November 20, 2023 | 16:00 GMT+7

PM orders stricter management of e-invoices

Trâm Anh -

Move aimed at ensuring a transparent business environment.

E-invoices issued at gasoline stations will be under stricter management.
E-invoices issued at gasoline stations will be under stricter management.

Prime Minister Pham Minh Chinh has asked relevant ministries, agencies, and localities to strengthen management over electronic invoices (e-invoices) to ensure a transparent, equal, and favorable business environment for enterprises and individuals as well as to successfully implement the national strategy on digital transformation.

The General Department of Taxation began implementing e-invoices from July 1, 2022.

However, some individuals and organizations have recently been found to have taken advantage of the issuance of e-invoices to make illegal profits, including issuing fake invoices, according to a circular issued by the Prime Minister on November 18.

He ordered the Ministry of Finance to promptly complete and upgrade technical infrastructure and information technology systems for e-invoices, ensuring that they meet the requirements for smoothly and conveniently receiving e-invoice data from around the country.

The ministry was required to build a major data center on e-invoices, apply modern technology, and study measures and tools to prevent the counterfeiting of and fraud regarding e-invoices, for effective tax management.

It was also instructed to coordinate with relevant ministries and localities to increase inspections over the issuance and use of e-invoices, in particular e-invoices issued at gasoline stations, and to strictly punish violators.

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