Enterprises should pay attention to VAT refund regulations in Vietnam so as not to be penalized for late payment

Enterprises should pay attention to VAT refund regulations in Vietnam so as not to be penalized for late payment

If enterprises do not follow the principle of late payment penalty, the enterprises will abuse the value-added tax refund (VAT) until being forced to re-pay. Recently, the Vietnam Association of Seafood Exporters and Producers (VASEP) reflected that enterprises exporting seafood products are entitled to VAT refund. However, after a while, because for some reason, the…

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