📌 Missed the payment deadline?
You might not be able to claim VAT refunds in Vietnam!
👉 https://manabox-global.com/2025/01/overduevat/
At Manabox, we aim to make accounting and tax fun and engaging!—even when it comes to tricky VAT issues.
A new clarification by the General Department of Taxation (Official Letter No. 257/TCT-CS, issued in Jan 2024) confirms:
📍 If you pay after the contractual deadline, your purchase may no longer qualify for VAT refund or deduction.
📌 For example:
Payment due: May 31
Paid on: June 3
👉 The VAT might no longer be refundable!
🧾 In this article, we explain:
✅ What’s written in Official Letter 257/TCT-CS
✅ The legal basis under the VAT Law & Decree 209
✅ How previous rulings (e.g. 1634/TCT-CS, 28/TCT-CS) offered more flexibility
✅ When late payments still might be accepted—especially after audits
💡 This is not a new rule, but a strict interpretation of existing regulations.
It’s a serious reminder to carefully manage payment deadlines and documentation.
👇 Read the full analysis here:
https://manabox-global.com/2025/01/overduevat/