28 July 2021
Binh Duong Tax Department issued Offical Letter 1122/CTBDU-TTHT dated 06 July 2021 onVAT imposed solar power project with the following content:
In case the company has an investment project to produce solar rooftops other than the province where it is headquartered, it must declare VAT at the place where the investment project is implemented. In case of not establishing the project management board or branch to manage the project, the Head Office shall temporarily declare and deduct VAT. After the project is established, the new unit completes the business registration and tax registration procedures, the Head Office will summarize the VAT related to the project to hand over to the newly established unit. In case of being subjected to VAT refund for investment projects, it must comply with the provisions of law and the law on electricity activities.
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