Recently, the Government has issued Decree 102/2021/ND-CP amending and supplementing some articles of the Decrees on penalties for administrative violations in the field of taxes and invoices; custom; insurance business, lottery business…
In which, compared to Decree 125/2020, this new Decree has added the following provisions:
3. A fine ranging from VND 4,000,000 to VND 8,000,000 shall be imposed for one of the following acts:
c) Losing, burning, or damaging invoices already made but not yet declared;
The involved parties must make a record of the loss, fire, or damage of the invoice.
From 01/01/2022 (the effective time of Decree 102/2021), organizations and individuals that have acts of losing, burning, or damaging invoices that have been made but have not yet declared tax will be fined from 4 to 8 million VND. At the same time, related parties must make a report of the loss, fire, or damage of the invoice.
In addition, Decree 102/2021 also amends the statute of limitations for administrative sanctioning of invoices to be 02 years (previously, the statute of limitations for administrative sanctions for invoices was one year).
Also according to Decree 102/2021, taxpayers who suffer damage in case of force majeure will be exempted or reduced from fines for administrative violations on taxes and invoices. Accordingly, documents proving the value of damaged property and goods and the insured and indemnified value include:
– A record of inventory and determination of the value of material damage made by the taxpayer or the taxpayer's legal representative;
– The original or certified true copy of the following papers:
+ The record of determining the value of material damage of the organization with the function of valuation according to the provisions of law;
+ Dossier of compensation for material damage accepted by the insurance agency for compensation according to regulations;
+ Records of compensation liability of organizations and individuals that must compensate according to regulations.
Collected from the source
Linh Trang