Headlines 30/01/2020 14:06 CH

Telecommunications companies are required to explain sales earned from 4 services

Nguyễn Liên

Ministry of Information and Communications has promulgated the Circular No. 21/2019/TT-BTTTT regulating explanatory notes on sales of telecommunications services.

According to this Circular, telecommunications companies are responsible for giving explanatory notes on the following sales of telecommunications services in accordance with laws on accounting:

 (1) Sales earned from providing telecommunications services for users (excluding sales mentioned below);

 (2) Sales earned from providing telecommunications services for domestic telecommunications companies (hereinafter referred to as domestic sales);

 (3) Sales earned from providing telecommunications services for foreign partners operating within the territory of Vietnam (hereinafter referred to as international sales);

 (4) Sales earned from providing public telecommunications services for users who are beneficiaries of these services (hereinafter referred to as public service sales).

Circular No. 21/2019/TT-BTTTT is entering into force on April 1, 2020.

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