Invoice Violations With a fine of over 10,000,000 In Decree 125/2020 / ND-CP

On October 19, 2020, Decree 125/2020 / ND-CP: Regulations on sanctioning of administrative violations of tax and invoices were issued, according to which the fine levels for each violation change. Tax Agent TASCO would like to inform you about the violations with a fine of over 10 million VND through the following article.

Invoice Violations With a fine of over 10,000,000 In Decree 125/2020 / ND-CP

1. Order printing invoices according to the form of issued invoices of other organizations or individuals or print the same number of the same invoice symbol.

• A fine ranging from VND 20,000,000 to VND 50,000,000.
• Force to cancel invoice.

2. Receiving printed invoices when not meeting the conditions for printing invoices.

• A fine of from 6,000,000 VND to 18,000,000 VND

3. Transfer all or any stage of the invoice printing contract to another printing establishment.

• A fine of from 10,000,000 VND to 20,000,000 VND

4. Do not report the loss of invoices before delivering to customers.

• A fine of from 6,000,000 VND to 18,000,000 VND.

5. Print invoices according to the form of issued invoices of other organizations or individuals or print the same number of the same invoice symbol.

• A fine ranging from VND 20,000,000 to VND 50,000,000.
• Suspension of invoice printing from 01 month to 03 months from the effective date of the sanctioning decision.
• Force to cancel printed products, invoices

6. Give and sell unpublished invoices

• A fine ranging from VND 15,000,000 to VND 45,000,000.
• Force to cancel the invoice and pay back illegal money collected.

7. Giving or selling pre-printed invoices of customers who order printing invoices to other organizations or individuals.

• A fine ranging from VND 15,000,000 to VND 45,000,000.
• Force to cancel the invoice and pay back illegal money collected.

8. Giving or selling invoices purchased from tax authorities but not yet issued.

• A fine ranging from VND 20,000,000 to VND 50,000,000.
• Force to cancel the invoice and pay back illegal money collected.

9. No notice of invoice issuance is made before invoices are put into use if these invoices are associated with arising economic operations and declared and paid taxes or have not yet reached the prescribed tax declaration and payment period.

• A fine of between VND 6,000,000 and VND 18,000,000 will be imposed and forced to carry out procedures for issuing invoices as prescribed.

10. Do not issue invoices when selling goods or providing services to buyers as prescribed.

• A fine of from VND 10,000,000 to VND 20,000,000 (except "No invoices for goods or services used for promotion, advertising, samples; goods or services used for giving or donation) , donating, exchanging, paying on behalf of workers' wages, except for internal circulation, for internal consumption to continue the production process ”).
• Force to issue invoices according to regulations when buyers request.

10. Illegal use of invoices, illegal use of invoices (Excluding the use of illegal invoices to record the value of purchased goods or services reduces the amount of tax payable or increases the quantity tax refund, tax exemption or reduction amount but when the tax authority detects that the buyer can prove that the fault belongs to the seller and the buyer has made full accounting records and use case for the purpose of reducing the amount payable tax or increase refundable tax, tax exemption or reduction).

• A fine of between 20,000,000 and 50,000,000 and forced to cancel used invoices

11. A fine of from 5,000,000 to 15,000,000 shall be imposed

• Submit notices and reports on invoices 91 days or more behind schedule from the date of expiration of the prescribed time limit.

12. A fine of between 5,000,000 and 15,000,000 and forced to make, send notices and reports on invoices.

• Do not submit notices or reports on invoices to tax authorities as prescribed.

13. A fine of between VND 10,000,000 and 20,000,000 shall be imposed

• Transfer e-invoice data to the tax authority 11 working days or more behind schedule, from the deadline date as prescribed.

 14. A fine of between VND 10,000,000 and 20,000,000 shall be imposed and forced to transfer e-invoice data to the tax authority

• Do not transfer e-invoice data to tax authorities within the prescribed time limit.