About 5,400 foreigners are refunded VAT
Proposal to continue reducing VAT by 2% to support people and businesses | |
Businesses and people expect VAT cut extension to be approved |
An officer of Tan Son Nhat International Airport Customs Branch implements VAT for goods of foreigners on exit. Photo:T.H |
According to HCM Customs Department, in April 2024, the department refunded VAT worth about VND120 billion for goods of foreigners on exit or the revenue of over VND8.3 billion.
In the first four months of the year, HCM Customs Department refunded VAT for goods worth VND 460 billion of 5,400 foreigners on exit, with the refunded amount of over VND 32 billion.
Products carried out by the passengers mainly are watches, shoes, sandals, handbags, cosmetics...
In 2023, HCM City Customs Department refunded about VND100 billion of VAT on goods worth VND1,268 billion brought by foreigners and Vietnamese residing abroad on exit.
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