Vietnam: What does XML in trực tiếp bóng đá k+ format of e-invoices stand for?
Vietnam: What does XML in trực tiếp bóng đá k+ format of e-invoices stand for?
Pursuant to Clause 1, Article 12 ofDecree 123/2020/ND-CP, trực tiếp bóng đá k+ regulation is as follows:
Format of e-invoices
1. trực tiếp bóng đá k+ format of e-invoices is a technical standard that specifies trực tiếp bóng đá k+ data type, data length of information fields for trực tiếp bóng đá k+ transmission, storage, and display of e-invoices. trực tiếp bóng đá k+ format of e-invoices uses trực tiếp bóng đá k+ XML document format language (XML stands for "eXtensible Markup Language" in English, created with trực tiếp bóng đá k+ intention of sharing e-data between IT systems).
2. trực tiếp bóng đá k+ e-invoice format consists of two components: one that contains business data of e-invoices and another that contains digital signature data. For authenticated e-invoices, there is an additional component that contains data related to trực tiếp bóng đá k+ tax authority code.
3. trực tiếp bóng đá k+ General Department of Taxation develops and publishes trực tiếp bóng đá k+ components containing trực tiếp bóng đá k+ business data of e-invoices, digital signature data, and provides tools to display trực tiếp bóng đá k+ contents of e-invoices as stipulated in this Decree.
4. Organizations and enterprises selling goods or providing services must fulfill trực tiếp bóng đá k+ following requirements when transmitting e-invoice data to trực tiếp bóng đá k+ tax authority directly:
a) Connect with trực tiếp bóng đá k+ General Department of Taxation through a dedicated leased line or an MPLS VPN Layer 3 channel, comprising one main and one backup transmission channel. Each transmission channel must have a minimum bandwidth of 5 Mbps.
b) Use Web Service or Message Queue (MQ) with encryption as a method of connection.
c) Use trực tiếp bóng đá k+ SOAP protocol to package and transmit data.
5. e-invoices must display their contents fully and accurately to prevent misunderstanding, ensuring that buyers can read them using e-means.
Thus,it can be seen that XML in trực tiếp bóng đá k+ format of e-invoices stands for "eXtensible Markup Language" in English.
Vietnam: What does XML in trực tiếp bóng đá k+ format of e-invoices stand for? (Image from trực tiếp bóng đá k+ Internet)
What are regulations onusing unauthenticated e-invoiceswhen selling goods in Vietnam?
According to Article 18 ofDecree 123/2020/ND-CP, trực tiếp bóng đá k+ regulations are as follows:
Issuing unauthenticated e-invoices
1. Businesses and economic organizations are allowed to use unauthenticated e-invoices when selling goods or providing services after receiving acceptance notification from trực tiếp bóng đá k+ tax authority.
2. Businesses and economic organizations use software to issue e-invoices when selling goods or providing services, digitally sign trực tiếp bóng đá k+ e-invoice, and send it to trực tiếp bóng đá k+ buyer electronically in accordance with trực tiếp bóng đá k+ agreement between trực tiếp bóng đá k+ seller and trực tiếp bóng đá k+ buyer, ensuring compliance with trực tiếp bóng đá k+ provisions of trực tiếp bóng đá k+ law on e-transactions.
Therefore,based on trực tiếp bóng đá k+ above regulation, enterprises using unauthenticated e-invoices must issue trực tiếp bóng đá k+ e-invoices after receiving trực tiếp bóng đá k+ acceptance notification from trực tiếp bóng đá k+ tax authority.
Enterprises that use unauthenticated e-invoices must use software to create e-invoices when selling goods and send them to buyers electronically according to trực tiếp bóng đá k+ agreement between seller and buyer, ensuring compliance with trực tiếp bóng đá k+ law on e-transactions.
Whenshall enterprises be suspended fromusing e-invoices in Vietnam?
According to Article 16 ofDecree 123/2020/ND-CP, trực tiếp bóng đá k+ regulation is as follows:
- Enterprises, economic organizations, other organizations, households, and individual businesses fall into trực tiếp bóng đá k+ following categories and must cease using authenticated e-invoices or without a tax authority code:
+ Enterprises, economic organizations, other organizations, households, and individual businesses cease trực tiếp bóng đá k+ effectiveness of their tax identification numbers;
+ Enterprises, economic organizations, other organizations, households, and individual businesses are determined and notified by trực tiếp bóng đá k+ tax authority as not operating at trực tiếp bóng đá k+ registered address;
+ Enterprises, economic organizations, other organizations, households, and individual businesses notify trực tiếp bóng đá k+ competent state management authority to temporarily cease business operations;
+ Enterprises, economic organizations, other organizations, households, and individual businesses receive a tax authority notice on ceasing to use e-invoices for tax enforcement purposes;
+ Cases involving trực tiếp bóng đá k+ use of e-invoices to sell smuggled goods, banned goods, counterfeit goods, or goods infringing upon intellectual property rights discovered and notified to trực tiếp bóng đá k+ tax authority by functional agencies;
+ Cases involving trực tiếp bóng đá k+ issuance of e-invoices for trực tiếp bóng đá k+ purpose of issuing fake goods or providing services to embezzle money from organizations or individuals discovered and notified to trực tiếp bóng đá k+ tax authority by functional agencies;
+ Cases where business registration agencies or competent state agencies request enterprises to temporarily cease conditional business activities upon discovering that enterprises do not meet legal business requirements.
Based on trực tiếp bóng đá k+ results of audits, if trực tiếp bóng đá k+ tax authority detects that enterprises are established to conduct illegal trading or use e-invoices unlawfully to evade taxes, trực tiếp bóng đá k+ tax authority will issue a decision to cease using e-invoices; trực tiếp bóng đá k+ enterprise will be dealt with according to law provisions.
