Decree 125/2020/ND-CP issued on October 19, 2020 stipulates administrative sanctions for violations of tax and invoice regulations. Accordingly, the Decree clearly states 10 common invoice errors, penalties and remedial measures.
>> Officially issued Decree 125/2020/ND-CP on administrative sanctions for tax and invoice violations
>> Officially issued Circular 68/2019/TT-BTC guiding Decree 119/2018/ND-CP on electronic invoices
>> What is an electronic invoice? 6 things businesses NEED TO KNOW
Table of Contents Hide
Violation of regulations on printed invoices
2. Violations of regulations on printing printed invoices in Decree 125/2020/ND-CP
3. Error in giving or selling invoices purchased from tax authorities but not yet created
4. Error in using invoices before creating invoice issuance notice and sending it to the tax authority
5. Errors in invoicing when selling goods and services in Decree 125/2020/ND-CP
6. Errors in losing, burning, or belgium telegram data damaging invoices
7. Violations of regulations on cancellation and destruction of invoices
8. Errors in using illegal invoices or using invoices illegally
9. Violations of regulations on making, sending notifications and reports on invoices
10. Error in slow transfer of electronic invoice data when using uncoded invoices
Violation of regulations on printed invoices
– A fine of VND 500,000 to VND 1,500,000 shall be what functions does the knowledge payment system have? imposed for the act of not signing a written printing contract or organizing the printing of invoices for use without a decision to print shopping data invoices from the representative as prescribed by law.
– A fine of VND 2,000,000 to VND 4,000,000 shall be imposed for the act of ordering printed invoices when the tax authority has issued a written notice that the conditions for ordering printed invoices are not met, except in cases where the tax authority does not have a written opinion upon receiving the request to use printed invoices.
the printing of duplicate numbers of the same invoice symbol
=> Remedial measures: Forced cancellation of invoices for specified acts
2. Violations of regulations on printing printed invoices in Decree 125/2020/ND-CP
– Warning penalty for one of the following acts: Reporting on receipt of invoice printing past the prescribed deadline from 01 to 05 days, reporting on receipt of invoice printing past the prescribed deadline from 06 to 10 days.
– A fine of 500,000 VND to 1,500,000 VND for printing invoices without signing a written printing contract.
– A fine of VND 2,000,000 to VND 4,000,000 shall
be imposed for reporting the printing of invoices beyond the prescribed time limit of 06 days or more, from the date of expiration of the prescribed time limit, except for the case specified in Point b, Clause 1 of this Article.
– A fine of VND 4,000,000 to VND 8,000,000 shall be imposed for failing to destroy damaged or excess printed products when liquidating a printing contract.
– A fine of 6,000,000 VND to 18,000,000 VND for one of the following acts: Receiving printed invoices when not meeting the conditions for printing invoices; Not declaring the loss of invoices before delivering them to customers.