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What is Payment Type in Vat 317 Form

What is Payment Type in Vat 317 Form

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now talking about the viet collection methods as they as they occur we have several of them i'm not sure if i'm complete i think i am but the first one is a common model at least used to be in latin america the psp collection system so there there is vat on digital services but the foreign seller is not bothered with that because the tax authorities instruct banks and payment service provider to withhold the vat from the amount that is transferred via the payment service provider so that is that is the first step that that countries take then the second one and that's the most popular one have the simplified vit gst collection system whereby you can register via mostly in english language portal and file the returns directly with the tax authorities then also you can come into the net and register directly but in the standard vit collection system examples are south africa and uae for example where that that happens sometimes you are required to go into the stan

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