vtv2 trực tiếp bóng đá hôm nayHow to calculate value added tax for goods exempted from import duty and then repurposed in Vietnam?
How to calculate value added tax for goods exempted from import duty and then repurposed in Vietnam?
Based onOfficial Dispatch 1570/TCHQ-TXNK in 2024from vtv2 trực tiếp bóng đá hôm nay General Department of Customs guiding vtv2 trực tiếp bóng đá hôm nay value added tax (VAT) on goods that were exempt from import duty and then repurposed, vtv2 trực tiếp bóng đá hôm nay following contents are included:
Firstly, pursuant to point b, clause 1, Article 7 of vtv2 trực tiếp bóng đá hôm nayLaw on Value Added Tax 2008as amended by clause 2, Article 1 of vtv2 trực tiếp bóng đá hôm nayLaw on Value Added Tax Amendment 2013, regulations on taxable value of imports are as follows:
Taxable Value
- Taxable value is specified as follows:
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b) For imports, it is vtv2 trực tiếp bóng đá hôm nay value at vtv2 trực tiếp bóng đá hôm nay port of entry plus import duty (if any), special consumption tax (if any), and environmental protection tax (if any). vtv2 trực tiếp bóng đá hôm nay value at vtv2 trực tiếp bóng đá hôm nay port of entry is determined according to regulations on vtv2 trực tiếp bóng đá hôm nay taxable value of imports;
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Secondly, pursuant to clause 2, Article 7 ofCircular 219/2013/TT-BTC, vtv2 trực tiếp bóng đá hôm nay determination of VAT taxable value for imports is as follows:
Taxable Value
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- For imports, it is vtv2 trực tiếp bóng đá hôm nay value at vtv2 trực tiếp bóng đá hôm nay port of entry plus (+) import duty (if any), plus (+) special consumption tax (if any), plus (+) environmental protection tax (if any). vtv2 trực tiếp bóng đá hôm nay value at vtv2 trực tiếp bóng đá hôm nay port of entry is determined according to regulations on vtv2 trực tiếp bóng đá hôm nay taxable value of imports.
In cases where imports are exempt from, or subject to a reduction in import duty, then VAT taxable value is vtv2 trực tiếp bóng đá hôm nay import value plus (+) vtv2 trực tiếp bóng đá hôm nay import duty determined at vtv2 trực tiếp bóng đá hôm nay rate of tax payable after exemption or reduction.
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Thus, based on vtv2 trực tiếp bóng đá hôm nay above legal grounds andOfficial Dispatch 1570/TCHQ-TXNK of 2024, in cases where enterprises have paid VAT on vtv2 trực tiếp bóng đá hôm nay "value at vtv2 trực tiếp bóng đá hôm nay port of entry" but have not paid VAT on vtv2 trực tiếp bóng đá hôm nay "import duty" due to import duty exemption when imported, and now due to a change in usage purpose that incurs "import duty," VAT must be paid on vtv2 trực tiếp bóng đá hôm nay amount of "import duty" conformable under vtv2 trực tiếp bóng đá hôm nay Law on Value Added Tax and guiding documents.
VAT for goods exempted from import duty and then repurposed is calculated using vtv2 trực tiếp bóng đá hôm nay following formula:
| Value Added Tax | = | VAT Taxable Value for imports | x | Tax Rate |
In which:
- VAT Taxable Value for imports= Value at vtv2 trực tiếp bóng đá hôm nay port of entry + import duty + special consumption tax (if any) + environmental protection tax (if any).
- Tax Rateis determined according to vtv2 trực tiếp bóng đá hôm nay provisions in Article 8 of vtv2 trực tiếp bóng đá hôm nayLaw on Value Added Tax 2008.
How to calculate value added tax for goods exempted from import duty and then repurposed in Vietnam?(Image from Internet)
When is vtv2 trực tiếp bóng đá hôm nay time for determination for VAT on imports in Vietnam?
According to clause 6, Article 8 ofCircular 219/2013/TT-BTC, vtv2 trực tiếp bóng đá hôm nay point of determination for VAT on imports is from vtv2 trực tiếp bóng đá hôm nay time of customs declaration registration.
Where is VAT for importspaid?
According to Article 20 ofCircular 219/2013/TT-BTCconcerning vtv2 trực tiếp bóng đá hôm nay place of payment for VAT:
Place of Payment
- Taxpayers declare and pay VAT at vtv2 trực tiếp bóng đá hôm nay locality where production and business occur.
- Taxpayers declaring and paying VAT by vtv2 trực tiếp bóng đá hôm nay deduction method who have dependent accounting production facilities located in a province or centrally-run city different from vtv2 trực tiếp bóng đá hôm nay province or city where vtv2 trực tiếp bóng đá hôm nay headquarters is located must pay VAT at vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay production facility is situated and vtv2 trực tiếp bóng đá hôm nay location of vtv2 trực tiếp bóng đá hôm nay headquarters.
- In cases where enterprises or cooperatives applying vtv2 trực tiếp bóng đá hôm nay direct method have production facilities in provinces or cities different from where vtv2 trực tiếp bóng đá hôm nay headquarters is located or have intermittent sales activities in other provinces, enterprises or cooperatives must declare and pay VAT at a percentage against vtv2 trực tiếp bóng đá hôm nay revenue arising in vtv2 trực tiếp bóng đá hôm nay other provinces at vtv2 trực tiếp bóng đá hôm nay locality where production facilities and intermittent sales occur. Enterprises or cooperatives are not required to pay VAT by percentage against vtv2 trực tiếp bóng đá hôm nay revenue at vtv2 trực tiếp bóng đá hôm nay headquarters for vtv2 trực tiếp bóng đá hôm nay revenue arising in another province that has been declared and paid.
- For telecommunications service businesses that offer postpaid telecommunications services in provinces or centrally-run cities different from where vtv2 trực tiếp bóng đá hôm nay headquarters is located and establish dependent accounting branches that pay VAT by deduction method participating in vtv2 trực tiếp bóng đá hôm nay provision of postpaid telecommunications services in such locality, vtv2 trực tiếp bóng đá hôm nay telecommunications service businesses will declare and pay VAT on postpaid telecommunications services as follows:
- Declare VAT on vtv2 trực tiếp bóng đá hôm nay revenue of postpaid telecommunications services of vtv2 trực tiếp bóng đá hôm nay entire business with vtv2 trực tiếp bóng đá hôm nay tax authority directly managing vtv2 trực tiếp bóng đá hôm nay headquarters.
- Pay VAT at vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay headquarters is located and at vtv2 trực tiếp bóng đá hôm nay locality where dependent accounting branches are situated.
vtv2 trực tiếp bóng đá hôm nay VAT payable at vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay dependent accounting branch is located is determined at a rate of 2% (for postpaid telecommunications services subject to VAT at a rate of 10%) on vtv2 trực tiếp bóng đá hôm nay revenue (excluding VAT) of postpaid telecommunications services at vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay dependent accounting branch is located.
- vtv2 trực tiếp bóng đá hôm nay declaration and payment of VAT are carried out in accordance with vtv2 trực tiếp bóng đá hôm nay Law on Tax Administration and its guiding documents.
Therefore, VAT for imports can be paid at:
- vtv2 trực tiếp bóng đá hôm nay locality where production and business occur.
- vtv2 trực tiếp bóng đá hôm nay locality where there is a production facility and vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay headquarters is located if taxpayers pay VAT by vtv2 trực tiếp bóng đá hôm nay deduction method with a dependent accounting production facility located in a different province or centrally-run city from where vtv2 trực tiếp bóng đá hôm nay headquarters is located.
- vtv2 trực tiếp bóng đá hôm nay locality where there is a production facility or where intermittent sales occur if vtv2 trực tiếp bóng đá hôm nay enterprise or cooperative applies vtv2 trực tiếp bóng đá hôm nay direct method with production facilities in a province or city different from where vtv2 trực tiếp bóng đá hôm nay headquarters is located or has intermittent sales activities in other provinces.
- vtv2 trực tiếp bóng đá hôm nay locality where vtv2 trực tiếp bóng đá hôm nay headquarters is located and vtv2 trực tiếp bóng đá hôm nay locality where a dependent accounting branch is situated if a telecommunications service business operates postpaid telecommunications services in a province or centrally-run city different from where vtv2 trực tiếp bóng đá hôm nay headquarters is located and establishes dependent accounting branches that pay VAT by vtv2 trực tiếp bóng đá hôm nay deduction method and engage in postpaid telecommunications service provision in that locality.
