Do I need to make a separate invoice for value added tax reduction?

According to Clause 4, Article 1 of Decree 15/2022, business establishments must make separate invoices for goods and services eligible for value-added tax reduction. If there is no separate invoice for goods and services eligible for value-added tax reduction, the value-added tax reduction will not be granted.

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This regulation has been completely revised in Decree 41/2022 of the Government, according to which:

- In case a business establishment calculates value-added tax by the credit method when selling goods or providing services with different tax rates, the value-added invoice must clearly state the tax rate of each business establishment. prescribed goods and services.

- In case the business establishment uses the percentage method on revenue when selling goods or providing services, the sales invoice must clearly state the amount of the reduction as prescribed.

As amended in Decree 41, there are no longer any regulations that require businesses to make separate invoices for value added tax reduction under the tax exemption and reduction policy of Resolution 43/2022/QH15.

On the other hand, Decree 41/2022 also promulgates the Form No. 01/TB-HDSS Notice on the receipt and handling results of the error in the e-invoice made according to Form No. 01/TB-HDSS, replacing Form No. 01/TB- Serial number Appendix IB attached to Decree 123/2020/ND-CP.

Decree 41/2022 takes effect from June 20, 2022.

COMMENT