On September 30, 2019, the Ministry of Finance issued Circular No. 68/2019/TT-BTC guiding the implementation of a number of articles of Decree No. 119/2018/ ND-CP dated September 12, 2018 of the Government on e-invoices when selling goods and providing services. Accordingly, the content of the circular has some new points as follows:
- Content and time of electronic invoicing
The circular details the requirements for the content of e-invoices. Specifically:
- Amended regulations on invoice form code and invoice code:
- Issuance date of e-invoices is determined by the date when the seller signs on the invoice by electronic or digital signature in accordance with the specific provisions on each case of selling goods or providing services specified in Article 7 of Decree No. 119/2018/ND-CP and Article 4 of Circular No. 68/2019/TT-BTC.
- E-invoices do not necessarily need buyer’s signature. More information about logo, sales contract or other information can be added.
- Handling errors of e-invoices
The Circular stipulates how to handle e-invoice errors in the following cases:
- The seller/ buyer detects errors in e-invoices without barcode of tax authorities (using services of organizations providing e-invoice solutions)
- The seller/ buyer detects errors in e-invoices with barcode of tax authorities
- Tax authorities detect errors in e-invoices with or without barcode
- Time of e-invoice application
From November 1, 2018 to October 31, 2020, units can still apply invoices in accordance with the provisions of Decree No. 51/2010/ND-CP, Decree No. 04/2014/ND-CP and other documents guiding on the implementation of 2 Decrees mentioned above if there is no notification from tax authorities.
From November 1, 2020, enterprises, economic organizations, other organizations, household businesses and individual businesses have to register for applying e-invoices according to the guidance in this Circular.
This Circular takes effect from November 14, 2019
