Headlines 09/03/2023 17:32 CH

Vietnam to amend a number of regulations on value-added tax

Quý Tân

This is the content mentioned in Circular No. 13/2023/TT-BTC dated February 28, 2023 guiding the implementation of Decree No. 49/2022/ND-CP and amending Circular No. 80/2021/TT-BTC regarding value-added tax.

According to the Circular, regarding the real estate transfer and production of Vietnam Electricity, the value-added taxable price is amended and applied according to Clause 1 Article 1 of Decree No. 49/2022/ND-CP dated July 29, 2022.

Additionally, Clauses 2 and 3 Article 18 of Circular No. 219/2013/TT-BTC are replaced, and according to the new regulation, business establishments shall be eligible for VAT refund regarding investment projects according to Clause 3 Article 1 of Decree No. 49/2022/ND-CP.

The VAT refund application according to Circular No. 80/2021/TT-BTC is also amended as follows:

Regarding licensed investment projects of business establishments of conditional business lines during the investment stage according to laws on investment and specialized laws as prescribed in Clause 3 Article 1 of Decree No. 49/2022/ND-CP:

Submit copies of licenses, certificates, or documents on verification and approval regarding conditional business lines.

Circular No. 13/2023/TT-BTC comes into force as of April 14, 2023.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to info@thuvienphapluat.vn.

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