Penalties for erroneous VAT receipts

Under an official letter issued on August 8 by the General Department of Taxation, if businesses write down the dates late on invoices, they will be penalised for misreporting accounting vouchers. If writing down the date late on invoices results in the acts of tax evasion, businesses will be penalised for evading payable tax.
[Official Letter 2656/TCT-PCCS dated August 8, 2005]

 

Category: Legal