Successfully spreading the program "Lucky Invoices"

VCN - The program "Lucky invoices" is being implemented by tax departments across the country to build civilized consumption. Buying and selling goods must have legal invoices and documents, protecting the interests of consumers.
Many tricks are used to fraud VAT refund Many tricks are used to fraud VAT refund
Digital transformation is a Digital transformation is a "leverage" to lift the tax simplicity and convenience
E-invoice data processing system with the tax authority's code generated from cash register upgraded E-invoice data processing system with the tax authority's code generated from cash register upgraded
Successfully spreading the program

The Supervisory Board supervises the clicking of the button to select the winning number. Photo: Hanoi Tax Department

46/63 tax department successfully organized

On August 29, 2022, the General Department of Taxation sent an official dispatch to tax departments of provinces and municipalities requesting the expansion of the program "Lucky invoices". Following the direction, local tax departments have simultaneously sent an open letter to taxpayers, instructing people when buying goods to get invoices to participate in the "Lucky Invoice" prize program organized by the tax office.

According to information received by the General Department of Taxation, 46/63 tax departments have successfully organized the program to select "Lucky invoices".

lAccording to the provisions of Article 90 of the Law on Tax Administration 2019, when selling goods or providing services, the seller must issue an electronic invoice to deliver to the buyer.
Mai Son, Director of the Hanoi Tax Department, said that currently, 100% of taxpayers in Hanoi have used e-invoices, with about 245 million invoices issued in the 9 months of 2022. The issued e-invoices are mainly issued to businesses, households, business individuals or individuals who need to account and provide payment documents. In fact, people nowadays do not have the habit of taking bills when going to buy goods, especially consumer goods. This firstly affects buyers' interests, creating legal risks, complaints and lawsuits; it directly affects the management of the tax authorities, which can cause state budget losses.

Facing this fact, Hanoi Tax Department soon implemented the program "Lucky invoices". On October 25, the unit organized a program to choose lucky invoices for valid invoices arising in the second quarter of 2022. As a result, 19 invoices out of nearly 170,000 eligible e-invoices in the second quarter of 2022 were lucky to win.

Mr Nguyen The Hiep, Deputy Director of the Hanoi Department of Industry and Trade, Chairman of the Supervisory Council, said that Hanoi Tax Department randomly selected the selection of lucky invoices made on the lucky invoice software witnessed by the Supervisory Board, thus ensuring objectivity, transparency and fairness.

Similar to Hanoi Tax Department, Bac Giang Tax Department has also successfully organized the program "Lucky invoices" in the area's 2nd and 3rd quarters of 2022. On the basis of invoice data of the second quarter of 2022 (5,660/9,502 of eligible invoices) and the data of invoices of the third quarter of 2022 (17,616/25,249 of eligible invoices), Bac Giang Tax Department used the randomly selected method by electronic screening on the data system for all e-invoices with the tax authority's code. The Bac Giang Tax Department also announces the prize structure: every quarter there will be 15 lucky invoices awarded with a total prize of 30 million VND. Including 1 first prize worth 5 million VND; 3 Second prizes worth 3 million VND/prize; 5 Third prizes worth 2 million VND/prize; 6 Consolation prizes worth 1 million VND/prize.

According to Mr Le Ba Ngoc, Director of Bac Giang Tax Department, implementing the "Lucky Invoice" program on the database of e-invoices with the tax authority's code encourages consumers to have the habit of taking invoices. Electronic invoices when buying goods and services, as well as building civilized consumption, buying and selling goods must have legal invoices and documents, thereby protecting the interests of consumers to the fullest.

Continue to deploy e-invoice software

According to the provisions of Article 90 of the Law on Tax Administration 2019, when selling goods or providing services, the seller must issue an electronic invoice to deliver to the buyer. However, there are only some cases where an invoice is required to account for costs and transport goods on the way to get the invoice, while the rest are in the field of providing goods and services directly to consumers, such as commercial centres, supermarkets, retailing of consumer goods; catering, restaurant, hotel; retail pharmacy; entertainment services and other services, the situation that consumers do not take bills is common.

According to many experts, the habit of consuming in cash, not paying through banks, and buyers without receipts make it very difficult to manage sellers' revenues. The fact that the buyer does not take the invoice not only creates conditions for the seller to take advantage of tax evasion but also can directly affect the buyer when there is a dispute, after-sales, and proof of legal consumption. Therefore, the program "Lucky bills" is a very good solution to motivate consumers to get invoices today.

The General Department of Taxation has determined that the organization of the program "Lucky invoices" with e-invoices is an important component of a large project to centralize big data of e-invoices to the tax office to serve tax administration. In particular, implementing the "Lucky Invoices" program will be an important factor for consumers to exercise their right to monitor the tax obligations of businesses and sellers.

In the coming time, the Tax sector will continue to deploy e-invoice software to meet new policies on e-invoices, expand and build a gateway system to receive e-invoice data created from cash registers; build a database of electronic invoices and deploy solutions and tools for analyzing and synthesizing data for tax risk management.

At the same time, the Tax sector builds and deploys an integrated tax management system, focusing on meeting the re-engineering of professional processes based on modern architecture, applying new technologies in artificial intelligence and internet and big data, etc; developing and providing digital tax services for taxpayers, thereby, helping to improve the experience for people and businesses.

By Thuy Linh/Phương Linh

Related News

From January 1, 2025: 13 product codes increase export tax to 20%

From January 1, 2025: 13 product codes increase export tax to 20%

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.
Tax sector achieves revenue target of about VND1.7 million billion

Tax sector achieves revenue target of about VND1.7 million billion

VCN – Motivated by the revenue collection by the end of December 2024, the General Department of Taxation has accomplished the revenue collection.
Achievements in revenue collection are a premise for breakthroughs in 2025

Achievements in revenue collection are a premise for breakthroughs in 2025

VCN – Motivated by great efforts and effective implementation of solutions, as of December 10 the total State revenue from imports and exports saw a year-on-year increase of 13.8% to VND397,861 billion, meeting 106.1% of the estimate. The revenue us estimated to reach VND420,000 billion, meeting 112 % of the estimate, up 13.9% over the same period in 2023. The achievements in 2024 are a premise for a breakthrough in revenue collection in 2025.
Answering many questions from businesses at dialogue conference on tax and customs policies

Answering many questions from businesses at dialogue conference on tax and customs policies

VCN - Many opinions and recommendations related to tax and customs issues were raised by the business community at the dialogue on tax and customs policies and administrative procedures in 2024, organized by the Ministry of Finance.Representatives of the Ministry of Finance, the General Department of Taxation, and the General Department of Customs provided specific responses, and affirmed that they will continue to research and advise on the assessment, review, and amendment and supplementation of appropriate regulations.
Comment

Latest News

Personal income tax proposed for interest on some bank savings accounts

Personal income tax proposed for interest on some bank savings accounts

Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.
Banks set for aggressive bond issuance in 2025 to fuel growth

Banks set for aggressive bond issuance in 2025 to fuel growth

With a higher credit growth goal set by the SBV, banks are ramping up their efforts to secure funding through bond issuance.
Central bank cuts interest rate on bills for first time in 2025

Central bank cuts interest rate on bills for first time in 2025

According to data from the financial data provider Wichart, the SBV issued VNĐ19.6 trillion of bills in the past week. The interest rate on the bills decreased by 0.1 percentage point, from 4 per cent to 3.9 per cent on February 14.
Focusing on inspecting inventory of public assets at units with large and complex assets

Focusing on inspecting inventory of public assets at units with large and complex assets

VCN - According to Official Dispatch No. 1456/BTC-QLCS on inspecting the preparation and implementation of the General Inventory of Public Assets recently issued by the Ministry of Finance, the inspection of the inventory of public assets focuses on units with large asset scale and large number of inventory items, complex assets, and slow implementation progress.

More News

The government seeks approval for revised GDP, CPI targets

The government seeks approval for revised GDP, CPI targets

VCN - The Government submitted to the National Assembly for consideration and comments on adjusting the target for the growth rate of gross domestic product (GDP) to 8% or more; the average growth rate of the consumer price index (CPI) to about 4.5-5%.
Fiscal, monetary policies support demand stimulation, price stabilisation

Fiscal, monetary policies support demand stimulation, price stabilisation

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people’s livelihoods.
Vietnam secures VND 157 billion from state enterprise divestment in 2024

Vietnam secures VND 157 billion from state enterprise divestment in 2024

VCN - The Ministry of Finance reported that in 2024, the divestment of state capital in 5 enterprises (F1) generated VND 157 billion from an initial value of VND 145 billion
Vietnam gears up for potential inflation impact in 2025

Vietnam gears up for potential inflation impact in 2025

VCN - For sound price management and inflation control, Deputy Prime Minister Ho Duc Phoc directed officials to vigilantly track both domestic and international market dynamics. The goal is to proactively develop flexible strategies and solutions, enabling a swift response to any emerging challenges.
VN’s credit conditions in 2025 expected to be stable

VN’s credit conditions in 2025 expected to be stable

The credit conditions for Việt Nam will stabilise in 2025, after improving substantially over the past year, the rating agency VIS is forcasts.
State revenue in first month of the year equal to 14% of the estimate

State revenue in first month of the year equal to 14% of the estimate

VCN - According to the Ministry of Finance, in January - the first month of 2025, the total state budget revenue is estimated at VND275.9 trillion, equal to 14% of the estimate; meanwhile, the total state budget expenditure is estimated at VND134.4 trillion.
Securities 2025 expects a breakthrough in scale and quality

Securities 2025 expects a breakthrough in scale and quality

VCN – The positive factors inherent in the macro economy and the Vietnamese stock market will continue to create the foundation for the market to maintain stability, good liquidity, and growth in both scale and quality in the new year of At Ty 2025, Chairwoman of the State Securities Commission Vu Thi Chan Phuong said.
Cash reserves in stock accounts at six-quarter low amid margin rise

Cash reserves in stock accounts at six-quarter low amid margin rise

These funds are readily available in investor accounts, but remained undeployed as of the year-end.
Five solutions for developing stock market in 2025

Five solutions for developing stock market in 2025

VCN - On February 5, 2025, at the Gong-beating ceremony to open the stock trading at the Ho Chi Minh City Stock Exchange (HOSE), Deputy Minister of Finance Nguyen Duc Chi introduced five solutions for comprehensive development of the stock market.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Personal income tax proposed for interest on some bank savings accounts

Personal income tax proposed for interest on some bank savings accounts

Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.
Banks set for aggressive bond issuance in 2025 to fuel growth

Banks set for aggressive bond issuance in 2025 to fuel growth

With a higher credit growth goal set by the SBV, banks are ramping up their efforts to secure funding through bond issuance.
Central bank cuts interest rate on bills for first time in 2025

Central bank cuts interest rate on bills for first time in 2025

According to data from the financial data provider Wichart, the SBV issued VNĐ19.6 trillion of bills in the past week. The interest rate on the bills decreased by 0.1 percentage point, from 4 per cent to 3.9 per cent on February 14.
Focusing on inspecting inventory of public assets at units with large and complex assets

Focusing on inspecting inventory of public assets at units with large and complex assets

VCN - According to Official Dispatch No. 1456/BTC-QLCS on inspecting the preparation and implementation of the General Inventory of Public Assets recently issued by the Ministry of Finance, the inspection of the inventory of public assets focuses on units
The government seeks approval for revised GDP, CPI targets

The government seeks approval for revised GDP, CPI targets

The Government submitted to the National Assembly for consideration and comments on adjusting the target for the growth rate of gross domestic product (GDP) to 8% or more
Mobile Version