Official Dispatch No. 7589/CTTPHCM-TTHT dated June 30, 2022 of the Tax Department of Ho Chi Minh City provides instructions for issuing invoices for the return of goods
In case the Company and its Suppliers apply e-invoicing according to the provisions of Decree No. 123/2020 /ND-CP, Circular No. 78/2021 /TT-BTC, the Company purchases goods of the Supplier and incurs economic operations to refund part of the purchased goods of the Supplier, the Company shall make e-invoicing to the Supplier: On the invoice stating the quantity of returned goods, the rate of return tax and the amount of VAT (positive amount).
Based on the invoice for returning goods, the Company and the Supplier shall declare the adjustment of reduced VAT revenue according to the law on VAT.
