Excerpt from VnEconomy electronic magazine reporting on Official Dispatch No. 129/CD-TTg of the Prime Minister on strengthening the management and use of electronic invoices, especially focusing on strictly handling violations.
The telegram requests ministries, branches and localities to step up propaganda and support businesses in applying electronic invoices, especially in the retail and e-commerce sectors, especially for gasoline.
Let's find out with Bizzi in the article below!
Focus on reviewing, supporting and requiring application Electronic invoice generated from cash register in business areas?
According to information from the Telegram, Ministry of Finance focuses on applying electronic invoices in direct-to-consumer retail sectors, to strengthen tax management and create a transparent business environment.
Specifically, Priority areas include:
- Food service: Restaurants, eateries, cafes, bars, etc.
- Retail of goods at shopping malls: Booths and shops in shopping malls.
- Consumer goods retail stores: Supermarket, convenience store, grocery store, etc.
- Retail of petroleum: Retail gas stations and stores selling gasoline nationwide.
Besides, Official dispatch No. 129/CD-TTg also emphasizes tax management for e-commerce activities., a rapidly growing sector that poses many risks of tax evasion.
Why these areas are prioritized:
- Frequent, large volume transactions: These sectors have large and frequent transactions, creating a huge volume of paper invoices. Applying electronic invoices will help reduce the cost of printing, storing, and transporting invoices, while increasing management efficiency.
- Direct contact with consumers: Applying electronic invoices in these areas will contribute to raising awareness and encouraging consumers to request invoices when purchasing goods and services, thereby contributing to transparency in business activities and increasing budget revenue.
- Prevent tax fraud: Using electronic invoices generated from cash registers, directly connected to tax authorities, will minimize fraud, false revenue declaration, ensure correct, full and timely collection.
Rate of gas stations applying automatic connection of electronic invoices according to Official Dispatch 129/CD-TTg
According to Official Dispatch No. 129/CD-TTg, by March 2025 at the latest, the number of retail gasoline stores applying automatic connection solutions when issuing electronic invoices for each sale must reach the rate 100% Total number of retail stores nationwide.
To achieve this goal, the People's Committees of provinces and cities are required to:
- Directing the implementation of synchronous and effective solutions to support businesses and retail stores in implementing digital transformation, applying automatic connection solutions when issuing electronic invoices for each sale.
The application of automatic connection solutions when issuing electronic invoices for each sale is part of the Government's efforts to strengthen the management and use of electronic invoices, improve the efficiency of tax management for petroleum business activities, and contribute to creating a transparent and favorable business environment.
The Electronic invoice management solution mentioned in Official Dispatch No. 129/CD-TTg:
- Strengthening propaganda and raising awareness of compliance: The Ministry of Finance shall preside over and coordinate with ministries and branches to strengthen propaganda about the benefits, responsibilities and effectiveness of using electronic invoices, helping people and businesses raise awareness of compliance with tax laws.
- Support for applying electronic invoices generated from cash registers: The Ministry of Finance reviews, supports, and requires businesses, especially those in direct retail to consumers such as food services, retail goods, gasoline, etc. to apply electronic invoices generated from cash registers.
- Enhance connection, information and data exchange: The Ministry of Finance strengthens connection and information and data exchange with relevant ministries and branches, especially the Ministry of Public Security, to effectively manage taxes, especially for e-commerce, petroleum, and digital business activities.
- Strengthen inspection, examination and handling of violations: The Ministry of Finance will strengthen inspection and examination of the issuance and use of electronic invoices and strictly handle violations, especially in the issuance of electronic invoices at retail gasoline stores.
- Perfecting legal policies on managing e-commerce transactions: The Ministry of Industry and Trade shall preside over and coordinate with ministries and branches to research, review, amend and perfect legal policies on the management of transactions in e-commerce activities, facilitating tax management.
- Promoting the implementation of electronic invoices in petroleum business: The Ministry of Industry and Trade directs petroleum businesses to strictly implement regulations on electronic invoices, especially in issuing electronic invoices at petroleum retail stores for customers for each sale.
- Connecting population data to detect and handle violations: The Ministry of Public Security is in charge of connecting population data with tax authorities to coordinate in detecting and strictly handling violations of not implementing electronic invoices.
- Strengthening inter-sectoral coordination and direction: People's Committees of provinces and cities shall strengthen the direction of departments and branches to closely coordinate with tax authorities in propaganda, inspection, examination, management and use of electronic invoices.
- Encourage consumers to get receipts: People's Committees of provinces and cities direct agencies and units to coordinate with tax authorities and the Vietnam Consumer Protection Association to encourage consumers to get invoices when purchasing goods and services.
- Promote the application of automatic connection solutions when issuing electronic invoices in petroleum business: The People's Committees of provinces and cities direct the implementation of synchronous and effective solutions to support businesses and retail stores of petroleum to carry out digital transformation and apply automatic connection solutions when issuing electronic invoices for each sale.
- Strengthening tax collection management for e-commerce activities: People's Committees of provinces and cities direct departments and branches to coordinate with tax authorities at all levels in tax collection management for e-commerce activities in the area.
Strengthening the management and use of electronic invoices is a necessary step in the context of a rapidly developing digital economy. The Prime Minister's Official Dispatch 129/CD-TTg demonstrates the Government's determination to promote national digital transformation, improve tax management efficiency, and create a transparent, equal, and favorable business environment.
The focus on direct-to-consumer retail sectors, especially petroleum and e-commerce, shows that the Government is prioritizing sectors that pose high risks of tax losses and have a direct impact on people's lives.
With the goal of 100% petrol stations applying automatic connection solutions when issuing electronic invoices by 2025, the Government expects to create a breakthrough in making business operations transparent, combating tax fraud, ensuring consumer rights and increasing budget revenue. The success of e-invoice implementation depends on close coordination between ministries, branches, localities, businesses and people.
In addition to strict measures to handle violations, propaganda and raising awareness of people and businesses about the benefits of electronic invoices also play an important role. Hopefully, with the joint efforts of the whole society, the application of electronic invoices will become increasingly effective, contributing to promoting sustainable socio-economic development.
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