Nghe An Tax Department verifies the case of buying and selling mutated orchids for 1.65 billion VND

"Mysterious" transaction

After appearing on social networksVideo clip about the sale of the mutant orchid Hong Bong Laiworth more than 1.6 billion VND in Ma Thanh commune, Yen Thanh district, Nghe An Tax Department has directed the Bac Nghe II Regional Tax Branch to investigate and determine

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Accordingly, the above "transaction" took place at the house of Mr. Tran Dinh Luat, owner of an orchid garden in Dong Bau hamlet, Ma Thanh commune, Yen Thanh district.

The transaction of buying and selling mutated orchids for 1.6 billion VND in Nghe An?

(Baonghean.vn) - After receiving information about this deal, the tax authority went to the house to grasp the case.

Mr. Luat explained that his family had an orchid garden. During the care process, he discovered a mutant orchid called Hong Bong Lai, so he tried to propagate it. After that, he had a transaction to sell orchids to customers on March 7, 2021.

According to Mr. Luat, the customer who bought the orchid tree was named Kien, introduced himself as being from Hoa Binh province, his full name and address were unknown. This transaction was posted on social media by people with a value of 1.65 billion VND.

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According to Mr. Bach Hung Dai, Head of the DepartmentBac Nghe II Tax Branch, the above transaction (if real) is not subject to tax because the agricultural and livestock products produced and sold by people themselves are not subject to tax according to Clause 1, Article 1 of the Law on VAT.

People need to be vigilant

Recently, in Nghe An and the whole country, there have been continuous transactions of buying and selling mutated orchids with amounts up to billions of dong. The truth of these transactions is not clear. Some people think that this is a trick of orchid traders and causes unpredictable consequences for society. Therefore, people need to be very vigilant.

Speaking to the press, Mr. Nguyen Huu Van, Chairman of the Vietnam Ornamental Plants Association, said: "In general, in terms of ornamental plant transactions, I have never witnessed such a large transaction, amounting to billions, tens of billions of VND." The Chairman of the Ornamental Plants Association also said that it is unclear whether these transactions are real or not as they have not been verified by the police and tax authorities. Orchids are beautiful and rare, but they only have ornamental value and are "just for viewing", so it is hard to believe that many people, no matter how passionate about flowers, would not easily spend billions, tens, or even hundreds of billions of VND like in Quang Ninh recently to buy mutated orchids.

The Department of Competition and Consumer Protection also recommends that people be careful when participating in transactions of mutant orchids to avoid major financial losses.