Cases of Issuing Invoices for the Sale of Public Assets to Perform Scientific and Technological Tasks

17:30, 11/07/2024

Circular 63/2018/TT-BTC has been issued by the Ministry of Finance guiding some provisions of Decree 70/2018/ND-CP regulating the management and use of assets formed through the implementation of science and technology tasks using state capital.

According to Circular 63, the issuance of invoices when selling equipment assets to execute scientific and technological tasks and transferring ownership of assets that are the results of scientific and technological tasks is implemented in the following cases:

1. For Public Asset Sales Invoices:

- Selling equipment assets to carry out scientific and technological tasks funded by the budget;- Selling the State-owned portion of equipment assets to carry out scientific and technological tasks with budget support to the presiding organization or individual;- Settling the value of assets that are the results of scientific and technological tasks funded by the budget when transferring ownership to the presiding organization or individual or another organization or individual;- Settling the value portion of assets that are the results of scientific and technological tasks with budget support when transferring the State's ownership to the presiding organization or individual or another organization or individual.

2. For Value Added Tax Invoices

- Selling equipment assets to carry out scientific and technological tasks with budget support to another organization or individual;- Settling the value of assets that are the results of scientific and technological tasks with budget support when transferring full asset ownership to another organization or individual.

See more Circular 63/2018/TT-BTC effective from September 15, 2018.

- Thanh Lam -

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