Condition to consider goods and services bought from non –business individual as deductible expenses.

Condition to consider goods and services bought from non –business individual as deductible expenses.

On Jun 04^th 2018, Hanoi Department of Tax released the Official dispatch No 37303/CT-TTHT. Accordingly, in case Enterprise purchases goods and services directly from the individual that do not do direct business, it shall be required to make a list of goods and services (under form No 01/TNDN attached with Circular No 78/2014/TT-BTC) attached with payment voucher in order to record deductible expenses in accordance with Article 4 Circular 96/2015/TT-BTC. Those expenses are not required to have non-cash payment documents with regard to goods and services that have the value from 20.000.000 VND.