This Decree amends clause 4 Article 1 of Decree No. 15/2022/ND-CP to remove the provision on statutory issuance of separate invoice for goods/services entitled to 2% VAT reduction.
Accordingly, with regard to goods, services entitled to apply the VAT rate of 8%, enterprises may issue the same invoice with goods, services to which different tax rates (5%, 10%) are applied. However, on the VAT invoice, it is required to specify tax rate of each goods, service.
Especially, with regard to business establishments that pay VAT using the direct method (as a percentage (%) of revenue), when selling goods, services entitled to VAT reduction they must specify the reduced amount on the sales invoice.
For the case where the same invoice has been issued for goods, services entitled to VAT reduction from February 1st, 2022 to the date prior to June 20th, 2022 (the effective date of this Decree), it is still entitled to VAT reduction, neither have to adjust the invoice nor subject to sanctions.
In addition, this Decree also replaces Form No. 01/TB- SSDT provided in Appendix IB enclosed with Decree No.123/2020/ND-CP. This is the form of Notice of receipt and result of handling of erroneous e-invoice.
This Decree takes effect from the date of its signing.
|Published||Vietlaw's Newsletter No. 566|