| MINISTRY OF FINANCE GENERAL DEPARTMENT OF TAXATION ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------- |
| No. 4042/TCT-CS Re: Value-added tax (VAT) rates of tea products | Hanoi, October 27, 2008 |
To: Tax Offices of provinces and centrally run cities
The General Department of Taxation has received Official Letters of some Provincial Tax Offices and enterprises concerning VAT rates of tea products. Regarding this issue, the General Department of Taxation gives the following opinions:
VAT rates of tea products comply with the guidance in Official Letter No. 2459/TCT-CS of June 26, 2008 of the General Department of Taxation.
Before the date of issuance of Official Letter No. 2459/TCT-CS, if business establishments, by the time of selling preliminarily processed semi-finished dry tea products, have issued value added invoices at the rate VAT of 10% and declared for payment of output VAT, the purchasing business establishments (which receive invoices stating such tax rate) are entitled to input VAT credit. The purchasing business establishments shall commit to take responsibility before law for VAT-refund declaration and get tax offices’ certification of their VAT declaration and payment at the tax rate stated in value added invoices.
The General Department of Taxation informs Provincial Tax Offices for information.
| | FOR THE DIRECTOR GENERAL OF TAXATION DEPUTY DIRECTOR GENERAL Pham Duy Khuong |
