Official Letter No. 883/CCTKV XVI-QLDN 2 dated April 2, 2025, issued by the Regional Tax Department XVI on tax policies states as follows

• In cases where the company provides commercial discounts to customers based on the economic contract signed between both parties, the taxable VAT price is the selling price after the commercial discount has been applied.
• If the commercial discount is based on the quantity or sales revenue of goods and services, the discount amount for goods already sold shall be adjusted on the invoice of the last purchase or the subsequent period.
• If the discount amount is determined at the end of the discount program (or period), an adjustment invoice must be issued along with a list detailing the invoices to be adjusted, the amount, and the adjusted tax. Based on the adjustment invoice, the seller and the buyer shall declare adjustments to their sales revenue, purchases, output VAT, and input VAT accordingly.

The company shall account for commercial discounts in accordance with the guidelines in Circular No. 200/2014/TT-BTC dated December 22, 2014, issued by the Ministry of Finance. The content recorded on invoices shall comply with the provisions of Clause 6, Article 10 of Decree No. 123/2020/ND-CP.

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