On February 6th, 2023, the Bac Ninh Tax Department issued dispatch No. 287/CTBNI-TTHT, according to which:
In case the company discovers that the input invoices have not been declared in the previous months, the company may additionally declare the tax declaration dossier under the guidance in article 47 of the Law on Tax Administration No. 38/2019/QH14 dated June 13, 2019 of the tax authority. National Assembly and clause 4, Article 7 of Decree 126/2020/ND-CP dated October 19, 2020.
In case the company issues an invoice to return the goods to the supplier because the quality of the goods is not guaranteed, then: Based on the invoice for returning goods, the company will make additional declarations, adjust and reduce the deductible input VAT on the VAT declaration of the declaration period (month/quarter) that has declared deductions. In case the additional declaration reduces the refundable VAT amount, the company shall fully pay the overpaid tax amount and late payment interest to the state budget from the time the company receives the refund from the State Treasury or the date of payment of the refund by the State Treasury. The State Treasury offsets tax refunds with state budget revenues.
