Provincial Treasury's expense for VAT refund is VND11,330 billion

According to report of Binh Duong State Treasury on task implementation over the first 6 months this year, by the end of June 30, total amount of value-added tax refund for organizations and units was 11,330 billion VND, an increase of 35.25% over the same period last year.

It is known that this is the value-added tax refund amount paid by tax refund decision transferred by the tax authority and was settled by the Treasury in accordance with law. During the first 6 months, provincial State Treasury cooperated well with collecting agencies to focus on settling value-added tax refund payments for organizations and units in a timely manner, providing additional resource to overcome difficulties caused by the epidemic.

Reported by Thanh Hong - Translated by Ngoc Huynh