Binh Duong Tax Bureau has just sent documents to enterprises and business to instruct VAT invoice granting to goods, products, and services being promoted and advertised in line with Circular No. 129/2008/TT-BTC of Finance Ministry dated on December 26th, 2008.

 

Accordingly, goods, products and services being promoted and advertised and prototyped must observe legal requirements of trade promotion by forming invoice with name and quantity of product subscribed as advertisement, promotion, or prototype with the VAT line being crossed out.

 

As for regulation of Decree No. 37/2006/ND-CP of the government dated on April 4th, 2006, the prices included must be net price of the products.

Those enterprises failing to follow the regulation of the mentioned Decree No. 37 will include the VAT for the goods and products.

Reported by Thanh Hong – Translated by Vi Bao