Official letter No 2410/TCT/DNL dated July 2nd 2021 issued by General Tax Department guidance on promotional presents invoice
The official letter was sent to Ba Ria Vung Tau Tax Dept. and Agribank ( “The Bank”) by General Tax Department,
Whereby, in cased the Bank carries out the promotion campaign registered to authority department comply with the law, if the buyer does not request an invoice ( regardless value of promotional presents greater than 200,000 VND or less than 200,000 VND)
At the end of the day, the Bank is allowed to issue an invoice for total value of promotional presents to customer, taxable price is 0 VND, at the tax rate line, VAT is not written, forward slashed and enclosed with the list details of promotional goods, promotional value for each customer,
Before June 30th 2022, if the tax department informs the Bank to change to electronic invoices as prescribed in Decree 119/2018/ND-CP or Decree 123/2020/ND-CP, The Bank shall comply with the provisions of these Decrees.