Excersice 1:

Company A in the third quarter of year N purchased raw materials as follows:

- The VAT-inclusive price on the invoice of 1.44 tons is 792 million dong;
- The transport cost excluding VAT is 35 million dong;
- Loading and unloading costs excluding VAT are 10 million dong;
During the tax period, the enterprise used all materials for production. material
consumption norms are 0.5kg for each product. All products have been sold domestically
with a tax-exclusive price of 450,000 / 1 product.
a) Calculate the payable VAT amount with the tax rate of 10%?
b) If the company exported 40% of total products and sell domestically 60% of total
products at a VAT-exclusive price of VND 450,000/product, calculate the payable VAT
amount?
Excersice 2:
In the tax year, company X has the following activities
1. Export a shipment at a price of USD 30,000.
2. Selling to a commercial company 800 products A at a VAT-exclusive price of 400,000
dong / product but when writing invoices, the accountant has recorded the price of
440,000 dong / product.
3. Company used 60 products B to exchange with another company to get product C, the
VAT exclusive price of product B at the time of exchange is 187,000 dong / product.
4. Transferring 400 products of D through another workshop of the company for further use
in the production process, the selling price including VAT of Product D at the rotational
time is 135,000 VND / SP .
5. The company outsourced 1,000 E products to a foreign company with a processing cost
of 4 dollar for each product SP. At the end of the period, the company completed 80% of
its products and exported it to foreign countries.
Calculate the payable VAT amount? Suppose that: the tax rate is 10%, Creditable
input VAT amount is 20 million dong.

Exercise 3:
The business situation of a company in the taxation period is as follows:
 1. Situation of consumption of products
- Sell domestically 50 tons of iodized salt at the price of 3 million dong / ton.
- Exporting 100 tons of salt to Laos at the FOB price of 110 USD / ton.
- Export of 200 tons of rice to EU at the FOB price of 250 USD / ton.
- Selling 20 tons of canned fish to a supermarket at a VAT-exclusive price of 30 million
dong / ton.
2. Cost and input VAT corresponding to the volume of goods consumed in the period are
as follows:
- The VAT-exclusive price of raw materials purchased is 950 million dong. Total input
VAT amount of raw materials is 95 million dong, the company can not separately
account taxes for each type of product.
- Depreciation of fixed assets is 30 million dong. Creditable input VAT amount is 10
million dong.
- The VAT-inclusive prive of outside services is 165 million dong (VAT 10%)
+ Input VAT on services purchased for the production and trading of goods subject to
VAT is 10 million dong.
+ Input VAT on services purchased for non-taxable products is 5 million dong.
Calculate the payable VAT amount? (VAT 10%) 1USD = 22,000VND

Excersie 4:
In the last 3 months of year N, enterprise A has the following operations:
1. Buying 20.000 liters of glutinous rice wine with alcohol volume of 19% at VAT
exclusive price of 32,000 VND / liter. The company used 15,000 liters to produce 22,000
bottles of alcohol at 30% vol. The company has sold 12,000 bottles at the VAT excluvie
price of 75,000 dong/bottle.
2. Selling 6,000 bottles of beer to the trading company at the excise tax exclusive price of
7,000 dong / bottle.
3. Importing 200 bottles of Chivas 38 at 40% volume with the import-duty calculation price
of 5 million dong / bottle. The company has sold 150 bottles at VAT-exclusive price of
VND15 million / bottle.
Calculate the excise tax amount of enterprise A in the last three months of the year.
Assuming that: Import tax rate of alcohol is 50%; The excise tax rate for glutinous rice
wine is 25%. The tax rate for bottled alcohol and Chivas 38 and beer is 50%.
Excersie 5:
Company A producing goods subject to excise tax has the following documents in the
tax period:
- Putting the finished products into the warehouse: 10,000 A products and 15,000 B
products
- Selling 8,000 A products and 12,000 B products including
+ Selling to company B: 4,000 A products and 7,000 B products at the total payment
price of 169,400 dong/product A and 105,600 dong/product B.
+ Agent of the company A has sold 900 products A and 2,200 products B at the VAT
exclusive price of 182,000 dong/product A and 104,000 dong/product B
+ Exporting the remaining products to other country at the FOB price of
92.000dong/product A and 48.000dong/product B.
Calculate the excise tax amount of company A, assuming that:
- The excise tax rate for product A and B is 40% and 60% respectively. The company
does not have raw materials and inventory products at the beginning of the period.
- During the period, the company purchased 8,000 kg of raw materials subject to special
sales tax to produce 10,000 SPA at the excise tax exclusive price of 69,000 dong/kg, the
excise tax rate of raw materials is 25%.
Exercise 6:
The business situation of a company in the taxation period is as follows:
1. Situation of consumption of products
- Sell domestically 50 tons of iodized salt at the price of 3 million dong / ton.
- Exporting 100 tons of salt to Laos at the FOB price of 110 USD / ton.
- Export of 200 tons of rice to EU at the FOB price of 250 USD / ton.
- Selling 20 tons of canned fish to a supermarket at a VAT-exclusive price of 30 million
dong / ton.
2. Cost and input VAT corresponding to the volume of goods consumed in the period are
as follows:
- The VAT-exclusive price of raw materials purchased is 950 million dong. Total input
VAT amount of raw materials is 95 million dong, the company can not separately
account taxes for each type of product.
- Depreciation of fixed assets is 30 million dong. Creditable input VAT amount is 10
million dong.
- The VAT-inclusive prive of outside services is 165 million dong (VAT 10%)
+ Input VAT on services purchased for the production and trading of goods subject to
VAT is 10 million dong.
+ Input VAT on services purchased for non-taxable products is 5 million dong.
- Cost of wages: 850 million dong
- Interest payments on bank loans: 60 million dong
1 USD = 22,000VND
a) Calculate the payable VAT amount? (VAT 10%)
b) Calculate the EIT amount (the tax rate of EIT is 20).
Exercise 7:
The business situation of a company in the taxation period is as follows: (unit: million
dong)
1. The total revenue: 5,000
2. The expenses:
- Cost of wages and salaries: 850;
- Buying life insuarance for employees: 50
- Expenses for construction of gratitude houses under the program of the Ministry of
Labor, War Invalids and Social Affairs: 300
- Cost of costume in kind for the employees: 300 (there are 50 employees)
- Interest payments on loans: (borrowing 500 million from a commercial bank at the
interest rate of 16% per year; borrowing 300 million from employees at the interest rate
of 18% per year)
- Fines for violations of the law on labor use: 10
- Expenditures for waste water treatment: 100
- The VAT-exclusive price of raw materials purchased: 900.
- Depreciation of fixed assets: 50.
 - Creditable input VAT amount: 5
- The VAT-inclusive price of outside services: 88
- License fee: 5
- Tax on Non-agricultural land use: 20
3. Other Income from transfer of assets: 30
a) Calculate the payable VAT amount with the tax rate of 10%?
b) Calculate the EIT, assuming that: the tax rate of EIT is 20%, basic interest rate of the
central bank is 10%, The company has contributed sufficient capital. Life insurance is
not included in the labor contract

Exercise 8:
The business situation of a trading company in the taxation period is as follows:
- Importing 100 air-conditioner with the import-duty calculation price of 4 million dong /
unit. The company has sold all of the goods at ET-exclusive price of 12 million dong /
unit.
- Exporting 300 smart phone at the FOB price of 5 million dong/unit.
- Buying 50 TVs from a local company at the VAT-inclusive price of 4 million dong. The
company has sold all of these TVs at the VAT-exclusive price of 8 million dong.
- Other deductible expenses of the company are 300 million dong
Calculate the EIT, assuming that: the tax rate of EIT is 20%? the rate of VAT is 10%;
the import tax rate of air-conditioner is 10%, the excise tax rate of air-conditioner is
20%, the export tax rate of smart phone is 0%.

Exercise 9:
Person A has monthly taxable income from salaries of 60 million dong. He has 1
dependant. Person A must pay compulsory insurance at the rate of 10.5% on the income
of 12 million dong. He has also contributed 5 million dong to a fund of charitable
donation. He received the income of 30 million dong from business activities. Moreover,
he gained the income from won prizes of 50 million dong in that month.
Calculate the amount of tax payment?