Which group of objects can use e-invoices generated from cash registers?

VCN - To help taxpayers better understand electronic invoices (E-Invoices) created from cash registers connected to tax authorities so that they are no longer afraid to use them, Ms. Nguyen Thi Lan Anh, Director of The Tax Administration Department of Small and Medium Enterprises, Business Households and Individuals (General Department of Taxation) has shared more details about this content.
Implementing e-invoices generated from cash registers Implementing e-invoices generated from cash registers
Improving efficiency of using and managing e-invoices  in conditions of industrial revolution 4.0 Improving efficiency of using and managing e-invoices in conditions of industrial revolution 4.0
Enterprises interested in e-invoices Enterprises interested in e-invoices
Mrs.Nguyễn Thị Lan Anh
Mrs.Nguyen Thị Lan Anh

According to regulations, what groups of objects are allowed to use e-invoices generated from cash registers?

According to regulations, the groups of subjects allowed to use e-invoices generated from cash registers are enterprises and business households paying tax by the method of declaring business activities in the field of direct-to-consumer, including Group 1: Catering, restaurant and hotel business group; Group 2: Group of retail goods (commercial centres; supermarkets; retail of consumer goods); Group 3: Retail group of modern drugs; Group 4: Other services (entertainment services, road and bridge tickets, bus tickets, sightseeing tickets, tourism).

To use e-invoices generated from cash registers, which conditions will taxpayers have to meet, ma'am?

Enterprises and business households in direct-to-consumer fields using e-invoices with the tax authority's code or without the tax authority's code may choose to use the e-invoice generated from the cash register.

Enterprises and business households only need to have synchronous electronic equipment or a system of many electronic devices combined with information technology solutions with common functions such as cash register, store sales operations, sales data, creation of e-invoices with unique guaranteed code of the tax authority, transaction lookup, transaction report and be connected to transfer data to the tax authorities in a standard format by electronic means through service providers of receiving, transmitting and storing electronic data.

Thus, for the form of a cash register with the connection of transferring electronic data with the tax office, it can be the available computer form of the business household that can meet the invoice software installation at the request of the tax authority (not a new investment) or can invest in a new dedicated cash register with pre-installed invoice software of the Tax office.

The character range code of the tax authority on the e-invoice generated from the cash register consists of 23 characters according to the structure notified by the tax authority to the business or household when it is accepted to register for the use of the e-invoice generated from the cash-registers, in which there are 5 characters issued by the tax office in the form of self-generated from the e-invoice system of the tax agency to ensure uniqueness. In addition, the tax authority's code on the e-invoice generated from the cash register can be set up for many cash registers at one or more business locations and dependent units to ensure the uniqueness of each invoice.

So what is the responsibility of the seller when using the e-invoice created from the cash register connected to transfer electronic data with the tax agency, madam?

When using the e-invoice generated from the cash register connected to transfer electronic data with the tax office, the seller must be responsible for using the character range code issued by the tax authority when making the e-invoice. At the same time, the data must be transferred to the tax office within the same day through the service provider of receiving, transmitting and storing electronic data.

Madam, many consumers have the same question as to whether e-invoices created from cash registers are considered legal documents and can be used as a basis for payment with their agencies. Could you please share more details on this issue?

An e-invoice created from a cash register to be considered a legal document must have the same contents as other electronic invoices (invoice name, invoice symbol, invoice model number; invoice number; name, address, tax identification number of the seller; name, address, tax identification number of the buyer; name, a unit of measure, quantity, and unit price of goods and services; total amount excluding value-added tax, value-added tax, total value-added tax amount according to each tax rate, total value-added tax amount, total payment already included value-added tax; signature of seller, a signature of seller purchase; time of invoice; time of digital signature on e-invoice; tax authority's code on the invoice). However, the seller's digital signature is not compulsory.

According to regulations, expenditures for purchasing goods and services using invoices (copying invoices or looking up information from the electronic portal of the General Department of Taxation on invoices) are generated from the cash registers that are considered as an expenditure with sufficient legal invoices and documents when determining tax obligations.

Thank you ma'am!

By Thuy Linh/Phuong Linh

Related News

HCM City Customs refunds over VND 49 billion of VAT for foreign passengers

HCM City Customs refunds over VND 49 billion of VAT for foreign passengers

VCN – In the first half of 2024, HCM City Customs Department refunded over VND 49 billion for over 10,000 foreign passengers.
How does Asanzo Group Joint Stock Company evade taxes?

How does Asanzo Group Joint Stock Company evade taxes?

VCN – Asanzo Company failed to declare and pay special consumption tax; excluded in accounting books; and used illegal invoices to account for goods and input materials for tax evasion, HCM City Tax Authority said.
Extend the deadline for paying taxes and land rent in 2024

Extend the deadline for paying taxes and land rent in 2024

VCN - The Government has just issued Decree No. 64/2024/ND-CP dated June 17, 2024 extending the deadline for paying value added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent in 2024. This Decree takes effect from June 17, 2024 to December 31, 2024. After the extension period according to this Decree, the deadline for paying taxes and land rent will comply with current regulations.
Extend deadline for paying Special Consumption Tax on domestically produced and assembled cars

Extend deadline for paying Special Consumption Tax on domestically produced and assembled cars

VCN – The Government has issued Decree 65/2024/ND-CP dated June 17,2024 extending the deadline for paying Special Consumption Tax on domestically produced and assembled cars. The Decree takes effect from the date of signing until December 31, 2024.

Latest News

Savings of individual customers at banks hit record high

Savings of individual customers at banks hit record high

In spite of low interest rates, figures from the State Bank of Vietnam (SBV) released this week show deposits of individual customers increased by more than VNĐ39.7 trillion in April, to reach more than VNĐ6.7 quadrillion.
Managing fiscal policy has achieved many positive and comprehensive results

Managing fiscal policy has achieved many positive and comprehensive results

VCN - On July 15, the Ministry of Finance held an online conference to summarize state budget financial work in the first 6 months of the year, implementing tasks in the last 6 months of 2024. Minister of Finance Ho Duc Phoc attended and directed the conference. Also attending the Conference were Deputy Ministers of Finance, leaders of units under the Ministry of Finance.
Determine tools, policy for inflation control

Determine tools, policy for inflation control

VCN - According to economic expert Associate Professor, PhD. Ngo Tri Long (photo), former Director of the Price Market Research Institute (Ministry of Finance), inflation is an issue that needs special attention, especially related to the management of monetary policy, interest rates, increasing prices of goods and services...
The impact of wage increases on inflation will not be too significant

The impact of wage increases on inflation will not be too significant

VCN - Addressing concerns related to wage and price increases, Dr. Nguyen Duc Do, Vice Director of the Institute of Economics - Finance (Finance Academy), believes there are not many factors causing sudden price surges in the last 6 months of 2024. Therefore, it can be expected that the rate of price increases in the last 6 months will be comparable to that in the first 6 months of 2024.

More News

Imposing and raising special consumption tax contributing to change consumption behavior

Imposing and raising special consumption tax contributing to change consumption behavior

VCN - At the Workshop on Comments on Completing the Revised Law on Special Consumption Tax (SCT) organized by the Vietnam Confederation of Commerce and Industry (VCCI) on July 11, many experts and businesses contributed their opinions to clarify the importance and impact of the revised special consumption tax law, which emphasizes the addition of taxable areas or tax increases to change society's consumption behavior.
The local Finance sector is flexible and strict in managing budget revenues and expenditures

The local Finance sector is flexible and strict in managing budget revenues and expenditures

VCN - Although the forecast for the last 6 months of the year will still have many difficulties and challenges, the Finance sector in all localities expressed their determination to strive to achieve and exceed estimates, while strengthening the prevention of revenue loss and handling tax debt recovery, etc.
Finance industry excellently accomplishes financial and budget tasks in the first half of 2024: Minister Ho Duc Phoc

Finance industry excellently accomplishes financial and budget tasks in the first half of 2024: Minister Ho Duc Phoc

VCN - The Finance industry excellently accomplishes financial and budget tasks in the first half of 2024, said by Minister of Finance Ho Duc Phoc at the Online conference to review performance of financial and budget tasks in the first half of 2024 and set out tasks for the second half of the year.
Mobile Money users in Vietnam rise rapidly

Mobile Money users in Vietnam rise rapidly

The number of Mobile Money service users in Vietnam reached more than 8.8 million customers by the end of May, an increase of 3.3% over the same period last month.
Foreign service providers have paid VND4,039 billion of tax in the first half of 2024

Foreign service providers have paid VND4,039 billion of tax in the first half of 2024

VCN - In the first six months of 2024, there are 26 foreign service providers newly registered, declared and paid tax in Vietnam.
Continue to warn about forms of fraud against taxpayers

Continue to warn about forms of fraud against taxpayers

VCN - In response to the increasing prevalence of sophisticated scams targeting taxpayers, the General Department of Taxation (GDT) has issued directives to tax authorities nationwide to strengthen individual income tax management and provide warnings and preventive measures to help taxpayers remain vigilant and protect themselves from fraudulent activities.
Under amended law, it needs clarification on cooperation between commercial banks and insurance companies

Under amended law, it needs clarification on cooperation between commercial banks and insurance companies

VCN - Banks and insurance businesses have different understandings of the regulations in the Law on Credit Institutions 2024.
Corporate bond issuance soars in comparison to 2023

Corporate bond issuance soars in comparison to 2023

VCN - According to the Ministry of Finance, from the beginning of the year to June 21, 2024, 41 enterprises have issued private corporate bonds with a total value of VND 110.2 trillion.
Tax debt recovery is estimated to achieve VND 45,468 billion

Tax debt recovery is estimated to achieve VND 45,468 billion

VCN - In the first half of 2024, tax authority at all level has issued 16,859 notifications on temporary exit suspension and recovered VND918.7 billion of tax debt from 1,482 taxpayers.
Read More

Your care

Latest Most read
Savings of individual customers at banks hit record high

Savings of individual customers at banks hit record high

In spite of low interest rates, figures from the State Bank of Vietnam (SBV) released this week show deposits of individual customers increased by more than VNĐ39.7 trillion in April, to reach more than VNĐ6.7 quadrillion.
Managing fiscal policy has achieved many positive and comprehensive results

Managing fiscal policy has achieved many positive and comprehensive results

Ministry of Finance held an online conference to summarize state budget financial work in the first 6 months of the year, implementing tasks in the last 6 months of 2024.
Determine tools, policy for inflation control

Determine tools, policy for inflation control

Inflation is an issue that needs special attention, especially related to the management of monetary policy, interest rates, increasing prices of goods and services...
The impact of wage increases on inflation will not be too significant

The impact of wage increases on inflation will not be too significant

VCN - Addressing concerns related to wage and price increases, Dr. Nguyen Duc Do, Vice Director of the Institute of Economics - Finance (Finance Academy), believes there are not many factors causing sudden price surges in the last 6 months of 2024. Theref
Imposing and raising special consumption tax contributing to change consumption behavior

Imposing and raising special consumption tax contributing to change consumption behavior

Many experts and businesses contributed their opinions to clarify the importance and impact of the revised special consumption tax law
Mobile Version