Circular No. 55-TC/TCT guiding the implementation of Decision No. 195/TTg dated April 8, 1996 of the Prime Minister on the regulations for duty-free shops.

CIRCULAR

OF THE MINISTRY OF FINANCE NUMBER 55TC/TCT OF SEPTEMBER 16, 1996 GUIDING THE IMPLEMENTATION OF THE DECISION||| ISSUED ON APRIL 8, 1996 BY THE PRIME MINISTER ON THE REGULATIONS ON DUTY-FREE SHOPST Đ||| IMPLEMENTING THE DECISION NO. 195/TTg OF APRIL 8, 1996 OF THE PRIME MINISTER ON THE REGULATIONS ON DUTY-FREE SHOPS, THE MINISTRY OF FINANCE GUIDES SOME|||||| REGULATIONS ON THE REGISTRATION AND USE OF DUTY-FREE GOODS STAMPS FOR ENTERPRISES THAT HAVE BEEN GRANTED A LICENSE TO OPERATE DUTY-FREE SHOPS BY THE MINISTRY OF TRADE

||| IMPLEMENTING THE DECISIONt đ||| NO. 195/TTg OF APRIL 8, 1996 OF THE PRIME MINISTER ON THE REGULATIONS ON DUTY-FREE SHOPS, THE MINISTRY OF FINANCE ISSUES THE REGULATIONS ON DUTY-FREE SHOP OPERATIONS||| GUIDED BY THE MINISTRY OF FINANCE, ENTERPRISES OPERATING DUTY-FREE SHOPS MUST APPLY THE "VIETNAM DUTY NOT PAID" STAMP TO DUTY-FREE GOODS SOLD AT DUTY-FREE STORES OPERATED BY THE ENTERPRISES.||| I- REGULATIONS ON STAMPS AND STAMPING OF DUTY-FREE GOODS||| 1- ENTERPRISES OPERATING DUTY-FREE GOODS MUST APPLY THE "VIETNAM DUTY NOT PAID" STAMP TO DUTY-FREE GOODS SOLD AT DUTY-FREE STORES OPERATED BY THE ENTERPRISES.||| 2- THE "VIETNAM DUTY NOT PAID" STAMP MODEL IS APPROVED BY THE MINISTRY OF FINANCE (GENERAL DEPARTMENT OF TAXATION) BEFORE THE ENTERPRISE PRINTS AND PUTS IT INTO USE. THE DUTY-FREE STAMP MODEL INCLUDES SEVERAL TYPES, AS FOLLOWS:||| VIETNAM DUTY NOT PAID CODE NUMBER:...||| - TYPE OF STAMP USED TO BE APPLIED TO HIGH-VALUE ITEMS WITH UNIT CODE SYMBOLS, MINIMUM SIZE (3.7X1.2) CM.||| - TYPE OF STAMP USED TO BE PRINTED OR STAMPED DIRECTLY ONTO DUTY-FREE PRODUCTS WITH UNIT CODE SYMBOLS, SIZE NOT EXCEEDING (3.7X1.2) CM.||| THE UNIT CODE SYMBOL IS DEFINED BY THE MINISTRY OF FINANCE (GENERAL DEPARTMENT OF TAXATION) WHEN APPROVING THE STAMP MODEL FOR EACH UNIT.and||| 3- ENTERPRISES USING DUTY-FREE STAMPS MUST SUBMIT THE FOLLOWING NECESSARY DOCUMENTS WHEN REGISTERING THE STAMP MODEL WITH THE MINISTRY OF FINANCE (GENERAL DEPARTMENT OF TAXATION):5. The list, format, explanation of content, and method for preparing accounting books are specified in Appendix No. 03 "Accounting Book System" issued along with this Circular.đượ forwarded||| - LETTER REQUESTING REGISTRATION OF THE DUTY-FREE STAMP MODEL.||| - STAMP MODEL (ATTACHED).||| - LICENSE TO OPERATE DUTY-FREE GOODS ISSUED BY THE MINISTRY OF TRADE. as follows:

||| II- REGULATIONS ON THE USE OF INVOICES FOR DUTY-FREE SALES

||| 1- WHEN SELLING DUTY-FREE GOODS, THE ENTERPRISE MUST ISSUE AN INVOICE TO THE CUSTOMER. THE INVOICE MUST BE ISSUED BY THE MINISTRY OF FINANCE OR A SPECIALIZED INVOICE APPROVED FOR USE BY THE GENERAL DEPARTMENT OF TAXATION - MINISTRY OF FINANCE.

||| 2- THE SPECIALIZED INVOICE OF THE ENTERPRISE MUST REFLECT THE FOLLOWING INDICATORS: CUSTOMER NAME, ITEM NAME, QUANTITY, UNIT PRICE, TOTAL AMOUNT; TOTAL AMOUNT, AND THE INVOICE MUST HAVE AT LEAST TWO COPIES.

||| COPY 2: GIVEN TO THE CUSTOMER.

||| FOR COMPUTER-PRINTED INVOICES, THE COPIES OF THE INVOICE MUST BE BOUND INTO BOOKS OF 50 NUMBERS IN SEQUENTIAL ORDER.

||| III- REGULATIONS ON MANAGEMENT AND USE OF DUTY-FREE STAMPS AND INVOICES

||| THE REGISTRATION, PRINTING, DISTRIBUTION, MANAGEMENT, AND USE OF DUTY-FREE STAMPS AND INVOICES MUST BE CONDUCTED IN ACCORDANCE WITH THE CURRENT REGULATIONS ON THE MANAGEMENT AND USE OF INVOICES ISSUED ACCOMPANYING DECISION NO. 54 TC/TCT OF FEBRUARY 20, 1991 AND THE REGULATIONS ON THE MANAGEMENT OF TAX STAMPS ISSUED ACCOMPANYING DECISION NO. 529 TC/QĐ OF DECEMBER 22, 1992 BY THE MINISTRY OF FINANCE.

||| 2- AFTER THE GENERAL DEPARTMENT OF TAXATION APPROVES THE STAMP AND SPECIALIZED INVOICE MODELS FOR DUTY-FREE SALES, ENTERPRISES MUST REGISTER THE STAMP AND INVOICE MODELS AND QUANTITIES WITH THE PROVINCE OR CITY TAX BRANCH (WHERE THE ENTERPRISE IS PERMITTED TO OPERATE A DUTY-FREE STORE), AND SIMULTANEOUSLY, THEY MUST FULLY REPORT THE USE OF DUTY-FREE STAMPS AND INVOICES MONTHLY IN ACCORDANCE WITH THE CURRENT REGULATIONS OF THE MINISTRY OF FINANCE.

||| IV- REGARDING TAX REGIMES, DECLARATION PROCEDURES, SETTLEMENT, AND OTHER FINANCIAL ACCOUNTING REGULATIONS SHALL BE IMPLEMENTED IN ACCORDANCE WITH CURRENT REGULATIONS.

||| THE MINISTRY OF FINANCE HAS THE RESPONSIBILITY TO COORDINATE WITH OTHER SECTORS TO INSPECT AND GUIDE ENTERPRISES OPERATING DUTY-FREE SHOPS TO IMPLEMENT THIS CIRCULAR. THIS CIRCULAR TAKES EFFECT FROM APRIL 8, 1996.

||| DURING THE IMPLEMENTATION PROCESS, IF THERE ARE ANY DIFFICULTIES, LOCAL AUTHORITIES, SECTORS, AND UNITS ARE URGED TO REPORT TO THE MINISTRY OF FINANCE FOR TIMELY RESOLUTION.

II- PROVISIONS ON THE USE OF TAX-FREE SALES INVOICES

1- When selling tax-free goods, the entity must issue an invoice to the customer. The invoice shall be issued by the Ministry of Finance or a special invoice approved for use by the State Tax Administration under the Ministry of Finance.

2- Special invoices of entities must reflect the following indicators: customer name, item name, quantity, unit price, total amount; Total amount, and the invoice must have at least two copies.

Copy 1: For record

Copy 2: Given to the customer.

For computer-printed invoices, the retained copies of the invoices must be bound into books, with each book containing fifty consecutive numbers.

III- PROVISIONS ON MANAGEMENT AND USE OF STAMPS AND TAX-FREE SALES INVOICES
FOR TAX-FREE SALES

1- Registration, printing, issuance, management, and use of tax-free sales stamps and tax-free sales invoices shall be carried out in accordance with the provisions set forth in the Invoice Management and Usage Regulations issued together with Decision No. 54 TC/TCT dated February 20, 1991, and the Stamp Management Regulations for Taxes issued together with Decision No. 529 TC/QD dated December 22, 1992, by the Ministry of Finance.

2- After the State Tax Administration approves the sample of tax-free sales stamps and special invoices, enterprises must register the samples and quantities used with the provincial or municipal tax bureaus (where the enterprise is permitted to operate tax-free stores), and simultaneously, they must fully report on the use of tax-free sales stamps and invoices monthly in accordance with the current regulations of the Ministry of Finance.

IV- Regarding tax systems, declaration procedures for tax payment settlement and other financial accounting systems shall be implemented according to current regulations. 

V. IMPLEMENTATION

The General Department of Taxation is responsible for coordinating with relevant departments to inspect and guide entities operating tax-free stores to implement this Circular. This Circular takes effect from April 8, 1996.

During the implementation process, if there are any difficulties, localities, sectors, and units are requested to report them to the Ministry of Finance for prompt resolution.