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

"The landscape of the fuel industry is evolving, and so are the practices of businesses within it. According to the General Department of Taxation, a remarkable 100% of enterprises have now embraced a new norm of issuing invoices for every single sale of gasoline and oil. This marks a significant step forward in the digitization of the industry, and it's an exciting time for both businesses and consumers alike." Let me know if you would like me to continue crafting content for you or provide any other assistance.

By
Administrator
-
0
161
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 generation of electronic invoices is automated through software, and the issued invoices are fully stored electronically at gasoline and oil stations, ensuring traceability when requested by competent authorities.

RELATED ARTICLESMORE FROM AUTHOR