Conditions for deducting and refunding input VAT on exported goods and services

Hi DMS Law office in Vietnam! Could you advise me on conditions for deducting and refunding input VAT on exported goods and services ?

Hi!

Conditions for deducting and refunding input VAT on exported goods and services in Vietnam:

Input VAT on goods and services (except for cases mentioned in Article 17 of this Circular) shall only be deducted and refunded if the conditions and procedures mentioned in Clause 2 Article 9 and Clause 1 Article 15 of this Circular.

Summary of specific conditions:

Have an agreement on the purchase of goods, services, or agreement on goods processing for foreign organizations, foreign individuals;

Have a customs declaration form for exported goods if customs procedure has been completed in accordance with instructions of the Ministry of Finance;

If the taxpayer exports software programs in the form of physical packages, the customs declaration must be made similarly to ordinary goods in order to deduct input VAT;

The customs declaration is not required in the following cases:     

A business establishment that exports software, services via electronic means is not required to have a customs declaration form. The business establishment must carry out procedures to confirm that the buyers have received the services, software exported via the via electronic means according to law on e-commerce.

The construction or installation executed overseas or in free trade zones.

Supply of electricity, water, stationery, and goods serving every day life of export processing companies, comprising of foods, consumables (including personal protective equipments).

Payments for exported goods and services must be made by bank transfers.

Legal basis: Article 16 Article 15 Circular No.14/VBHN-BTC dated May 09, 2018

Related topics:

Differences in tax position of individual investors in Vietnam

Conditions for input VAT deduction

Consulting services:

Phone: 0914 165 703 or email: dmslawfirm@gmail.com

Conditions for deducting and refunding input VAT on exported goods and services in Vietnam