Input invoices are the legal basis for protecting business households
In the content of the announcement just issued, the Tax Department emphasized that input invoices play a particularly important role for business households, not only being a legal document recording transactions of buying and selling goods and services but also bringing many practical benefits.
Firstly, invoices are the basis for proving the legal origin of goods and raw materials, helping businesses avoid mistakenly buying counterfeit, counterfeit, and poor quality goods, while protecting the reputation and trust of customers.
Second, the input invoice is a valid cost recording document, helping business households accurately account for revenue, expenses and tax obligations, ensuring tax declaration and payment are transparent and fair.
Third, the invoice is legal evidence when there is a dispute over the quality of goods, services or payment, helping to protect the legitimate rights and interests of business households.
Finally, taking and keeping full invoices demonstrates compliance with the law, contributing to creating prestige, increasing transparency in business operations and building a healthy and sustainable business environment.
Risks of not getting input invoices
According to the Tax Department, if a business household does not get a bill when purchasing goods, it will face many serious risks both legally and financially.
First of all, the lack of invoices makes it impossible for businesses to prove the legal origin of goods when the authorities conduct inspections, easily being seen as being trading in goods of unknown origin. This not only affects the reputation and image of the business household but also poses a risk of goods being confiscated if they cannot present valid documents.
In addition, when there are no invoices, business households cannot record valid costs, leading to the inability to declare tax deductions or calculate actual profits correctly, thereby being collected or administratively sanctioned by the tax authority for declaring in violation of regulations.
Regularly buying and selling goods without getting invoices can also be suspected of being related to tax evasion, seriously affecting the reputation and legality of business operations.
According to the provisions of Decree No. 98/2020/ND-CP on penalties for violations in commercial activities and Decree No. 125/2020/ND-CP on penalties for administrative violations in the field of taxes and invoices, goods without legal invoices or documents will be considered goods of unknown origin. Depending on the severity of the violation, business households may be subject to administrative fines, goods confiscation, and even criminal prosecution if there are signs of serious fraud or tax evasion.
Therefore, requiring, receiving and keeping full input invoices when purchasing goods is an important measure to protect the legitimate rights and interests of business households.
The bill not only helps businesses avoid legal risks but also ensures transparent and clear business operations, creating trust with customers, partners and state management agencies.
Strictly implementing invoices when purchasing goods also contributes to building a fair, healthy and sustainable business environment, where all entities comply with legal regulations and compete honestly.
