What is đá bóng trực tiếp penalty for failing to issue invoices for goods used for advertising in Vietnam?

What is đá bóng trực tiếp penalty for failing to issue invoices for goods used for advertising in Vietnam?

Pursuant to point b, clause 2, Article 24 ofDecree 125/2020/ND-CP, regulations on issuing invoices when selling goods and services are as follows:

Penalties for violations of regulations on issuing invoices when selling goods and services

1. A warning is issued for any of đá bóng trực tiếp following acts:

a) Issuing invoices at đá bóng trực tiếp incorrect time but not resulting in a delay in tax obligations and there are mitigating circumstances;

b) Issuing invoices consecutively from smaller to larger numbers but using different books (using a book with a larger serial number without using a book with a smaller serial number) and after discovery, đá bóng trực tiếp organization or individual cancels đá bóng trực tiếp books with smaller serial numbers;

c) Issuing đá bóng trực tiếp wrong type of invoice according to regulations given to đá bóng trực tiếp buyer or declared for tax purposes, and đá bóng trực tiếp buyer and seller discover đá bóng trực tiếp wrong type and reissue đá bóng trực tiếp correct type before đá bóng trực tiếp competent authority announces đá bóng trực tiếp decision on inspection or examination at đá bóng trực tiếp taxpayer's headquarters and it does not affect đá bóng trực tiếp determination of tax obligations.

2. A fine ranging from 500,000 VND to 1,500,000 VND for any of đá bóng trực tiếp following acts:

a) Not issuing a summary invoice in accordance with đá bóng trực tiếp regulations on sales invoices, service provision.

b) Not issuing invoices for goods or services used for promotion, advertising, samples; goods or services given, presented, gifted, exchanged, or used to pay salaries to employees, except for internally circulated goods or internal consumption to continue đá bóng trực tiếp production process.

3. A fine ranging from 3,000,000 VND to 5,000,000 VND for issuing invoices at đá bóng trực tiếp incorrect time, which does not lead to a delay in tax obligations, except as specified in point a, clause 1 of this Article.

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Thus, it can be seen that for đá bóng trực tiếp act of not issuing invoices for goods used for advertising, a fine ranging from 500,000 VND to 1,500,000 VND can be imposed.

What is đá bóng trực tiếp penalty for failing to issue invoices for goods used for advertising in Vietnam?(Image from đá bóng trực tiếp Internet)

Is there a distinction in đá bóng trực tiếp value of goods when issuing invoices for selling goods in Vietnam?

According to Article 90 of đá bóng trực tiếpLaw on Tax Administration 2019, đá bóng trực tiếp following is stipulated:

Principles of issuing, managing, and using electronic invoices

1. When selling goods or providing services, đá bóng trực tiếp seller must issue an electronic invoice to give to đá bóng trực tiếp buyer according to đá bóng trực tiếp standard data format and must fully record đá bóng trực tiếp contents as prescribed by đá bóng trực tiếp law on tax and accounting, without distinguishing đá bóng trực tiếp value of each sale or service provision.

2. In cases where đá bóng trực tiếp seller uses a cash register, đá bóng trực tiếp seller registers to use an electronic invoice created from đá bóng trực tiếp cash register with a connection to transfer electronic data to đá bóng trực tiếp tax authorities.

3. đá bóng trực tiếp registration, management, and use of electronic invoices in transactions for selling goods and providing services must comply with đá bóng trực tiếp laws on electronic transactions, accounting, and tax.

4. đá bóng trực tiếp issuance of tax authority codes on electronic invoices is based on đá bóng trực tiếp information provided by enterprises, economic organizations, other organizations, business households, and individual businesses on đá bóng trực tiếp invoice. Enterprises, economic organizations, other organizations, business households, and individual businesses are responsible for đá bóng trực tiếp accuracy of đá bóng trực tiếp information on đá bóng trực tiếp invoice.

5. đá bóng trực tiếp Government of Vietnam provides detailed regulations for this Article.

Thus, according to đá bóng trực tiếp above regulation, there is no distinction in đá bóng trực tiếp value of each sale or service provision.

When is đá bóng trực tiếp invoice issued in case of multiple deliveries in Vietnam?

According to Article 9 ofDecree 123/2020/ND-CP, đá bóng trực tiếp following is stipulated:

Time of invoice issuance

1. đá bóng trực tiếp time of invoice issuance for đá bóng trực tiếp sale of goods (including state asset sales, confiscated assets, assets contributed to đá bóng trực tiếp national treasury, and sales of national reserves) is đá bóng trực tiếp time of transfer of ownership or use rights to đá bóng trực tiếp buyer, regardless of whether payment has been received.

2. đá bóng trực tiếp time of invoice issuance for đá bóng trực tiếp provision of services is đá bóng trực tiếp time of completion of đá bóng trực tiếp service provision, regardless of whether payment has been received. In cases where đá bóng trực tiếp service provider collects money in advance or during đá bóng trực tiếp service provision, đá bóng trực tiếp time of invoice issuance is đá bóng trực tiếp time of money collection (excluding đá bóng trực tiếp case of collection for deposits or advances to ensure đá bóng trực tiếp performance of service provision contracts such as accounting, auditing, financial consultancy, tax; appraisal; survey, technical design; supervision consultancy; project investment construction).

3. In cases where multiple deliveries or handovers occur for each item, phase, or stage of service, an invoice must be issued for đá bóng trực tiếp respective quantity and value of goods or services delivered each time.

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Thus, according to đá bóng trực tiếp above regulation, in đá bóng trực tiếp case of multiple deliveries, đá bóng trực tiếp time of invoice issuance is each time goods or services are delivered, with an invoice issued for đá bóng trực tiếp respective quantity and value.