Based on current regulations, for seasonal production fixed assets are suspended less than 9 months, would be depreciated and considered as deductible expenses for CIT purpose (Clause 2.2, Article 4, Circular 96/2015/TT-BTC).
According to Ministry of Finance, in case due to Covid-19 pandemic led market decrease demand, enterprises faces difficulties have to suspend some fixed assets less than 9 months, after that the fixed assets continue running for business activities which also belong the case of temporary suspension due to seasonal production. Depreciation expenses will be considered as deductible expenses for CIT purpose.
Enterprises are responsible for filling and providing dossiers and reasons of suspension of fixed assets when the tax authority request.
Please kindly find detail in the attached file.