Refer to the following:
Pursuant to the provisions of:
– Decree No. 15/2022/ND-CP dated January 28, 2022 of the Government on tax exemption and reduction policies according to Resolution No. 43/2022/QH15 of the National Assembly;
– Clause 2, Article 9 of Decree No. 123/2020/ND-CP dated October 19, 2020 of the Government stipulating the time of making invoices for service provision;
– Official Letter No. 2688/BTC-TCT dated March 23, 2022 of the Ministry of Finance providing guidance on VAT in Decree No. 15/2022/ND-CP.
Accordingly, in case the Company provides goods and services from February 1, 2022 to December 31, 2022 and the time of making invoices specified in Clause 2, Article 9 of Decree No. 123/2020/ND-CP occurring from February 1, 2022 to the end of December 31, 2022, it is subject to the VAT rate of 8% as prescribed in Article 1 of Decree No. 15/2022/ND-CP of the Government.
In case the provision of goods and services from February 1, 2022 to December 31, 2022 but the invoice is made after December 31, 2022, it is not subject to VAT reduction as prescribed in Article 1 of Decree No. 15/2022/ND-CP of the Government.
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