ANT Lawyers – new guidelines on Vietnam tax laws have been issued by Vietnam
Ministry of Finance. The Circular 65/2012/TT-BTC provides guidance on
VAT regulations for trading enterprises. This provisions lay down that
the monthly VAT refund will not be applied on enterprises that are only
trading of goods and services for export but will be applicable to
enterprises trading with goods and services for domestic market and for
export at the same time provided that export operations connected with
an input VAT after an allocation of USD 10 mil or more.
Further provisions of this Circular explain the importance to deal with input invoices that are not paid via a bank.The Circular will be effective from the date of July 1st, 2013. ANT LawyersYour lawyers in Vietnam