What authority do inspectors have to impose tax and invoice-related penalties?
Each Governmental authority has their own rights in conducting administrative sanctions for tax and invoice-related violations. In this article, we would provide you with the information regarding the authority to impose penalties of inspectors pursuant to Article 34, Decree 125/2020/ND-CP of the Government:
1. Inspectors or persons assigned to carry out specialized inspections on duty shall be accorded authority to issue cautions.
2. Chief Inspectors of Departments of Finance, Chiefs of Inspectorates of Taxation Departments, or Chief of Inspectorate of General Department of Taxation, performing specialized inspections shall have the following authority:
a) Imposing penalties in the form of cautions;
b) Imposing the fine of up to VND 50,000,000 for the acts prescribed in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II and Chapter III herein;
c) Enforcing the temporary suspension of the invoice printing business as a penalty for the acts prescribed in Article 21 herein;
d) Applying remedies stipulated in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II and III herein.
3. Chief of the Inspectorate of Ministry of Finance performing duties to carry out specialized inspections shall have the following authority:
a) Imposing penalties in the form of cautions;
b) Imposing the fine of up to VND 70.000.000 for the acts prescribed in Chapter III herein;
c) Imposing the fine of up to VND 140,000,000 for the acts prescribed in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II herein;
d) Enforcing the temporary suspension of the invoice printing business as a penalty for the acts prescribed in Article 21 herein;
dd) Applying remedies stipulated in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II and III herein.
4. Chief of the Inspectorate of the Ministry of Finance shall have the following authority:
a) Imposing penalties in the form of cautions;
b) Imposing the fine of up to VND 100,000,000 for the acts prescribed in Chapter III herein;
c) Imposing the fine of up to VND 200,000,000 for the acts prescribed in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II herein;
d) Enforcing the temporary suspension of the invoice printing business as a penalty for the acts prescribed in Article 21 herein;
dd) Applying remedies stipulated in Article 10, 11, 12, 13, 14, 15 and 19 of Chapter II and III herein.
As an established company in the field of tax and legal consulting, Vinasc hopes to adequately inform our customers to help them mitigate the risk during operation in Vietnam. Should there be any further concern, please contact Vinasc’s Customer Care department for timely support.