When is bóng đá hôm nay trực tiếp time for determination of VAT for goods in Vietnam according to bóng đá hôm nay trực tiếp Law on Value-Added Tax 2024?
When is bóng đá hôm nay trực tiếp time for determination of VAT for goods in Vietnamaccording to bóng đá hôm nay trực tiếp Law on Value-Added Tax 2024?
Based on Article 8 of bóng đá hôm nay trực tiếpLaw on Value-Added Tax 2024(effective July 1, 2024), bóng đá hôm nay trực tiếp determination of VAT timing is as follows:
Time for determination of VAT
- bóng đá hôm nay trực tiếp timing for determining value-added tax is defined as follows:
a) For goods, it is bóng đá hôm nay trực tiếp time of transfer of ownership or right to use bóng đá hôm nay trực tiếp goods to bóng đá hôm nay trực tiếp purchaser or bóng đá hôm nay trực tiếp time of issuing bóng đá hôm nay trực tiếp invoice, regardless of whether bóng đá hôm nay trực tiếp payment has been received or not;
b) For services, it is bóng đá hôm nay trực tiếp time of completion of bóng đá hôm nay trực tiếp service provision or bóng đá hôm nay trực tiếp time of issuing bóng đá hôm nay trực tiếp service provision invoice, regardless of whether bóng đá hôm nay trực tiếp payment has been received or not.
- bóng đá hôm nay trực tiếp timing for determining value-added tax for bóng đá hôm nay trực tiếp following goods and services is regulated by bóng đá hôm nay trực tiếp Government of Vietnam:
a) Exported goods, imported goods;
b) Telecommunication services;
c) Insurance business services;
d) Electricity supply activities, electricity production, and clean water activities;
đ) Real estate business activities;
e) Construction, installation, and oil and gas activities.
Thus, according to bóng đá hôm nay trực tiếpLaw on Value-Added Tax 2024, bóng đá hôm nay trực tiếp time for determining VAT on goods is bóng đá hôm nay trực tiếp time of transfer of ownership or right to use bóng đá hôm nay trực tiếp goods to bóng đá hôm nay trực tiếp purchaser or bóng đá hôm nay trực tiếp time of issuing bóng đá hôm nay trực tiếp invoice, regardless of whether bóng đá hôm nay trực tiếp payment has been received or not.
When is bóng đá hôm nay trực tiếp time for determination of VAT for goods in Vietnam according to bóng đá hôm nay trực tiếp Law on Value-Added Tax 2024?(Image from bóng đá hôm nay trực tiếp Internet)
Which types of goods are entitled toa 0% VAT rate in Vietnam?
Under Article 8 of bóng đá hôm nay trực tiếpLaw on Value-Added Tax 2024, bóng đá hôm nay trực tiếp 0% VAT rate applies to bóng đá hôm nay trực tiếp following goods:
(1) Exported goods including:
- Goods from Vietnam sold to organizations, individuals abroad and consumed outside of Vietnam;
- Goods from domestic Vietnam sold to organizations in non-tariff zones and consumed in non-tariff zones directly serving export production activities;
- Goods sold in isolated areas to individuals (foreigners or Vietnamese) who have completed exit procedures; goods sold at duty-free shops;
(2) Other exported goods including:
- International transportation;
- Construction and installation activities abroad or in non-tariff zones;
- Digital content products provided to foreign parties with documentation proving consumption outside of Vietnam as prescribed by bóng đá hôm nay trực tiếp Government of Vietnam;
- Spare parts, materials for bóng đá hôm nay trực tiếp foreign party to repair, maintain means, machinery, equipment and consumed outside Vietnam; processed goods for onward export as prescribed by law;
- Goods and services subject to non-VAT when exported, except for cases where bóng đá hôm nay trực tiếp 0% rate does not apply such as: technology transfer, transfer of intellectual property rights abroad; reinsurance services abroad; credit granting services; capital transfer; derivative products; postal and telecommunication services; exported products as stipulated in Clause 23, Article 5 of bóng đá hôm nay trực tiếpLaw on Value-Added Tax 2024; tobacco, alcohol, beer imported for export; gasoline, oil purchased domestically sold to enterprises in non-tariff zones; automobiles sold to organizations, individuals in non-tariff zones.
What are bóng đá hôm nay trực tiếp conditions for deducting VAT on exported goods in Vietnam?
According to Clause 2, Article 14 of bóng đá hôm nay trực tiếpLaw on Value-Added Tax 2024, bóng đá hôm nay trực tiếp conditions for deducting input VAT are as follows:
Input Value-Added Tax Deduction
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- bóng đá hôm nay trực tiếp conditions for deducting input VAT are defined as follows:
a) There must be a value-added tax invoice for purchased goods and services or proof of VAT payment at bóng đá hôm nay trực tiếp import stage or proof of VAT payment on behalf of bóng đá hôm nay trực tiếp foreign side as stipulated in Clauses 3 and 4, Article 4 of this Law. bóng đá hôm nay trực tiếp Minister of Finance stipulates proof of VAT payment on behalf of bóng đá hôm nay trực tiếp foreign side;
b) There must be proof of non-cash payment for purchased goods and services, except for specific cases as stipulated by bóng đá hôm nay trực tiếp Government of Vietnam;
c) For exported goods and services, in addition to bóng đá hôm nay trực tiếp conditions specified at points a and b of this clause, there must also be: a contract with bóng đá hôm nay trực tiếp foreign party regarding bóng đá hôm nay trực tiếp sale, processing of goods, provision of services; a sales invoice for goods and services; proof of non-cash payment; customs declaration for exported goods; packing list, bill of lading, insurance documents for goods (if any). bóng đá hôm nay trực tiếp Government of Vietnam stipulates bóng đá hôm nay trực tiếp conditions for deduction in bóng đá hôm nay trực tiếp case of exporting goods via foreign e-commerce platforms and some other special cases.
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Thus, from July 1, 2025, bóng đá hôm nay trực tiếp conditions for deducting input VAT on goods are as follows:
- There must be a VAT invoice for purchased goods or proof of VAT payment on behalf of bóng đá hôm nay trực tiếp foreign side.
- There must be proof of non-cash payment for purchased goods, except for specific cases as stipulated by bóng đá hôm nay trực tiếp Government of Vietnam.
- A contract with bóng đá hôm nay trực tiếp foreign party regarding bóng đá hôm nay trực tiếp sale or processing of goods.
- A sales invoice for goods.
- Proof of non-cash payment.
- Customs declaration for exported goods.
- Packing list, bill of lading, insurance documents for goods (if any).
Note: Conditions for deduction in bóng đá hôm nay trực tiếp case of exporting goods via foreign e-commerce platforms and some other special cases will be regulated by bóng đá hôm nay trực tiếp Government of Vietnam.
