after offset, xem bóng đá trực tiếp vtv2 input VAT of xem bóng đá trực tiếp vtv2 investment project remains undeducted from 300 million VND or more, a VAT refund is granted.
- xem bóng đá trực tiếp vtv2 completion date of an investment project or of an investment phase or component is xem bóng đá trực tiếp vtv2 date revenue arises for xem bóng đá trực tiếp vtv2 investment project or phase/component. Revenue as prescribed in this clause does not include trial production phase revenue, financial activity revenue, or liquidation revenue of project raw materials.
(3)Business establishments exclusively producing goods, providing services subject to a 5% VAT rate, if xem bóng đá trực tiếp vtv2 input VAT amount not yet fully deducted reaches 300 million VND or more after 12 consecutive months or 04 consecutive quarters, a VAT refund is granted; if xem bóng đá trực tiếp vtv2 establishment produces goods, provides services subject to multiple VAT rates, refunds are made according to an allocation rate as per xem bóng đá trực tiếp vtv2 Government of Vietnam's regulation.
(4)Business establishments paying VAT by xem bóng đá trực tiếp vtv2 credit method are entitled to a VAT refund upon dissolution or bankruptcy if excess VAT has been paid or xem bóng đá trực tiếp vtv2 input VAT remains undeducted.
In cases where a cooperative group paying tax by xem bóng đá trực tiếp vtv2 credit method converts to a cooperative, xem bóng đá trực tiếp vtv2 cooperative inherits xem bóng đá trực tiếp vtv2 excess paid VAT or xem bóng đá trực tiếp vtv2 undeducted input VAT of xem bóng đá trực tiếp vtv2 cooperative group for deduction and refund according to regulations.
(5)Foreigners, overseas Vietnamese holding passports or international travel documents are eligible for a tax refund for goods purchased in Vietnam and carried out when leaving xem bóng đá trực tiếp vtv2 country.
(6)For programs or projects utilizing official development assistance (ODA) non-refundable capital or non-refundable aid, humanitarian aid:
- Program and project owners or main contractors and organizations designated by foreign sponsors managing programs or projects utilizing non-refundable ODA are refunded xem bóng đá trực tiếp vtv2 VAT paid for goods and services purchased in Vietnam for such programs, projects;
- Organizations in Vietnam using non-refundable aid funds, humanitarian aid funds from foreign organizations or individuals to purchase goods and services serving non-refundable aid, humanitarian aid projects in Vietnam are refunded xem bóng đá trực tiếp vtv2 paid VAT for such goods and services.
(7)Subjects entitled to diplomatic immunities as per diplomatic laws, when purchasing goods and services in Vietnam for use, receive a refund for xem bóng đá trực tiếp vtv2 paid VAT as recorded on xem bóng đá trực tiếp vtv2 VAT invoice or payment document indicating an inclusive VAT.
(8)Business establishments with decisions for VAT refunds from competent authorities or according to international treaties to which xem bóng đá trực tiếp vtv2 Socialist Republic of Vietnam is a member are eligible for refunds.
What are cases of VAT refund in Vietnam from July 1, 2025?(Image from Internet)
Vietnam: What does xem bóng đá trực tiếp vtv2 tax refund claiminclude?
Based on Clause 2 Article 71 of xem bóng đá trực tiếp vtv2Tax Management Law 2019, xem bóng đá trực tiếp vtv2 tax refund claim includes:
- A request for a tax refund;
- Documents related to xem bóng đá trực tiếp vtv2 tax refund request.
How is xem bóng đá trực tiếp vtv2 tax refund claimreceived?
Based on Article 32 ofCircular 80/2021/TT-BTCon receiving tax refund claims:
(1)Request for tax refund by electronic application:
- Taxpayers submit electronic tax refund claims through xem bóng đá trực tiếp vtv2 electronic portal of xem bóng đá trực tiếp vtv2 General Department of Taxation or other electronic portals as per xem bóng đá trực tiếp vtv2 regulations on electronic transactions in xem bóng đá trực tiếp vtv2 tax field.
- xem bóng đá trực tiếp vtv2 reception of electronic tax refund claims follows xem bóng đá trực tiếp vtv2 regulations on electronic transactions in xem bóng đá trực tiếp vtv2 tax field.
- Within 03 working days from xem bóng đá trực tiếp vtv2 date on xem bóng đá trực tiếp vtv2 Notice of acceptance of tax refund claim as per form 01/TB-HT under Appendix 1Circular 80/2021/TT-BTC, xem bóng đá trực tiếp vtv2 tax authority handling xem bóng đá trực tiếp vtv2 tax refund claim as specified in Article 27Circular 80/2021/TT-BTCissues a Notice of acceptance for xem bóng đá trực tiếp vtv2 tax refund claim following form 02/TB-HT under Appendix 1Circular 80/2021/TT-BTCor a Notice of non-refund eligibility as per form 04/TB-HT under Appendix 1Circular 80/2021/TT-BTCin cases where xem bóng đá trực tiếp vtv2 application does not qualify for a refund through xem bóng đá trực tiếp vtv2 electronic portals of xem bóng đá trực tiếp vtv2 General Department of Taxation or other portals where xem bóng đá trực tiếp vtv2 taxpayer submitted xem bóng đá trực tiếp vtv2 electronic refund application.
(2)Request for tax refund by paper application:
- If taxpayers submit paper tax refund claims at xem bóng đá trực tiếp vtv2 tax authority, tax officials check xem bóng đá trực tiếp vtv2 completeness of xem bóng đá trực tiếp vtv2 application according to regulations. If xem bóng đá trực tiếp vtv2 application is incomplete, tax officials request xem bóng đá trực tiếp vtv2 taxpayer to complete xem bóng đá trực tiếp vtv2 application according to regulations. If xem bóng đá trực tiếp vtv2 application is complete, tax officials send a Notice of receipt of application as per form 01/TB-HT under Appendix 1Circular 80/2021/TT-BTCto xem bóng đá trực tiếp vtv2 taxpayer and record xem bóng đá trực tiếp vtv2 application in xem bóng đá trực tiếp vtv2 tax management system.
- If taxpayers send applications via postal service, tax officials stamp xem bóng đá trực tiếp vtv2 receipt, note xem bóng đá trực tiếp vtv2 date of receipt on xem bóng đá trực tiếp vtv2 application, and record it in xem bóng đá trực tiếp vtv2 tax management system.
- Within 03 working days from receiving xem bóng đá trực tiếp vtv2 tax refund claim, xem bóng đá trực tiếp vtv2 tax authority sends a Notice of acceptance of xem bóng đá trực tiếp vtv2 tax refund claim as per form 02/TB-HT or a Notice of incorrect application procedures as per form 03/TB-HT under Appendix 1Circular 80/2021/TT-BTCfor applications by postal service or a Notice of non-refund eligibility as per form 04/TB-HT under Appendix 1Circular 80/2021/TT-BTCin cases not qualifying for a refund.
