Official Dispatch No. 989/TCT-CS dated March 29, 2024 of the General Department of Taxation guiding how to determine input VAT for enterprises that both export goods and services and sell them domestically.
The General Department of Taxation responded to the Ho Chi Minh City Tax Department:
In case the Company has both exported goods and services and domestically sold goods and services, the Company must separately account the input VAT used for the production and trading of exported goods and services. In cases where separate accounting is not possible, the input VAT amount of exported goods and services is determined according to the ratio between the revenue of exported goods and services to the total revenue of goods and services of the periods of VAT declaration is calculated from the tax declaration period following the previous tax refund period to the current tax refund request period.
