- Tax deductible input value added tax (VAT) is determined by the principles outlined in Circular No. 219/2013/TT-BTC.
- VAT input for goods and services used for production and business activities subject to VAT can be fully deducted.
- VAT input for goods and services used for both taxable and non-taxable activities can only be deducted for the taxable portion.
- VAT input for goods and services used for activities such as humanitarian aid or oil and gas exploration may be fully deducted.
- VAT input for goods and services used for non-taxable activities as per Circular No. 219/2013/TT-BTC cannot be deducted, except for specific cases outlined in the circular.
Source: baochinhphu.vn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
