What are bóng đá hôm nay trực tiếp cases of suspension of use of electronic invoices in Vietnam?

Regarding this matter, LawNet would like to answer as follows:

1. Benefits of electronic invoices (e-invoice)

Currently, e-invoices are increasingly being widely used. bóng đá hôm nay trực tiếp benefits that e-invoices bring are as follows:

- For businesses:

+ Cost reduction: e-invoices help businesses reduce costs compared to using paper invoices (reducing printing costs, ink costs, transportation costs, invoice storage costs, storage space, etc.).

+ Improved management efficiency: Easy retrieval and control of invoices, minimizing errors.
  
+ Enhanced brand reputation: Demonstrates bóng đá hôm nay trực tiếp professionalism and modernity of bóng đá hôm nay trực tiếp business.

+ Expanded business opportunities: Easy participation in e-commerce platforms, import-export activities.

- For consumers:

+ Easy invoice retrieval and control: Consumers can easily look up invoice information on bóng đá hôm nay trực tiếp electronic portal of bóng đá hôm nay trực tiếp General Department of Taxation.

+ Protection of rights: Limiting invoice forgery, ensuring consumer rights.

+ Environmental protection contribution: Reducing bóng đá hôm nay trực tiếp use of paper documents.

2. What are bóng đá hôm nay trực tiếp cases of suspension of use of e-invoices in Vietnam?

According to Clause 1, Article 16 ofDecree No. 123/2020/ND-CP, enterprises, business entities, other organizations, household or individual businesses shall suspend their use of authenticated and unauthenticated e-invoices in bóng đá hôm nay trực tiếp following cases:

- An enterprise, business entity, other organization, household business or individual business has its TIN invalidated;

- An enterprise, business entity, other organization, household business or individual business does not operate at bóng đá hôm nay trực tiếp registered location as verified and announced by bóng đá hôm nay trực tiếp tax authority;

- An enterprise, business entity, other organization, household business or individual business has sent a notification of business suspension to a competent authority;

- An enterprise, business entity, other organization, household business or individual business is banned from using e-invoices by bóng đá hôm nay trực tiếp tax authority for bóng đá hôm nay trực tiếp purpose of enforcement of payment of tax debts;

- E-invoices are used to sell smuggled goods, banned goods, counterfeits, goods violating intellectual property rights as detected and informed by competent authorities;

- E-invoices are used for short selling of goods or services for fraudulent purposes as detected and informed by competent authorities;

- A business registration authority or competent authority requests an enterprise to suspend operation in a conditional business line after finding that this enterprise does not fully satisfy bóng đá hôm nay trực tiếp business conditions prescribed by law.

In addition, If bóng đá hôm nay trực tiếp tax authority, through inspection, discovers that bóng đá hôm nay trực tiếp enterprise is established for bóng đá hôm nay trực tiếp purpose of trade and use of illegal e-invoices or illegal use of e-invoices for tax evasion purposes, bóng đá hôm nay trực tiếp enterprise shall face administrative penalties and be suspended from use of e-invoices according to bóng đá hôm nay trực tiếp decision issued by bóng đá hôm nay trực tiếp tax authority.

3. What is bóng đá hôm nay trực tiếp procedures for suspension of use of e-invoices in Vietnam?

According to Clause 2, Article 16 ofDecree No. 123/2020/ND-CP, procedures for suspension of use of e-invoices are as follows:

- bóng đá hôm nay trực tiếp supervisory tax authority shall send a notification requesting bóng đá hôm nay trực tiếp taxpayer to provide explanation or additional documents about its use of e-invoices in bóng đá hôm nay trực tiếp following cases:

+ E-invoices are used to sell smuggled goods, banned goods, counterfeits, goods violating intellectual property rights as detected and informed by competent authorities;

+ E-invoices are used for short selling of goods or services for fraudulent purposes as detected and informed by competent authorities;

+ A business registration authority or competent authority requests an enterprise to suspend operation in a conditional business line after finding that this enterprise does not fully satisfy bóng đá hôm nay trực tiếp business conditions prescribed by law.

- bóng đá hôm nay trực tiếp taxpayer must provide such explanation or additional documents within 02 working days from receipt of bóng đá hôm nay trực tiếp notification from bóng đá hôm nay trực tiếp tax authority. Such explanation or additional documents may be provided directly or in writing for bóng đá hôm nay trực tiếp tax authority.

- bóng đá hôm nay trực tiếp taxpayer shall continue using e-invoices or provide explanation. To be specific:

+ If bóng đá hôm nay trực tiếp taxpayer provides adequate and convincing explanation or additional documents as prescribed, it shall continue using e-invoices.

+ If bóng đá hôm nay trực tiếp explanation or additional documents provided by bóng đá hôm nay trực tiếp taxpayer is/are not convincing, bóng đá hôm nay trực tiếp tax authority shall continue requesting bóng đá hôm nay trực tiếp taxpayer to provide additional documents. Additional documents must be submitted within 02 working days from receipt of bóng đá hôm nay trực tiếp tax authority’s request.

+ If bóng đá hôm nay trực tiếp taxpayer fails to provide explanation or additional documents within bóng đá hôm nay trực tiếp requested period, bóng đá hôm nay trực tiếp tax authority shall request bóng đá hôm nay trực tiếp taxpayer to suspend its use of authenticated e-invoices or unauthenticated e-invoices, and take further actions as prescribed.

Best regards!

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