On 03/04/2019, the Ministry of Finance issued Circular No. 18/2019/TT-BTC regulating the abolishment of Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance guiding procedures extend the time limit for tax payment and value-added tax refund for imported machinery and equipment to create fixed assets of investment projects effective on 20/05/2019.
Accordingly, Circular No. 18/2019/TT-BTC has the following outstanding contents:
– Abolish all Circular No. 134/2014/TT-BTC dated 12/09/2014 of the Ministry of Finance guiding procedures for extending tax payment time limit and value-added tax refund for imported machinery and equipment password to create fixed assets of investment projects.
– For the application file for extension of value-added tax payment for importation according to the provisions of Circular No.134/2014/TT-BTC of 12/09/2014 of the Ministry of Finance, which the enterprise has submitted to the customs office Before the effective date of this Circular, customs offices shall continue to settle tax payment extension according to the provisions of Circular No. 134/2014/TT-BTC.
– For the application file for VAT refund in accordance with the Circular No. 134/2014/TT-BTC dated September 12, 2014 of the Ministry of Finance, the enterprise has submitted to the tax authority before this Circular enforceable, the tax authorities continue to resolve tax refunds in accordance with Circular 134/2014 / TT-BTC
Thus, Circular No. 18/2019/TT-BTC has abolished procedures for extending the time limit for payment of tax and value-added tax refund for imported machinery and equipment to create fixed assets of the first project.