Official Letter No. 1377/CTBDU-TTHT dated January 24, 2025, issued by the Binh Duong Tax Department regarding VAT reduction policies:

by KMC Consulting Company Limited

Suppose a company’s product industry code (as stipulated in Decision No. 43/2018/QĐ-TTg dated November 1, 2018, of the Prime Minister) is not listed in Appendix I, Appendix II, or Appendix III attached to Decree No. 180/2024/NĐ-CP dated December 31, 2024, of the Government. In that case, the company is eligible for VAT reduction following the provisions of this Decree.

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