Circular No. 175/1998/TT-BTC guides the implementation of Decree No. 102/1998/NĐ-CP dated December 21, 1998 of the Government amending and supplementing certain provisions of Decree No. 28/1998/NĐ-CP dated May 11, 1998 of the Government detailing the implementation of the Value Added Tax Law.

MINISTRY OF FINANCE ********	SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness ********
NUMBER: 175/1998/TT-BTC	HA NOI, December 24, 1998

 

CIRCULAR

GUIDING IMPLEMENTATION OF DECREE NO. 102/1998/NĐ-CP OF THE GOVERNMENT ON AMENDING AND COMPLEMENTING CERTAIN PROVISIONS OF DECREE NO. 28/1998/NĐ-CP OF THE GOVERNMENT ON DETAILING THE IMPLEMENTATION OF THE VALUE ADDED TAX LAW ISSUED ON DECEMBER 21, 1998

Pursuant to the Law on Value Added Tax (VAT); Decree No. 28/1998/NĐ-CP dated May 11, 1998 of the Government detailing the implementation of the Law on VAT;
Pursuant to Decree No. 102/1998/NĐ-CP dated December 21, 1998 of the Government amending and supplementing certain provisions of Decree No. 28/1998/NĐ-CP dated May 11, 1998 of the Government;
The Ministry of Finance supplements and amends some points in Circular No. 89/1998/TT-BTC dated June 27, 1998 of the Ministry of Finance guiding the implementation of Decree No. 28/1998/NĐ-CP dated May 11, 1998 of the Government as follows:

I. REGARDING OBJECTS NOT SUBJECT TO VAT AS STATED IN PART A, SECTION II:

1- Supplement point 4: No VAT shall be levied on leasing foreign aircraft, drilling platforms, and ships that are not domestically produced and used for production and business activities.

- For leasing aircraft, regardless of the form of lease (leasing the entire aircraft or leasing with the pilot included).

- For leasing drilling platforms, it does not include materials and raw materials used in drilling operations.

- For leasing ships that are not domestically produced, confirmation from the Ministry of Transport or the specialized management agency must be provided.

Business establishments leasing equipment from abroad which are exempt from VAT as mentioned above must present the lease contracts signed with foreign parties to the tax authority where they conduct their business operations.

2- Supplement point 7: Non-VAT taxable credit services are lending activities conducted under the principle of repayment according to the law.

For bank guarantee services, if the guarantor pays the loan on behalf of the customer when the customer fails to fulfill the agreed obligations, and the customer accepts the debt and repays the financial institution the amount paid on their behalf, then this service is considered a non-VAT taxable credit service.

II. REGARDING THE BASIS FOR CALCULATING VAT ON GOODS AND SERVICES AS STATED IN SECTION I, PART B:

1- Supplement point 3 regarding the tax base for goods and services used for exchange, internal use, gifts, and promotions:

- For goods given or gifted to customers by businesses, VAT should be calculated as if they were sold. For promotional and advertising goods, if no VAT is charged at the time of sale, only the input VAT corresponding to the value of the promotional and advertising goods can be deducted from the total deductible expenses for corporate income tax purposes.

Example: An electronics manufacturing and trading company promotes its products by giving away motorcycles and other items. In 1999, the total production and trading costs were 120 billion VND, including 12 billion VND for other expenses, and the input VAT for promotional and advertising goods was 0.8 billion VND.

If the allowable ratio of other expenses to total costs is 5%, then the allowable amount is 120 billion VND x 5% = 6 billion VND.

Therefore, the company can only deduct up to 0.8 billion VND of input VAT for promotional and advertising goods, corresponding to the amount included in other expenses (6 billion VND).

- For goods transferred internally between warehouses, or materials and semi-finished products transferred within a production and trading establishment for continued production, no VAT needs to be calculated or paid.

2- Supplement point 8 regarding the tax base for commission on buying and selling goods:

- For agents who buy or sell goods strictly according to the price set by the principal and only earn commissions, the commissions paid to the agent can be recorded as the principal's expense, and the agent does not need to calculate and pay VAT on the earned commission. The VAT on the goods sold is declared and paid by the principal.

- For agents entrusted to purchase or import goods, when returning the goods to the principal, the agent must issue a VAT invoice and record the output VAT on the returned goods based on the actual VAT paid on imported goods or purchased goods (if applicable).

- For export agents: the agent must send a copy of the export declaration confirmed by Customs to the principal to declare the output VAT on exported goods.

For branches, stores, and agents selling goods subject to special consumption tax according to the prices set by the manufacturer, if the manufacturer has already declared and paid the special consumption tax based on the sales price to the branches, stores, or agents, these entities do not need to declare and pay VAT on the goods and the commission received.

Agents who buy or sell goods through outright purchase and sale, or other forms not in accordance with the set prices, must calculate and pay VAT on both purchases and sales.

3- Supplement point 7:

- For self-construction projects (SCPs) with separate accounting for construction results, VAT must be calculated; in cases without separate accounting, no VAT is calculated. Input VAT on SCPs can be deducted from the output VAT on taxable goods and services sold according to the regulations on deduction.

- Agricultural enterprises that separately account for construction results in agriculture from subsequent agricultural production and trading activities do not need to calculate output VAT and cannot deduct or refund input VAT on agricultural products produced in construction activities that are not subject to VAT.

4- Supplement the tax base for certain goods and services as stated in point 10 as follows:

- For travel services provided under the tour operator model, where contracts with customers are signed at a full package price, the full package price is determined as the price including tax for calculating VAT and revenue of the business. In cases where the full package price includes non-VAT taxable items such as airfare tickets for transporting tourists from foreign countries to Vietnam and vice versa, accommodation and sightseeing costs abroad (if there are valid receipts), these expenses shall be deducted from the price (revenue) subject to VAT calculation.

Example 1:

The Ho Chi Minh City Tourism Company implements a full-package tourism contract with Thailand for 50 tourists for five days in Vietnam with a total payment amounting to 32,000 USD. The Vietnamese side is responsible for all airfare, food, lodging, and sightseeing costs according to the agreed program; among which, the round-trip airfare from Thailand to Vietnam and back amounts to 10,000 USD. The output VAT under this contract is calculated as follows:

+ VAT taxable revenue is:

32,000 USD - 10,000 USD = 22,000 USD

+ Output VAT is: (calculated at a reduced rate of 50%)

22,000 USD
	x	10%	=	2,000 USD
1 + 10%

+ Revenue of the entity for calculating business results is:

32,000 USD - 2,000 USD = 30,000 USD

+ Input VAT deductible is determined according to regulations to calculate the VAT payable.

Example 2: The Hanoi Tourism Company implements a full-package contract for bringing tourists from Vietnam to China at a price of 400 USD per person for five days, the company must pay 300 USD per person to the Chinese Tourism Company. Therefore, the revenue subject to VAT of the Hanoi Tourism Company is 100 USD per person (400 USD - 300 USD).

- For pawnshop services, the revenue subject to VAT is the amount receivable from such activities, including interest receivable from pawn loans and the difference received from selling pawned goods {sales revenue from auctioned goods minus (-) the amount payable to customers (if any), minus (-) the loan amount}.

This revenue is determined as the price including VAT for calculating output VAT and revenue of the business.

Example:

During the tax period, the pawnshop company has a revenue of 110 million VND.

+ Output VAT is determined as follows:

110 million VND
	x	10%	=	10 million VND
1 + 10%

+ The revenue of the unit for calculating business results is:

110 million VND - 10 million VND = 100 million VND

- For books, newspapers, magazines sold at the published price (cover price) as stipulated by the Law on Publishing, that selling price is considered as the price including VAT for calculating VAT and revenue of the business (for those subject to VAT). In cases of sales not at the cover price, VAT is calculated based on the selling price.

Example: The Literature Publishing House sells literary books to the Book Distribution Company:

The price printed on the cover (including VAT) is 6,300 VND per book

Distribution fee (25%) is: 1,575 VND per book

The VAT taxable price is determined as follows:

- VAT taxable price at the publishing stage:

6,300 VND - 1,575 VND
	=	4,500 VND per book
1 + 5%

+ VAT is: 4,500 VND per book x 5% = 225 VND per book.

+ Total payment amount is:

4,500 VND per book + 225 VND per book = 4,725 VND per book

- VAT taxable price at the distribution stage:

6,300 VND
	=	6,000 VND per book
1 + 5%

+ Output VAT: 6,000 VND per book x 5% = 300 VND per book.

+ VAT payable is:

300 VND per book - 225 VND per book = 75 VND per book

(Assuming no other input VAT).

5- The VAT rate applicable to certain goods and services is as follows:

- Audit, accounting, survey, design services: 10%.

- Export labor services such as processing application procedures, medical examinations with fees: 10%.

- Resale assets, scrap materials, waste products: VAT rate applicable to such goods.

- Internet information provision services: 10%.

- Goods exported that are exempt from VAT shall not be subject to a 0% rate.

Example: Goods subject to special consumption tax directly exported by the production unit, agricultural products not processed directly exported by the production unit.

III. SUPPLEMENTING THE PART ON GUIDELINES FOR CALCULATING VAT AS SET OUT IN SECTION III, PART B, CIRCULAR NO. 89/1998/TT-BTC:

1- Supplementing point 1 on deductible input VAT as follows:

- For production units applying the VAT deduction method, deductible input VAT is calculated at a fixed percentage (%) in certain cases as follows:

+ Production units purchasing scrap steel for raw material to produce steel can deduct 5% of the value of purchased scrap steel. If the production unit organizes branches or collection points that are dependent entities, the deduction is applied at the production unit level. The basis for deduction is the list of purchased scrap steel. For enterprises organizing subordinate units to collect scrap steel for supply to production units within the enterprise at designated prices, the collecting unit can deduct at the prescribed rate for scrap steel collected and supplied to production units. When selling scrap steel to production units, the seller must issue a VAT invoice, the taxable price being reduced accordingly to the fixed deduction rate.

+ Seafood production and processing units purchasing from fishermen can deduct 5% of the value of purchased seafood.

+ Insurance operating units can deduct 5% of the actual expenditure for compensation to customers without VAT invoices for insurance transactions subject to VAT (excluding compensation for non-VAT taxable insurance services and payments made based on purchase invoices issued by organizations or individuals receiving compensation, which cannot be deducted at the prescribed rate).

+ Trading organizations and businesses purchasing goods subject to special consumption tax from production units for resale can deduct 3% of the purchase price.

The deduction of input VAT as prescribed above does not apply in the following cases:

+ Production units purchasing these items as raw materials for export production;

+ Trading businesses purchasing goods subject to special consumption tax from production units for export or catering purposes; goods subject to special consumption tax purchased from trading businesses.

+ For insurance services not subject to VAT on insurance compensation payments, such services are not subject to VAT.

Example 1: An iron and steel production company has sales revenue of iron and steel amounting to 100 million VND during the tax period, with output VAT of 10 million VND.

The value of materials and goods purchased during the period for producing iron and steel is 60 million VND, including 30 million VND with VAT invoices and VAT input tax of 3 million VND, and 30 million VND for scrap iron and steel collected.

The VAT payable is determined as follows:

- The deductible VAT input tax for scrap iron and steel collected is: 30 million VND x 5% = 1.5 million VND.

- The VAT payable is calculated as:

10 million VND - (3 million VND + 1.5 million VND) = 5.5 million VND.

The value of scrap iron and steel purchased recorded as costs to determine business results is: 30 million VND - 1.5 million VND = 28.5 million VND.

Example 2: Insurance Company A has the following income during the tax period:

- Premiums subject to VAT: 100 million VND, output VAT: 10 million VND.

- Premiums not subject to VAT: 150 million VND.

- Value of goods and services purchased: 100 million VND; input VAT is 10 million VND (cannot be separately accounted for between taxable and non-taxable insurance services).

- Insurance compensation paid: 60 million VND (of which the portion corresponding to taxable insurance services is 40 million VND).

The VAT payable is determined as follows:

- Deductible VAT input tax for insurance compensation paid to customers participating in taxable insurance services:

40 million VND x 5% = 2 million VND.

- Deductible VAT input tax of goods and services purchased is proportionate to the ratio of taxable turnover to total turnover as follows:

100 million VND
	x	10 million VND	=	4 million VND
100 million VND + 150 million VND

- VAT payable: 10 million VND - (2 million VND + 4 million VND) = 4 million VND.

Business entities purchasing items eligible for input tax deduction at the specified rate must prepare a list of purchased goods according to regulations, and for insurance compensation payments, they must prepare a list based on actual payment vouchers.

2- Add to the end of Section III as follows:

For businesses subject to VAT under the deduction method that engage in buying and selling gold, silver, precious stones, foreign currencies, the direct calculation method on VAT shall apply. Businesses must separately account for VAT payable on goods and services according to each type of business activity and separate tax calculation methods.

In cases where separate accounting is not possible, allocation of input goods and services and deductible VAT input tax shall be made proportionately to the revenue of each activity. Based on determining VAT payable according to each tax calculation method, the business prepares a consolidated tax declaration form according to the model issued together with this Circular.

Businesses subject to VAT under the direct calculation method on VAT shall not include the value of externally purchased assets, investments, and construction costs as fixed assets in the purchase value of goods and services for calculating added value.

3- Add to Point 5, Section III regarding invoices and purchase-sale documents:

If a business purchases goods from individuals or organizations not engaged in business without invoices or documents as prescribed, it must prepare a list of purchased goods according to Form No. 04/GTGT issued together with Circular No. 89/1998/TT-BTC of the Ministry of Finance (indicating modifications to the name of the list and relevant indicators to suit the type of purchased goods).

IV. GUIDANCE ON ADDITIONAL REGULATIONS REGARDING THE REGISTRATION, DECLARATION, AND PAYMENT OF VAT AS STATED IN PART C OF CIRCULAR NO. 89/1998/TT-BTC OF THE MINISTRY OF FINANCE AS FOLLOWS:

1- Businesses must register, declare, and pay VAT at the localities where they conduct business operations (the locality being defined as a province or centrally-administered city).

2- Organizations and individuals providing consulting, survey, design, registration, declaration, and payment services must declare and pay VAT to the local tax authority where their headquarters are located.

3- Construction enterprises and units undertaking construction projects in other localities must declare and pay VAT at the location of the construction project. The construction unit is responsible for declaring and paying VAT. If the construction unit does not meet the conditions for declaration, the enterprise must declare and pay VAT on behalf of the construction unit according to the tax notice from the tax authority, and the paid tax will be settled together at the enterprise level. In cases where input VAT and output VAT cannot be determined at the construction site or if declarations do not comply with regulations, the tax authority will determine the VAT payable and notify the construction unit of the VAT payable.

4- Public institutions and other organizations such as radio and television stations, schools, institutes, and military units that engage in production and business activities subject to VAT must register, declare, and pay VAT and corporate income tax according to the Law. If these units cannot separately account for costs and input VAT on taxable goods and services, the payable VAT and corporate income tax will be determined based on revenue and the percentage of VAT and corporate income tax rates set by the tax authority for declaration and payment. When issuing invoices for sales and service payments, the units must clearly indicate the price excluding VAT and the VAT amount as prescribed.

V. REGARDING THE REGULATIONS ON VAT REFUNDS AS STATED IN PART D, SECTION I:

Amend and supplement Point 1:

Businesses subject to VAT under the deduction method may be considered for VAT refunds if the deductible VAT input tax for three consecutive months exceeds the output VAT. Businesses exporting seasonal or periodic large quantities of goods may also be considered for VAT refunds for each period if there is a significant difference between the VAT input tax on exported goods and the output VAT.

The procedures and documentation for requesting a VAT refund shall be carried out according to the guidelines in Circular No. 89/1998/TT-BTC.

VI. REGARDING THE REGULATIONS ON VAT REDUCTIONS AS STATED IN PART H, SECTION II:

1- Supplement and amend Points 1 and 2 regarding the criteria and reduction rates for VAT as follows:

- For production facilities, construction sites, transportation, trade, tourism, service, and catering businesses in the early years of applying VAT if they incur losses due to the amount of VAT payable being greater than the tax calculated at the previous turnover tax rate, they shall be considered for a reduction in the amount of VAT payable.

- The level of VAT subject to reduction for each business entity corresponds to the loss caused by the aforementioned reason but shall not exceed the amount of VAT that the business entity must pay in the year under consideration for the reduction.

Example: Business entity A in the trading sector has inventory value carried over from 1998 to 1999 of 5 billion VND, goods purchased during the year of 53 billion VND, with input VAT of 4 billion VND. Goods sold during the year amounted to 62 billion VND, with output VAT of 6.2 billion VND, and cost of goods sold and other operating expenses recorded for calculating the business result was 63 billion VND.

The VAT payable is determined as follows:

- The VAT payable is calculated as:

6.2 billion VND - 4 billion VND = 2.2 billion VND

- Business result in loss:

62 billion VND - 63 billion VND = -1 billion VND.

- Determining the cause of loss due to tax change:

+ Turnover tax payable according to the previous turnover tax rate (assuming all goods sold are subject to a turnover tax rate of 2% on the selling price including tax) is: (62 billion VND + 6.2 billion VND) x 2% = 1.364 billion VND.

+ The difference between VAT payable and turnover tax is:

2.2 billion VND - 1.364 billion VND = 0.836 billion VND.

Therefore, business entity A falls within the category eligible for a reduction in VAT, and the amount eligible for reduction in VAT according to this example is: 0.836 billion VND (corresponding to the loss caused by the higher VAT payable compared to the previous tax rate).

- Businesses engaged in goods and services listed below when calculating VAT output tax shall have their tax reduced by 50% of the prescribed rate:

- Coal.

- Tractors, tractors, water pumps, machine tools, power units.

- Sodium hydroxide (NaOH), sodium hypochlorite (Na(OCl)), calcium hypochlorite (Ca(OCl)).₂- Aluminum hydroxide (Al(OH)).₃- Hydrochloric acid (HCl), liquid chlorine and chlorine gas (Cl).₂- Sodium silicate (Na).₂≥ 44%, Al₃).

- Goods subject to special consumption tax of commercial businesses paying tax under the deduction method for purchases and sales.

- Hotels, tourism, catering.

- Software services and software products (tax rate of 10% now reduced by 50%).

When selling goods and services, businesses must record the VAT of such goods and services on the VAT invoice at the reduced tax rate.

Example 1: Company A sells one tractor for 20 million VND, and when calculating VAT and writing the VAT invoice as follows:

- VAT determined at the reduced rate is as follows:

20,000,000 VND x 10% = 2,000,000 VND reduced by 50% to 1,000,000 VND.

- The VAT invoice records:

+ Selling price: 20,000,000 VND

+ VAT: 1,000,000 VND

+ Total payment: 21,000,000 VND.

For businesses engaged in tourism, hotel, and catering services, the 50% reduction is based on goods and services at a 20% tax rate; for other goods and services subject to a 10% tax rate, the 50% reduction does not apply.

Example 2: Hotel Hanoi operates room rental and souvenir sales activities, with a tax rate of 20% for room rental now reduced by 50% (equivalent to 10%). For souvenir sales, taxes are still calculated according to the specified rates for each item.

Example 3: A trading company buys cigarette packs subject to special consumption tax from a manufacturing company for resale. When calculating the VAT payable for this product, the output tax is reduced by 50% compared to the prescribed rate and the input tax deductible is 3% calculated on the purchase price from the manufacturing company (excluding VAT input tax on invoices for external transport and service purchases used for business operations).

- Purchase price of the cigarette manufacturing company (per 1,000 packs) is: 5,800,000 VND.

- Sales price: 6,000,000 VND.

- VAT calculated on the sales price at 10%, reduced by 50% to:

6,000,000 VND x 5% = 300,000 VND.

- Sales price including VAT is:

6,000,000 VND + 300,000 VND = 6,300,000 VND.

- Input tax deductible at 3%:

5,800,000 VND x 3% = 174,000 VND.

- VAT still payable:

300,000 VND - 174,000 VND = 126,000 VND.

(If the VAT input tax on goods and services purchased externally for business operations is deductible, the VAT payable will be lower than 126,000 VND).

Based on prices, market conditions, and taxes payable, the business may adjust the selling price downward.

VII. GUIDANCE ON THE FILING AND PAYMENT OF VAT AS STATED IN POINT 1, SECTION II, PART C, CIRCULAR NO. 89/1998/TT-BTC IS AS FOLLOWS:

When business entities prepare lists of goods and services purchased and sold attached to monthly tax declaration forms, they shall apply the following filing procedures in certain cases:

- For goods and services sold directly to end consumers such as electricity, water, postal services, hotel, and catering services, the total retail sales can be declared collectively without detailing each invoice.

- For goods and services purchased in cases where purchases are made from individual retailers, a consolidated list of these purchases can be prepared without detailing each invoice.

VIII. ADD TO THE END OF SECTION II, PART H, CIRCULAR NO. 89/1998/TT-BTC IS AS FOLLOWS:

For state-owned enterprises engaged in the production and sale of goods and services such as lottery, electricity, cement, postal and telecommunications services, and other high-income goods and services due to lower VAT payments compared to the previous turnover tax rate, they must pay corporate income tax and additional income tax according to the Corporate Income Tax Law; the remaining income from VAT paid lower than the previous turnover tax rate must be further paid into the State Budget at the following percentage rates:

- Lottery companies: 90%;

- Cement companies, postal and telecommunications companies, ship agency companies: 80%;

- Other companies: 70%

Example: Cement Company HT had a business result in 1999 with taxable income of 40 billion VND, of which the VAT payable was lower than the previous turnover tax by 10 billion VND (equivalent to 25% of total taxable income). The company's equity is 120 billion VND.

- Corporate income tax payable according to the Law:

40 billion VND x 32% = 12.8 billion VND

- Remaining income after paying corporate income tax:

40 billion VND - 12.8 billion VND = 27.2 billion VND

The additional income tax payable portion corresponding to the income exceeding 12% of the equity capital shall be determined as follows:

- Income equivalent to 12% of the equity capital is calculated as:

120 billion x 12% = 14.4 billion VND

The additional income tax payable is calculated as:

(27.2 billion - 14.4 billion) x 25% = 3.2 billion VND

Remaining income after paying income tax and additional income tax:

40 billion - (12.8 billion + 3.2 billion) = 24 billion VND, of which the reduction in tax due to changes in tax is: 24 billion x 25% = 6 billion VND.

Additional amount to be paid: 6 billion x 80% = 4.8 billion VND.

In total, the corporate income tax, additional income tax, and additional payment to the State budget is:

12.8 billion + 3.2 billion + 4.8 billion = 20.8 billion VND.

The determination and collection of the additional income portion are based on the annual tax settlement; for provisional collection purposes, the tax authority bases it on the enterprise's projected annual income to set the quarterly provisional payment amount together with the payment of corporate income tax.

Pursuant to Clause 6, Article 1 of Decree No. 102/1998/NĐ-CP of the Government, production and business establishments dealing with fertilizer, pesticide products, and other items subject to government inventory requirements that remain in stock until December 31, 1998 and transferred to 1999, if the inventory level affects the business results, will be eligible for a reduction in the VAT payable on the sale of inventory goods corresponding to the increased VAT payable compared to the previous VAT rate.

To qualify for a tax reduction, the business establishment must submit a report on the inventory stock of these items at the end of December 31, 1998, including the type of goods, quantity, value of inventory, the portion of inventory required by the government, actual sales volume, VAT payable on the sale of inventory goods, and the proposed reduction submitted to the tax authority for review. The Tax Department is responsible for verifying, determining, and reporting to the Ministry of Finance for consideration and resolution of each specific case.

For business establishments with large inventories in 1998 (including materials, raw materials, semi-finished products, goods, unfinished construction projects) put into production, business operations, and sold from January 1, 1999, if the VAT payable increases compared to the previous VAT rate leading to losses, they may be considered for a tax reduction under Article 28 of the Value Added Tax Law, as detailed in Section VI of this Circular.

IX. EFFECTIVE DATE:

This Circular takes effect from January 1, 1999, replacing and supplementing the corresponding provisions in Circular No. 89/1998/TT-BTC dated June 27, 1998 of the Ministry of Finance guiding the implementation of Decree No. 28/1998/NĐ-CP dated May 11, 1998 of the Government detailing the implementation of the Value Added Tax Law.

During the implementation process, if there are any difficulties or obstacles, please promptly report them to the Ministry of Finance for research and supplementary guidance.

Pham Van Trong (Signed)

 

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

VALUE ADDED TAX RETURN FORM

Month ... Year ...

Construction Standard of Vietnam

Name of establishment: ...

Address: …

Serial number	Index	Amount (Vietnamese Dong)
1	VAT carried forward from the previous period
	- Underpaid
	- Overpaid
2	VAT generated during the period
	Where:
	- Of goods and services taxed using the deduction method
	- Of goods and services taxed using the direct calculation method on VAT
3	VAT paid in the month
4	VAT refunded in the month
5	VAT still to be paid this month (5=2 ± 1 + 4 - 3)

Amount to be paid (in words):

I hereby certify that the information declared above is correct, and I am willing to bear responsibility according to the law if it is incorrect.

Attached to this return form are detailed declarations:

- VAT of goods and services taxed using the deduction method.

- VAT of goods and services taxed using the direct calculation method on VAT.

- Detailed declarations of goods and services purchased and sold.

Place of submission of the return form: - Tax authority: - Address:

Date ... Month ... Year ... On behalf of the establishment: (Signature, stamp)

- Date the tax authority received the return form: ...

- Receiver: (sign, write full name):...