Official Letter No. 2221/GLA-QLDN1 dated November 26, 2025 issued by the Gia Lai Tax Department regarding the deduction of VAT for goods and services that are past due for payment:

by KMC Consulting Company Limited

  • Pursuant to Point b Clause 2 Article 14 of the Law on Value Added Tax No. 48/2024/QH15 dated November 26, 2024 of the National Assembly;
  • Pursuant to Point g Clause 2 Article 26 of Decree No. 181/2025/ND-CP dated July 1, 2025 of the Government;

Based on the above provisions, in cases of goods and services purchased on deferred payment or installment basis with a value of VND 5,000,000 or more, if at the time of payment under the contract the Company does not have a non-cash payment voucher, the Company must declare and adjust a reduction in the deductible input Value Added Tax deductible for the portion of the goods and services value for which there is no non-cash payment voucher in the tax period in which the payment obligation arises under the contract.

For more detailed information about this or related Tax Advisory, please don't hesitate to contact us.
Website: https://kmc.vn/
Hotline: +84 81 489 4789 or +84 91 988 9331
Email: info@kmc.vn