- When declaring VAT deduction for goods purchased on deferred payment (from 5 million VND), if by the payment due date the business does not have non-cash payment documents, it must declare and reduce the deductible input VAT for the value without such documents in the tax period when the payment obligation arises. If payment is made by non-cash method after the due date, current regulations are unclear and awaiting further guidance. For gifts to customers or employees, invoices must be issued according to Decree 70/2025/NĐ-CP.
Source: baochinhphu.vn
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.
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