Is kết quả bóng đá trực tiếp vaccine injection service subject to value-added tax in Vietnam? Which goods and services are exempt from value-added tax in Vietnam?
Is kết quả bóng đá trực tiếp vaccine injection service subject to value-added tax in Vietnam?
Based on Clause 10, Article 2 of kết quả bóng đá trực tiếpLaw on Prevention and Control of Infectious Diseases 2007, it is stipulated:
Terminology Explanation
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- Vaccine is a preparation containing an antigen that provides kết quả bóng đá trực tiếp body with kết quả bóng đá trực tiếp ability to mount an immune response, used fordisease prevention purposes.
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According to Clause 9, Article 5 of kết quả bóng đá trực tiếpLaw on value-added Tax 2008(amended by Clause 2, Article 1 of kết quả bóng đá trực tiếpLaw amending kết quả bóng đá trực tiếp value-added Tax Law, kết quả bóng đá trực tiếp Special Consumption Tax Law, and kết quả bóng đá trực tiếp Tax Management Law 2016), kết quả bóng đá trực tiếp subjects not subject to tax are specified as follows:
Non-taxable Objects
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- Medical services, veterinary services, including medical examination, treatment,disease prevention for humans and animals; eldercare services, services for people with disabilities.
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Additionally, based on Point a, Clause 1, Article 1 ofCircular 130/2016/TT-BTCissued by kết quả bóng đá trực tiếp Ministry of Finance guiding non-VAT objects:
Medical services, veterinary services, including medical examination, treatment, disease prevention for humans and animals, family planning services, health care services, rehabilitation for kết quả bóng đá trực tiếp sick, eldercare services, services for people with disabilities; patient transportation, room rental services, hospital beds of medical facilities; tests, screenings, imaging, blood and derivative products used for patients.
Eldercare services, services for people with disabilities include medical care, nutrition, and organizing cultural, sports, entertainment, physical therapy, rehabilitation activities for kết quả bóng đá trực tiếp elderly, people with disabilities.
In cases where kết quả bóng đá trực tiếp package of treatment services (as regulated by kết quả bóng đá trực tiếp Ministry of Health) includes kết quả bóng đá trực tiếp use of therapeutic drugs, kết quả bóng đá trực tiếp revenue from therapeutic drugs within kết quả bóng đá trực tiếp treatment package is also not subject to VAT.
Therefore, based on kết quả bóng đá trực tiếp above guidelines and regulations, kết quả bóng đá trực tiếp vaccine injection service for disease prevention for humans is classified as a disease prevention service for humans and is not subject to VAT.
Is kết quả bóng đá trực tiếp vaccine injection service subject to value-added tax in Vietnam?(Image from kết quả bóng đá trực tiếp Internet)
Which goods and services are exempt fromvalue-addedtax in Vietnam?
Based on Article 5 of kết quả bóng đá trực tiếpLaw on value-added Tax 2008(amended by Clause 1, Article 1 of kết quả bóng đá trực tiếpLaw amending kết quả bóng đá trực tiếp value-added Tax Law 2013, Clause 1, Article 1 ofLaw No. 106/2016/QH13and supplemented by Clause 1, Article 3 of kết quả bóng đá trực tiếpLaw Amending Laws on Taxation 2014), kết quả bóng đá trực tiếp non-taxable subjects are defined as follows:
- Crops, livestock, aquaculture products harvested or caught that have not been processed into other products or are only preliminarily processed by organizations or individuals directly engaged in production, catching, and selling them and during importation.
Enterprises, cooperatives purchasing unprocessed agricultural products, livestock, aquaculture products sold by organizations, individuals directly engaged in production, catching, are not required to declare and pay VAT but are entitled to input VAT credit.
- Products being breeding animals, plant seeds, including breeding eggs, breeding animals, plant seeds, breeding seeds, semen, embryos, genetic materials.
- Watering, drainage; plowing, harrowing soil; dredging canals, ditches serving agricultural production; agricultural product harvesting services.
- Fertilizers; specific machinery, equipment used for agricultural production; offshore fishing vessels; livestock, poultry feed, and other feed for animals.
- Salt products made from seawater, natural rock salt, refined salt, iodized salt with sodium chloride (NaCl) as kết quả bóng đá trực tiếp main component.
- State-owned housing sold by kết quả bóng đá trực tiếp State to current tenants.
- Land use right transfer.
- Life insurance, health insurance, study insurance, and other insurance services related to humans; livestock insurance, plant insurance, other agricultural insurance services; insurance for ships, boats, equipment, and necessary tools directly serving fishing operations; reinsurance.
- kết quả bóng đá trực tiếp following financial, banking, and securities services:
+ Credit services include: lending; discounting, rediscounting negotiable instruments and other valuable papers; guarantee; finance leasing; credit card issuance; domestic factoring; international factoring; other credit provision forms as prescribed by law;
+ Lending services of taxpayers who are not credit institutions;
+ Securities business includes: securities brokerage; securities dealing; securities underwriting; securities investment consulting; securities custody; securities investment fund management; securities portfolio management; market organization services of kết quả bóng đá trực tiếp stock exchange or securities trading center; other securities business activities as prescribed by securities law;
+ Capital assignment includes: assignment of part or all of kết quả bóng đá trực tiếp invested capital, including kết quả bóng đá trực tiếp sale of an enterprise to another enterprise for production, business purposes, securities transfer; other capital transfer forms as prescribed by law;
+ Debt trading;
+ Foreign currency trading;
+ Derivatives financial services include: interest rate swaps; forward contracts; futures contracts; foreign currency options purchasing, selling; other derivatives financial services as prescribed by law;
+ Sale of secured debt assets of kết quả bóng đá trực tiếp organization wholly owned by kết quả bóng đá trực tiếp Government of Vietnam established to handle bad debt of Vietnamese credit organizations.
- Medical services, veterinary services, including examination, treatment, disease prevention for humans and animals; eldercare services, services for people with disabilities.
- Public postal, telecommunications services and universal Internet services under kết quả bóng đá trực tiếp Government of Vietnam's program.
- Maintenance services for zoos, flower gardens, parks, street green spaces, public lighting; funeral services.
- Repair, maintenance, construction funded by public contributions, humanitarian aid for cultural, art projects, public utility projects, social policy housing, infrastructure.
- Education and vocational training according to kết quả bóng đá trực tiếp provisions of kết quả bóng đá trực tiếp law.
- Broadcasting funded by kết quả bóng đá trực tiếp state budget.
- Publishing, importing, distributing newspapers, journals, newsletters, specialized publications, political books, textbooks, textbooks, legal documents, scientific-technical books, books published in minority languages, propaganda pictures, posters, including audio, video recordings, electronic data; currency, currency printing.
- Public passenger transport by bus, electric vehicles.
- Machinery, equipment, spare parts, materials not yet produced domestically needing to be imported for direct use in scientific research, technology development; machinery, equipment, spare parts, special-use transportation, and materials not yet produced domestically needing to be imported to deploy oil, gas exploration activities; aircraft, drilling rigs, ships not yet produced domestically needing to be imported to form fixed assets of enterprises or rented from abroad for production, business, leasing, sub-leasing.
- Special-use weapons, ammunition for national defense, security.
- Imported goods in cases of humanitarian aid, non-refundable aid; gifts to state agencies, political organizations, political-social organizations, social-political-professional organizations, social organizations, social-professional organizations, armed force units; gifts to individuals in Vietnam within kết quả bóng đá trực tiếp limits prescribed by kết quả bóng đá trực tiếp Government of Vietnam; personal belongings of foreign organizations, individuals treated under diplomatic immunity; goods carried by individuals within tax-exempt luggage norms.
Goods, services sold to foreign organizations, individuals, and international organizations for humanitarian aid, non-refundable aid to Vietnam.
- Goods trans-shipped, transited through Vietnam; temporarily imported goods for re-export; temporarily exported goods for re-import; imported raw materials for kết quả bóng đá trực tiếp production, processing of exported goods based on production, processing contracts signed with foreign parties; goods, services sold between foreign countries and non-tariff zones and between non-tariff zones.
- Technology transfer under kết quả bóng đá trực tiếp Law on Technology Transfer; intellectual property rights transfer under kết quả bóng đá trực tiếp Law on Intellectual Property; computer software.
- Gold imported in kết quả bóng đá trực tiếp form of bullion, not yet processed into jewelry, decorative items, or other products.
- Exported products are natural resources, minerals that have not been processed into other products; exported products processed from resources, minerals with total value of resources, minerals plus energy costs accounting for 51% or more of kết quả bóng đá trực tiếp product cost.
- Artificial products used to replace parts of kết quả bóng đá trực tiếp human body; crutches, wheelchairs, and other special-use tools for disabled people.
- Goods, services of households, business individuals with annual revenue of one hundred million VND or less.
When is kết quả bóng đá trực tiếp time for determining VAT in Vietnam?
According to Article 5 ofDecree 209/2013/ND-CP, kết quả bóng đá trực tiếp time for determining value-added tax is regulated as follows:
- kết quả bóng đá trực tiếp time for determining VAT for goods is kết quả bóng đá trực tiếp time of transfer of ownership or use rights of goods to kết quả bóng đá trực tiếp buyer, regardless of whether payment has been collected or not.
- kết quả bóng đá trực tiếp time for determining VAT for services is at kết quả bóng đá trực tiếp time of completion of service provision or kết quả bóng đá trực tiếp time of invoicing for service provision, regardless of whether payment has been collected or not.
