Headlines 14/11/2020 15:29 CH

Circular No. 39/2014/TT-BTC on invoices remains in force till June 30, 2022

Quý Tân

Ministry of Finance has just issued the Circular No. 88/2020/TT-BTC amending and supplementing Article 26 of the Circular No. 68/2019/TT-BTC providing guidance on the implementation of the Government’s Decree No. 119/2018/ND-CP regulating electronic invoices for sale of goods and provision of services.

In particular, according to Article 26 of Circular No. 68, because a series of invoice-related documents will become void from November 1, 2020, in order to consistently apply legislative documents in alignment with the roadmap for compulsory use of e-invoices in the Decree No. 123/2020/ND-CP the Circular No. 88 regulates the following documents remaining valid till June 30, 2022: 

- Circular No. 39/2014/TT-BTC dated March 31, 2014 (amended and supplemented by the Circular No. 119/2014/TT-BTC dated August 25, 2014, Circular No. 26/2015/TT-BTC dated February 27, 2015);

- Circular No. 32/2011/TT-BTC dated March 14, 2011, providing guidance on the generation, issuance and use of e-invoices for sale of goods and provision of services;

- Circular No. 191/2010/TT-BTC dated December 1, 2010, providing guidance on the management and use of bills of lading;

- Decision No. 1209/QD-BTC dated June 23, 2015 regarding the use of e-invoices with tax authority’s verification codes, Decision No. 526/QD-BTC dated April 16, 2018 on the expansion of the scope of the trial use of e-invoices with tax authority's verification codes;

- Decision No. 2660/QD-BTC dated December 14, 2016 regarding the extension of the implementation of Decision No. 1209/QD-BTC dated June 23, 2015;

- Circular No. 37/2017/TT-BTC amending and supplementing the Circular No. 39/2014/TT-BTC (amended and supplemented by the Circular No. 119/2014/TT-BTC and the Circular No. 26/2015/TT-BTC).

The regulation “From November 1, 2020, enterprises, economic organizations, other entities, sole proprietorship households and sole proprietors shall have to register their use of electronic invoices“ will be annulled.

Circular No. 88/2020/TT-BTC is entering into force on November 1, 2020.

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