Official Letter No. 2721/CTBDU-TTHT dated February 27, 2025, from the Binh Duong Tax Department on Value Added Tax (VAT) for On-the-Spot Exports

In cases where the company sells goods under a contract with a foreign partner that does not have a presence in Vietnam and is designated to deliver the goods to an enterprise in Vietnam, this is considered an on-the-spot export case. If the goods are to be transported to the border gate or to the location for export procedures, the enterprise should use an internal transport and warehouse transfer voucher in accordance with Clause 14, Article 10 of Decree No. 123/2020/ND-CP.

After completing the export procedures, the company will issue a VAT invoice for the exported goods, with the following details:

• Buyer’s Name: The name of the foreign buyer.
• Name of the Goods Purchasing Entity: The name of the receiving enterprise.
• Delivery Location: The delivery location in Vietnam (according to the contract).
• Tax Code: Leave blank.

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