Deleting one part of Circular 219/2013 / TT-BTC on VAT.

Deleting one part of Circular 219/2013 / TT-BTC on VAT.

This is the main content in Circular 82/2018 / TT-BTC issued by Ministry of Finance on 30/8/2018. Accordingly, the content of Example specified in Clause a.4, Clause 10, Article 7 of Circular No. 219/2013 / TT-BTC on the VAT calculation price of December 31, 2013, is hereby annulled as follows.

Example: In August 2013, Company A transferred 200 m2 of land of individual B in Binh An residential area of ​​X with the transfer price of 6 billion VND. Company A has a notarized land use right transfer contract in accordance with the provisions of the land law, payment voucher for individual B of  6 billion VND. Company A does not invest in this land.

In October 2014, Company A transferred the parcel of land purchased from individual B for 9 billion VND (sold at the price of 9 billion VND). Company A made a VAT invoice and declared and paid VAT. The land price to be subtracted from the VAT calculation price is the land price at the time of transfer (6 billion VND).

Other contents specified at Point a.4, Clause 10, Article 7 of Circular No. 219/2013 / TT-BTC dated December 31, 2013 of the Ministry of Finance shall continue to be implemented. Circular No. 82/2018 / TT-BTC takes effect from October 15, 2018.