Warning about risks of using electronic invoices

In order to detect violations of electronic invoices (E-invoices), the tax sector has deployed many professional measures, including using information technology to analyze data and warn of risks through E-invoice issuance warning applications.

Detect abnormalities

The General Department of Taxation said that the electronic invoice issuance warning application helps tax authorities monitor unusual signs and detect behaviors that may lead to tax fraud. Tax. The subjects warned are mainly enterprises and business households that have registered to use electronic invoices and the value of goods and services sold exceeds the value of purchased goods and services (including the value of inventory, imported goods and the purchase value on the electronic invoice).

Over the implementation period, this application has significantly supported tax authorities at all levels in making assessments of taxpayers with many signs of suspected fraud when using electronic invoices for inspection and examination through the review and handling by tax officials of the list of taxpayers subject to warning.

Unusual signs of businesses and business households such as: Selling goods without recording actual inventory; issuing electronic invoices with the value of goods sold being too large compared to the existing goods; issuing electronic invoices with revenue from industries other than the registered business lines of the business... have been promptly detected by tax authorities. Thereby, helping the tax sector prevent acts of issuing fake electronic invoices or legalizing illegal transactions.

Tax officers monitor unusual signs in the issuance of electronic invoices by businesses and business households. Photo: HUY HUNG

The General Department of Taxation recommends and requires businesses and business households to comply with current regulations on issuing electronic invoices, ensuring that they accurately reflect the value and time of goods and service transactions. Penalties for being found using illegal electronic invoices include: First, businesses and business households may be subject to administrative penalties if they are found using fake or illegal invoices. The specific penalty level depends on the level of violation and the value of the fraud as specifically stipulated in current legal documents. In some serious cases, businesses and business households may have their business operations temporarily or permanently suspended, causing great financial and reputational damage.

More seriously, if the act of buying and selling electronic invoices for tax fraud purposes is discovered, those involved may be prosecuted. This will result in businesses and business households losing their reputation and affecting their ability to do business and raise capital. Commercial banks and partners will refuse to provide capital or stop cooperating with these businesses and business households that violate the law.

Update taxpayer data

The General Department of Taxation notes that currently, risk analysis and warnings using information technology are performed automatically based on the available taxpayer database on the tax system. Therefore, the warnings issued by the system may not be completely consistent with the business reality of some enterprises and business households. Therefore, enterprises and business households need to check and accurately update their main business lines on the tax system.

If there is a change in business lines, businesses and business households need to carry out update procedures with the tax authorities and business registration authorities, which helps the system calculate the warning coefficient accurately. Regarding accurate inventory management, businesses and business households must ensure that inventory data is always updated regularly and accurately. Loose management or mismatch between inventory and declared data can easily lead to warnings on the use of electronic invoices, and can be handled for violations of regulations. If receiving warnings from tax authorities as well as requests for explanations according to regulations, businesses and business households need to immediately provide documents proving the transparency of their business.

According to experts, the tax sector's implementation of the application of electronic invoice issuance warnings has proven its effectiveness in practical application to manage and detect signs of risks in the use of electronic invoices. This is also the basis for businesses and business households to rely on to review transactions of purchase and sale of goods and the use of electronic invoices at their units. Therefore, businesses and business households need to clearly understand and comply with related regulations such as: Accurately updating business registration information, strictly managing inventory and sales... to avoid falling into the situation of being warned by tax authorities, leading to loss of time explaining and effort to overcome.

Source: https://baolangson.vn/canh-bao-rui-ro-su-dung-hoa-don-dien-tu-5031262.html