The tax authorities in Hanoi will issue an official letter 5309 / CT-TTHT on VAT invoice handling on February 16, 2017, when the seller warrants the product to the purchaser and exchanges products due to defects did.
- When exchanging for a new product, the seller must issue a new VAT invoice
and pay VAT. Purchasers need to post purchase VAT.
- The buyer needs to issue a VAT invoice when returning to the seller.
It is necessary for the VAT invoice to clearly describe its contents as
specified. (Price, quantity, return reason etc)
- If the purchaser is an individual and is unable to issue a VAT invoice,
it is necessary for the seller and purchaser to prepare a document stating
about product information (kind of product, price, VAT amount, return reason
etc.). Sellers need to modify the contents of previously issued VAT invoices.
- If the purchaser has to pay an additional VAT for the exchanged product,
the seller will need to issue a VAT invoice same as a regular transaction
and pay VAT.