VAT applicable to cable transportation

07-Jan-2007 Intellasia | 01-SEP-2003 01/Sep/2003 | 2:11 PM Print This Post

Cable transportation is subject to a VAT rate of 5%. In case where the enterprise has declared and calculated VAT at the rate of 10% with respect to such activity, the VAT rate shall not be re-adjusted. (According to Official Letter 9097 TC/TCT dated September 1, 2003 of MOF)

[Sao Viet Legal Consultants]

 


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