Official Letter No. 5309/TCT-KK dated November 19, 2024, from the General Department of Taxation providing guidance on determining input VAT shared between export activities and domestic sales
In cases where a company engages in both exporting goods and services and selling goods and services domestically, the company is required to separately account for the input VAT used for the production and business of exported goods and services.
If separate accounting cannot be performed, the input VAT for exported goods and services shall be determined based on the proportion of revenue from exported goods and services to the total revenue of goods and services. This calculation applies for VAT declaration periods from the declaration period immediately following the prior tax refund period to the current period for which a tax refund is requested.
Please refer to the attached file for detailed information.
