The tax authority has a system for monitoring incoming and outgoing invoices.

According to an announcement on the Ho Chi Minh City Tax Department's website, the tax authorities have implemented the electronic invoice (e-invoice) warning function starting from April 15, 2024, for sellers and from May 15, 2024, for buyers.

The e-invoice warning function is built into the e-invoice management application to review the list of taxpayers at risk of invoice issues through the K value (where the K value in the system is greater than the default K value) and automatically sends daily warnings to businesses, organizations, and individuals.

The warning function for using electronic invoices on the Electricity Bill Management System automatically synchronizes 2022, 2023, and 2024 data from operational applications into the electronic invoice application, including Tax Registration data. , Financial statements, VAT declaration, declaration 01/CNKD; Automatically create a warning list of taxpayers under supervision whose system K coefficient is greater than the default K coefficient.

- System K coefficient is the value calculated by the application based on the total value of goods and services sold on the invoice divided by the value of inventory in the previous period and the total value of purchased goods (including the total value of purchased goods). value of imported goods).

- The default K coefficient is the warning threshold determined and updated by the General Department of Taxation in the application according to each period and the main business line of the taxpayer.

The tax authority only uses one email address, hoadondientu.gdt.gov.vn, to send invoice warning information to both the seller and the buyer.

For the seller, when receiving a warning on the invoice risk list, it is necessary to contact the tax authority to explain the K coefficient, specifically to explain the difference between the value of the goods sold and the value of the goods sold. value of purchased goods, including inventory value.

On the contrary, the buyer, when receiving a warning about a risky purchase invoice, needs to proactively review and coordinate with the seller to review and handle the warned invoice by the provisions of the law. Tax laws, invoices.

Website of Tax Department - General Department of Taxation - Ministry of Finance - Article details (gdt.gov.vn)

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