On August 22nd , 2019, General Department of Taxation has issued Official Letter No. 3352/TCT-KK about bank transfer receipts for deducting and refunding input value-added tax (VAT) on exported goods and services.
Accordingly, in case foreign customer made a payment for exported goods and services to Vietnamese entity via bank transfer in form of Letter of Credit (L/C), but in reality bank transfer receipts illustrated that foreign bank account for remittance payment was not bank account of foreign customer or third party being organization or individual in foreign countries that made payment under the authorization of foreign customer stipulated in the export contract (or the contract appendix or amendment- if any) in accordance with Point b.3, Clause 3, Article 16, Circular No. 219/2013/TT-BTC, then such bank transfer receipts shall fail to satisfy conditions for deducting and refunding input VAT on exported goods and services.