Goods and services entitled to VAT reduction until the end of 2022

In which, from November 1, 2021 to the end of December 31, 2021, value added tax will be reduced for the following goods and services:

(1) Groups of food and beverage services, travel, etc. include:

- Transport services (rail, air, land, sea and other road transport);

- Accommodation service;

- Food Service;

- Services of travel agencies, tour and support services related to tour promotion and organization.

(2) services on art, entertainment, etc. include:

- Publishing products and services;

- Film services, TV show, sound recording and music production.

- Works of art, composing services and entertainment;

- Services of libraries, archives, museums and other cultural activities;

- Sports and entertainment services.

Illustration

Note: Goods and services in group (2) do not include publishing software, goods and services produced and traded online.

Depending on the tax calculation method, the value-added tax reduction is applied as follows:

- Enterprises and organizations that calculate value-added tax by the credit method of production and trading of goods and services specified in this Clause are entitled to a reduction of 30% of the value-added tax rate;

- Enterprises and organizations whose value-added tax is calculated according to the percentage method on the turnover of production and trading of goods and services specified in this Clause are entitled to a reduction of 30% of the value-added tax rate;