Nội dung toàn văn Official Dispatch No. 3824/TCT-PCCS on value added tax (VAT) on goods used
MINISTRY OF FINANCE | SOCIALIST REPUBLIC OF VIET NAM |
No. 3824/TCT-PCCS | Hanoi, October 27, 2005 |
OFFICIAL LETTER
ON VALUE ADDED TAX (VAT) ON GOODS USED FOR ADVERTISEMENT OR SALE PROMOTION
To: Provincial/municipal Tax Departments
The General Department of Taxation has received requests from several units for the guidance on input VAT on goods used for advertisement or sale promotion. Concerning this matter, the General Department of Taxation gives the following opinion:
Pursuant to Article 9 of the Government's Decree No. 158/2003/ND-CP of December 10, 2003, detailing the implementation of the VAT Law and the Law Amending and Supplementing a Number of Articles of the VAT Law, and Circular No. 120/2003/TT-BTC of December 12, 2003, guiding the implementation of Decree No. 158/2003/ND-CP of December 10, 2003:
For goods (including goods purchased and goods produced by enterprises themselves) which are used by enterprises for sale promotion or advertisement in various forms in service of production of and trading in VAT-liable goods and services, input VAT shall be credited.
This Official Letter replaces the guidance at Point 1 of the General Taxation Department's Official Letter No. 1486 TCT/DTNN of May 19, 2005. The General Department of Taxation hereby notifies provincial/municipal Tax Departments thereof for implementation.
| FOR THE GENERAL DIRECTOR OF TAXATION |
