Official Dispatch No. 2675/CTBNI-TTHT dated July 14, 2023 of the Tax Department of Bac Ninh province guiding the reduction of VAT according to Decree No. 44/2023/ND-CP
The VAT rate.
Accordingly, in case the Company provides logistics services and has invoiced according to the provisions of Point a, Clause 4, Article 9 of Decree No. 123/2020/ND-CP dated October 19, 2020 of the Government, the Company shall be entitled to a reduction in VAT according to the regulations for invoices made from July 1, 2023 to December 31, 2023.
Regarding the adjustment of invoices prepared with errors
In case the Company sells goods or provides services invoiced according to regulations before July 1, 2023 with a tax rate of 10%. After July 1, 2023, the Company discovers that an invoice has been made with errors, then makes an adjustment invoice with a VAT rate of 10%.
