Value Added Tax

For goods circulated internally to continue the production and business process, the VAT calculation price is:

• VAT must not be calculated and paid

• The sale price without VAT

• Price includes VAT

• The taxable value of VAT of the same or similar type at the time of the occurrence of such activities

The price for calculating the VAT on import goods is

• Import price at border gate + Excise tax (if any)

• Price of imported goods

• Import price at border gate + Import tax + Extra import tax (if any) +  SST (if any) + EPT (if any)

• Import price at border gate + import tax (if any

How many tax rates do you currently have in value added tax:

• 2

• 3

• 4

• 5

Tax rate of 0% does not apply to:

• Exported goods

• Export services

• International transport

• Cars sold to organizations and individuals in non-tariff area

Enterprise A sells 5 electric fans, the selling price is 500,000 VND/piece. The VAT tax rate is 10%. What is the output VAT for that fan?

• VND 200,000

• VND 250,000

• VND 300,000

• VND 50,000

1. Enterprise X has the turnover from selling baby toys excluding VAT in July 202N is VND 100,000,000. 

The input VAT collected is eligible for deduction: VND 2,000,000

VAT rate of the toy toys is 10%

How much VAT will be paid up to the end of the company's July 202N tax period?

• VND 2,000,000

• VND 8,000,000

• VND 5,000,000

• VND 10,000,000

1. Construction company Y has turnover in the tax period is VND 2,000,000,000.

Inside:

• Turnover from execution of construction contract with enterprise Z: VND 1,500,000,000

• Turnover from performance of other construction contracts: VND 500,000,000.

The input VAT collected is eligible for deduction: VND 20,000,000

The VAT rate for construction activities is 10%.

How much VAT is payable up to the end of the Y tax period?

• VND 180,000,000

• 1. VND 130,000,000

• VND 80,000,000

• VND 30,000,000

1. ABC Trading Company has the following data for the year 202N+1:

• Input VAT: VND 400,000,000 (including 1 VAT invoice with input VAT of VND 3,000,000 paid in cash).

• Output VAT: VND 800,000,000.

• The VAT amount payable at the end of the 202N tax period is VND 0.

• The VAT rate applied: 10%

The VAT amount to be paid in the ABC company's 202N+1 tax period is:

• VND 400,000,000

• VND 397,000,000

• VND 403,000,000

• VND 433,000,000

Company X manufactures alcohol, the price excluding excise tax is 80,000 VND/bottle. Company X sold 1,000 bottles, excise tax rate is 20%. The VAT exclusive price is:

• VND 16,000,000

• VND 96,000,000

• VND 80,000,000

• VND 112,000,000

The amount of VAT payable by the tax deduction method is determined by?

• The output VAT amount minus (-) the input VAT amount

• The VAT amount of goods and services sold is multiplied by (x) the VAT rate applicable to such goods or services

• The output VAT amount minus (-) the deductible input VAT amount

• Total output VAT