- The Prime Minister issued a directive to expedite the VAT refund process for enterprises.
- The General Department of Taxation (GDT) issued official letters instructing provincial tax departments on handling VAT refund cases.
- Specific actions were directed for different types of VAT refund applications, including completing audits, issuing refund decisions, notifying taxpayers of progress, and notifying taxpayers if they do not qualify for a refund.
- For applications with concerns or complaints raised by business associations, dialogue and clarification should be arranged, and outcomes should be reported to the GDT for further guidance and settlement.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Vietnam"
- Basis for Applying 8% or 10% VAT Rates According to Decree 174/2025/NĐ-CP
- New VAT Law Creates Cash Flow Crisis for Vietnamese Agricultural Exporters
- Vietnam’s 2025 VAT Refund Eligibility: Key Criteria and New Regulations Explained
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- Guidelines for Handling VAT After Provincial Merger in Vietnam (2022-2025)