The Ultimate Guide to Fuel Sales: Uncovering Insights from Over 171 Million Gas Station Receipts Nationwide

Introducing the future of invoicing: a seamless, digital approach. The General Department of Taxation reveals that 100% of businesses have successfully transitioned to issuing invoices for each gas and oil sale, marking a significant step towards a more efficient and transparent system. This shift towards digital invoicing empowers businesses with a streamlined process, enhancing their operational capabilities and fostering a culture of trust and accountability.

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On August 3, the General Department of Taxation (Ministry of Finance) announced that tax authorities have completed the implementation of invoice issuance for each gasoline and oil sale for 100% of gasoline and oil businesses nationwide.

According to the General Department of Taxation, the total number of retail invoices issued as of the present is 171,629,092.

100% of businesses have implemented invoice issuance for each gasoline sale

The requirement for gasoline and oil companies to issue electronic invoices for each sale is specifically stipulated in the Law on Tax Administration No. 38/2019/QH14, Decree No. 123/2020/ND-CP, and Decree No. 80/2023/ND-CP of the Government.

In the past, the Government and the Prime Minister have continuously directed the Ministry of Finance and related agencies to promote the implementation of invoice issuance for each gasoline and oil sale. The Prime Minister has requested to revoke the business licenses of enterprises that do not comply with this requirement.

The tax authorities emphasized that the creation of electronic invoices is automated through software, and the issued invoices are fully stored electronically at gasoline and oil outlets, ensuring traceability when requested by competent authorities.

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