Circular no. 78/2021/TT-BTC guiding the implementation of the Law on tax Administration 2019 and Decree 123/2020/ND-CP

Circular no. 78/2021/TT-BTC issued on 17/09/2021 by the Ministry of Finance guiding the implementation of some articles of the Law on tax Administration date 13/06/2019, Decree no. 123/2020/ND-CP dated 19/10/2020 of The government on bills and vouchers. This circular takes effect from the date 01/07/2022.

1. Circular 78/2021/TT-BTC: guide implementation of the Law on tax Administration 2019 and Decree 123/2020/ND-CP on bills, vouchers

Type text	Circular
Numbers, symbols	78/2021/TT-BTC
Issuing agency	The ministry of Finance
Date issued	17/09/2021
Effective date and enforcement	01/07/2022
Signer	Deputy minister of Finance Tran Xuan Ha
Extracted	Guide to making a number of articles of the law on tax administration, march 13, march 6 2019, the decree of 123/2020/ND-CP dated 19 march 10, 2020, government regulations, bills, vouchers
Download legal documents	[Link download]

2. The main contents of the circular 78/2021/TT-BTC

2.1. Adjustment range object to apply

• Guide to some of the content about electronic invoicing, invoice paper, used receipts, vouchers, handle forward.
• Apply for the organizations and individuals in accordance with Article 2 of Decree no. 123/2020/ND-CP.

2.2. Commissioned electronic invoicing

Business and economic organizations can mandate for the Tuesday that relations link, eligible to use electronic invoice to invoice for goods and services. The authorization must be in writing, inform the tax when registering to use electronic invoices.

2.3. Sign denominator, sign the bill, the bill

Electronic invoice:

• Sign template electronic invoice number is a natural number from 1 to 6, reflects the type of electronic invoices.
• Sign electronic invoice includes 6 characters in which the first character is 'C' or 'K' (C: bill has a code of the tax authority; K: invoice no code), the two characters followed by the two last digits of the year invoicing, characters, fourth is a letter representing the type of invoice, the two characters end by the seller, defined according to management needs.

Bill by the tax authorities put in: Sign template, invoice number consists of 11 characters, expressing information about the invoice type, contact number, order number pattern in a kind of bill.

2.4. Switch apply the bill electronic code of the tax authority

Taxpayers who are using electronic invoice no code if there is a demand, or in the case of identified high risk of tax as prescribed in circular no. 31/2021/TT-BTC must be converted to adopt electronic invoicing have the code of the tax authority.

2.5. Apply electronic invoice for a number of other cases

Rules on the transfer of data electronic invoice no code was set to, the tax authority; applied electronic invoice for business, personal, business; processing electronic invoices contain errors.

2.6. Criteria for organizations and service provider of electronic invoice

• For organizations and solution providers of electronic bills: 's organization active in the field of information technology, have a minimum of 5 personnel qualifications university degree in information technology with the technical infrastructure to meet the requirements.
• For organizations that provide services received, transmission, data storage, electronic invoice: the organizations That have minimum 5 years of operation in the field of information technology, deposit, or have the bank guarantee worth no less than 5 billion, have a minimum of 20 personnel qualifications university degree in information technology with the technical infrastructure to meet the requirements.

Circular 78/2021/TT-BTC plays an important role in the detailed instructions, be specific about bills, vouchers, to ensure the implementation of the Law on tax Administration Decree 123/2020/ND-CP is consistency.

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