TIME FOR ISSUING INVOICES AND DECLARING REVENUE OF EXPORT GOODS

TIME FOR ISSUING INVOICES AND DECLARING REVENUE OF EXPORT GOODS

Official letter No. 4890/TCT-KK dated November 2, 2023 of the General Department of Taxation responding to the time of issuing invoices and declaring revenue of exported goods. Accordingly:

- The time of issuing electronic invoices is implemented according to the provisions of Point c, Clause 3, Article 13 of Decree No. 123/2020/ND-CP:

“c) Business establishments that make value-added tax declaration and payment, and have exported goods and services (including establishments processing export goods) shall use VAT e-invoices when exporting goods or services.

When conducting goods issue and transport to the border gates or to the place where export procedures are carried out, the establishments shall use the ex-warehousing-cum-internal transportation slip as specified as a document for goods circulation on the market. After completing the procedures for exporting goods, the establishments shall create VAT invoices for the exported goods."

- The basis for determining exported goods and the time to determine export revenue are implemented according to Clause 7, Article 13 of Circular No. 119/2014/TT-BTC dated April 25, 2014 amending Clause 4. Article 16 of Circular No. 219/2013/TT-BTC dated December 31, 2013 of the Ministry of Finance; Clause 33, Article 1 of Circular No. 39/2018/TT-BTC dated April 20, 2018 of the Ministry of Finance:

+ Time to determine export revenue according to Clause 7, Article 13, Circular No. 119/2014/TT-BTC

"Commercial invoice. The date of determining export revenue for tax calculation is the date of confirmation of completion of customs procedures on the customs declaration."

+ Regulations on the basis for determining exported goods according to Clause 33, Article 1, Circular 39/2018/TT-BTC

"“1. For goods exported through border gates by sea, air, railway, inland waterway, transshipment port, transshipment zone; goods supplied to ships and aircraft on exit; exported goods are transported together with people on exit through the air border gate; exported goods put into CFS warehouse; exported goods put into ICD are export customs declarations that have been cleared of customs and confirmed that they have passed the monitoring area on the System when the goods are loaded on the exiting means of transport. Particularly for exported goods put into the bonded warehouse, it is the export customs declaration that has been cleared of customs and confirmed that the goods have been put into the bonded warehouse on the System."