Conditions for electricity and water bills and VAT to be tax deductible for businesses
Is the utility invoice in the landlord’s name included in the cost ? Does the utility invoice in the landlord’s name deduct input VAT?
According to Clause 15, Article 14 of Circular 219/2013/TT-BTC, effective on December 31, 2013 from January 1, 2014 stipulates:“15. Business establishments are not allowed to deduct input VAT in the following cases:
The VAT invoice is not used in accordance with the provisions of law.
Invoices do not record or incorrectly record one of the following criteria:– Name of the seller
– Address of the seller
– Tax code of the seller
Invoices do not include or incorrectly record one of the items such as name, address, tax code of the buyer. Therefore, the buyer cannot be identified (Except for the case guided in Clause 12 of this Article);
Fake VAT invoices and receipts, erased invoices, fake invoices (no service goods attached);
Invoices with incorrect value of goods or services purchased, sold or exchanged.
Note: the company has signed a rental contract with the landlord—————————————————————————————-
Conclude:– The entire amount of VAT will be charged directly to the cost
– VAT levied on the object of being the owner of the business to pay on behalf of only the expenses that are not VAT deductible
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𝐀𝐝𝐝𝐫𝐞𝐬𝐬:
Office: 19 Doan Khue, Hoa Cuong Bac Ward, Hai Chau District, Da Nang city, Viet Nam
𝐇𝐨𝐭𝐥𝐢𝐧𝐞 : 0985948553 (Ms. Melia) – 0905693638 (Mr. Neil)