Businesses are allowed to choose to apply electronic invoices generated from cash registers.

In case of registering to use electronic invoices before June 1, it is not mandatory to use invoices from cash registers. Enterprises can choose to continue using registered electronic invoices, or switch to applying electronic invoices generated from cash registers according to the provisions of Decree 70.

The Tax Department ( Ministry of Finance ) has just issued an urgent dispatch requesting the implementation of Circular 31 and Circular 32 signed by the Minister of Finance on May 31, stipulating many contents related to the use of electronic invoices in production and business activities.

The dispatch clearly stated the requirement for tax authorities to disseminate, propagate and fully prepare conditions for implementation, emphasizing the content of supporting taxpayers to implement electronic invoices (E-invoices) generated from cash registers - one of the important new points of Circular No. 32.

It is not mandatory to use invoices from cash registers for cases that have registered to use electronic invoices before June 1 (Illustration: KT)

Notably, according to Circular 32, in case of registration to use electronic invoices before June 1, it is not required to use invoices from cash registers. Enterprises can choose to continue using registered electronic invoices, or switch to applying electronic invoices generated from cash registers according to the provisions of Decree 70.

Business households and individuals who pay taxes using the lump-sum method and have registered and used electronic invoices generated from cash registers before June 1 will continue to use invoices generated from cash registers registered with the tax authority.

Also according to Circular 32, taxpayers who are using electronic invoices without codes, but are considered to have high tax risks according to the tax authority's assessment, must switch to using electronic invoices with codes.

Notification of conversion will be sent according to Form No. 01/TB-KTT issued with Decree 70. After receiving the notification, the business household must make the conversion within 10 working days.

The new Circular also stipulates the application of electronic invoices in some cases of selling goods and providing other services in large quantities, arising regularly, requiring time to reconcile data between enterprises selling goods, providing services and customers, partners who are invoiced according to regulations, including: derivative products according to the provisions of the law on credit institutions, the law on securities and the law on commerce, the provisions of the law on value added tax, industrial catering services, goods exchange services, credit information services, passenger transport business services by taxi (for customers who are enterprises and organizations).

Financial leasing organizations leasing assets subject to value added tax must issue invoices according to regulations.

In addition, in the urgent dispatch, the Tax Department also noted that from June 1, organizations declaring personal income tax must stop using electronic personal income tax deduction documents that were implemented according to previous regulations and switch to applying electronic personal income tax deduction documents according to the provisions of Decree 70.

Source: https://baohungyen.vn/doanh-nghiep-duoc-lua-chon-ap-dung-hoa-don-e-den-tu-khoi-tao-tu-may-tinh-tien-3181560.html