Additional guidance at the submission time for C/O

10:17 | 10/10/2016 Regulations Follow english.haiquanonline.com.vn on

VCN – The Ministry of Finance has issued an additional guidance when lodging a Certificate of Origin (C/O) for samples, except C/O form VK. It means that no original case C/O at the time of Customs procedures, the Customs declaration is filed within 30 days from the date of registration of Customs declarations.

Customs's working at Noi Bai International Airport Customs Branch. Photo: N.Linh

Specifically, the new guidelines of the Ministry of Finance clarified the previous guidance at dispatch 12802 / BTC-TCHQ in 14^th September.

The declarer must submit the original C/O for the Customs authorities at the time of Customs procedures to be considered for preferential tariffs under preferential tariffs regulations. The time of Customs procedures shall be calculated from the date of registration of Customs declarations prior to goods clearance.

In case there is no original C/O at the time of Customs procedures, the Customs declarant shall declare the payment of additional C/O on the Customs declaration and payment of C/O within 30 days of posting the signed Customs declaration. Pending submission of C/O, the declarer declared MFN tax rate.

The submission time of C/O for goods imported under the regulated prices of the State according to the Price Control Act and other guiding documents for implementation will be guided individually.

Guidance on the time of submission of C/O is applied to Customs declarations registration from 14^th September 2016.

By N.Linh/Thanh Thuy

Tags:

Related News

Vietnam secures VND 157 billion from state enterprise divestment in 2024

09:16 | 14/02/2025 Finance

VCN - The Ministry of Finance reported that in 2024, the divestment of state capital in 5 enterprises (F1) generated VND 157 billion from an initial value of VND 145 billion

Focusing on inspecting inventory of public assets at units with large and complex assets

16:31 | 15/02/2025 Finance

VCN - According to Official Dispatch No. 1456/BTC-QLCS on inspecting the preparation and implementation of the General Inventory of Public Assets recently issued by the Ministry of Finance, the inspection of the inventory of public assets focuses on units with large asset scale and large number of inventory items, complex assets, and slow implementation progress.

Vietnam gears up for potential inflation impact in 2025

14:26 | 11/02/2025 Finance

VCN - For sound price management and inflation control, Deputy Prime Minister Ho Duc Phoc directed officials to vigilantly track both domestic and international market dynamics. The goal is to proactively develop flexible strategies and solutions, enabling a swift response to any emerging challenges.

Over 1,500 customs declarations processed by Hai Phong Customs during Tet

14:36 | 10/02/2025 Customs

VCN - Hai Phong Customs Department processed 1,547 customs declarations during the Tet holiday period

Latest News

Consulting on customs control for e-commerce imports and exports

14:50 | 14/02/2025 Regulations

VCN- The General Department of Vietnam Customs (GDVC) consults widely on the draft Decree regulating customs control for e-commerce imports and exports.

Flexible tax policy to propel Việt Nam’s economic growth in 2025

14:14 | 06/02/2025 Regulations

The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.

Brandnew e-commerce law to address policy gaps

18:44 | 29/01/2025 Regulations

The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.

From January 1, 2025: 13 product codes increase export tax to 20%

14:23 | 29/12/2024 Regulations

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.

More News

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

13:46 | 28/12/2024 Regulations

VCN – According to the Export Tariff issued with Decree 26/2023/ND-CP, the tax rates of 13 commodity codes will increase to 20% from January 1, 2025.

Proposal to reduce 30% of land rent in 2024

14:58 | 25/12/2024 Regulations

VCN - The Ministry of Finance has finalized a draft Government Decree outlining the reduction of land rent for 2024. The draft is currently under review by the Ministry of Justice before being submitted to the Government for approval.

Resolve problems related to tax procedures and policies for businesses

13:54 | 22/12/2024 Regulations

VCN - Immediately after the end of the Dialogue Conference between the Ministry of Finance and enterprises on tax and customs policies and administrative procedures in 2024, the General Department of Customs proactively removed obstacles related to tax procedures and policies for the business community.

New regulations on procurement, exploitation, and leasing of public assets

09:17 | 15/12/2024 Regulations

VCN - Decree No. 114/2024/ND-CP, which amends and supplements certain articles of Decree No. 151/2017/ND-CP detailing the implementation of the Law on Management and Use of Public Assets, introduces significant changes. These include updates on authority, methods of asset exploitation in agencies and units, plans for leasing, joint ventures, and partnerships in public service units, as well as centralized procurement procedures.

Actively listening to the voice of the business community

09:39 | 12/12/2024 Customs

VCN - Recognizing the Customs-business relationship as a long-term partnership, the Customs authority has organized hundreds of dialogues with businesses since the beginning of the year. These efforts aim to promptly address challenges, resolve obstacles, and facilitate import-export activities. Such meetings offer an opportunity for the Customs authority and the business community to exchange, share insights, and find solutions to enhance operational quality and efficiency.

Step up negotiations on customs commitments within the FTA framework

09:44 | 08/12/2024 Regulations

VCN - Promoting negotiations on customs commitments within the framework of free trade agreements (FTAs) plays an important role in facilitating import and export activities. These commitments not only help optimize the customs clearance process but also minimize costs and risks for businesses, opening up great opportunities for Vietnamese goods to access deeper into the international market.

Proposal to amend regulations on goods circulation

13:45 | 06/12/2024 Regulations

VCN - To perfect the policy on customs procedures, inspection and supervision, enterprises and associations have contributed many ideas from practical activities. Thereby, the Drafting Committee (General Department of Customs) has more perspectives to build policies to meet the goal of facilitating trade and ensuring state management of customs.

Review of VAT exemptions for imported machinery and equipment

10:31 | 05/12/2024 Regulations

VCN - The General Department of Vietnam Customs has directed provincial and municipal customs departments to review, inspect, and address issues related to the implementation of VAT exemption policies for specialized machinery and equipment used in agricultural production.

Customs tightens oversight on e-commerce imports

13:39 | 04/12/2024 Regulations

VCN - The General Department of Vietnam Customs has issued new directives to enhance the management of imported goods transacted through e-commerce platforms, addressing ambiguities and ensuring consistent enforcement across provincial and municipal customs departments.

Your care

Latest Most read