What is xem bóng đá trực tiếp nhà cái definition of unauthenticated e-invoice in Vietnam? What enterprises may use unauthenticated e-invoices?

What is xem bóng đá trực tiếp nhà cái definition of unauthenticated e-invoice in Vietnam?

Under Clause 2, Article 3 ofDecree 123/2020/ND-CP, xem bóng đá trực tiếp nhà cái following provisions are made:

Explanation of terms

In this Decree, xem bóng đá trực tiếp nhà cái following terms are understood as follows:

…

1. “e-invoice” means an invoice, with or without xem bóng đá trực tiếp nhà cái tax authority’s authentication code, in xem bóng đá trực tiếp nhà cái form of electronic data, issued by xem bóng đá trực tiếp nhà cái goods seller or service provider by using electronic instruments to record information on xem bóng đá trực tiếp nhà cái sale of goods or service provision in accordance with regulations of xem bóng đá trực tiếp nhà cái Law on accounting and xem bóng đá trực tiếp nhà cái Law on taxation, including xem bóng đá trực tiếp nhà cái invoices generated by POS cash registers that are digitally connected to tax authorities. To be specific:

a) “authenticated e-invoice” means an e-invoice that is granted an authentication code by xem bóng đá trực tiếp nhà cái tax authority before it is sent to xem bóng đá trực tiếp nhà cái buyer by xem bóng đá trực tiếp nhà cái goods seller or service provider.

xem bóng đá trực tiếp nhà cái authentication code on an e-invoice is a unique serial number generated by xem bóng đá trực tiếp nhà cái tax authority’s system and a series of characters encoded by xem bóng đá trực tiếp nhà cái tax authority based on xem bóng đá trực tiếp nhà cái information specified by xem bóng đá trực tiếp nhà cái seller on xem bóng đá trực tiếp nhà cái invoice.

b) “unauthenticated e-invoice” means an e-invoice that is sent to xem bóng đá trực tiếp nhà cái buyer by xem bóng đá trực tiếp nhà cái goods seller or service provider without xem bóng đá trực tiếp nhà cái tax authority’s authentication code.

…

An electronic invoice means an invoice, with or without xem bóng đá trực tiếp nhà cái tax authority’s authentication code, in xem bóng đá trực tiếp nhà cái form of electronic data, issued by xem bóng đá trực tiếp nhà cái goods seller or service provider by using electronic instruments to record information on xem bóng đá trực tiếp nhà cái sale of goods or service provision in accordance with regulations of xem bóng đá trực tiếp nhà cái Law on accounting and xem bóng đá trực tiếp nhà cái Law on taxation, including xem bóng đá trực tiếp nhà cái invoices generated by POS cash registers that are digitally connected to tax authorities.

“Unauthenticated e-invoice” means an e-invoice that is sent to xem bóng đá trực tiếp nhà cái buyer by xem bóng đá trực tiếp nhà cái goods seller or service provider without xem bóng đá trực tiếp nhà cái tax authority’s authentication code.

What is xem bóng đá trực tiếp nhà cái definition of unauthenticated e-invoice in Vietnam? What enterprises may use unauthenticated e-invoices? (Image from xem bóng đá trực tiếp nhà cái Internet)

What enterprises may use unauthenticated e-invoices in Vietnam?

Under Clause 2, Article 91 ofLaw on Tax Administration 2019, xem bóng đá trực tiếp nhà cái following provisions are made:

Use of electronic invoices in sale of goods and services

1. Enterprises and business organizations shall use authenticated electronic invoices when selling their goods/services, regardless of xem bóng đá trực tiếp nhà cái value of each sale, except for xem bóng đá trực tiếp nhà cái cases specified in Clause 2 and Clause 4 of this Article.

2. Enterprises operating in xem bóng đá trực tiếp nhà cái field of electricity, oil and gas, post and telecommunications, clean water supply, credit, insurance, health, e-commerce, supermarket, commerce, air/road/rail/sea/inland waterway transport; enterprises and business organizations that have been or will conduct electronic transactions with tax authorities, develop information technology infrastructure, have software for accounting, issuance, access and storage of electronic invoices, and ensure xem bóng đá trực tiếp nhà cái transmission of electronic invoice data to buyers and tax authorities may use unauthenticated electronic invoices when selling goods/services, regardless of xem bóng đá trực tiếp nhà cái value of each sale, unless tax-related risks are high as prescribed by xem bóng đá trực tiếp nhà cái Minister of Finance or they wish to use authenticated electronic invoices.

...

Enterprises allowed to useunauthenticated e-invoices in Vietnaminclude:

- Enterprises operating in xem bóng đá trực tiếp nhà cái field of electricity, oil and gas, post and telecommunications, clean water supply, credit, insurance, health, e-commerce, supermarket, commerce, air/road/rail/sea/inland waterway transport.

- Enterprises and business organizations that have been or will conduct electronic transactions with tax authorities, develop information technology infrastructure, have software for accounting, issuance, access and storage of electronic invoices, and ensure xem bóng đá trực tiếp nhà cái transmission of electronic invoice data to buyers and tax authorities.

Note:xem bóng đá trực tiếp nhà cái above-mentioned enterprisesmay use unauthenticated electronic invoices when selling goods/services, regardless of xem bóng đá trực tiếp nhà cái value of each sale, unless tax-related risks are high as prescribed by xem bóng đá trực tiếp nhà cái Minister of Finance or they wish to use authenticated electronic invoices.

When can a valid electronic invoice be converted into a paper invoice in Vietnam?

Under Article 7 ofDecree 123/2020/ND-CP, xem bóng đá trực tiếp nhà cái following provisions are made:

Conversion of e-invoices/electronic records into paper invoices/records

1. Legal e-invoices/electronic records may be converted into paper invoices/records to meet xem bóng đá trực tiếp nhà cái requirements of economic/financial transactions or at xem bóng đá trực tiếp nhà cái request of tax authorities, audit, inspection or investigation authorities, and in accordance with regulations of laws on inspection and investigation.

2. Contents of a paper invoice or record which is converted from an e-invoice or electronic record must correspond to those of xem bóng đá trực tiếp nhà cái original e-invoice or electronic record.

3. In case where an e-invoice or electronic record is converted into a paper invoice or record, this paper invoice or record shall be retained for bookkeeping and monitoring purposes only in accordance with regulations of xem bóng đá trực tiếp nhà cái Laws on accounting and electronic transactions, and shall not be valid for use in transactions or payments, except for cases where invoices are generated from POS cash registers that are digitally connected to tax authorities in accordance with xem bóng đá trực tiếp nhà cái provisions herein.

A valid electronic invoice can be converted into a paper invoice to meet xem bóng đá trực tiếp nhà cái requirements of economic/financial transactions or at xem bóng đá trực tiếp nhà cái request of tax authorities, audit, inspection or investigation authorities, and in accordance with regulations of laws on inspection and investigation.