Anti-dumping duty of 54.9% to be applied for shipments without C/O

By Nu Bui/Ngoc Loan

13:22 | 30/03/2022 Regulations Follow english.haiquanonline.com.vn on

VCN – If a Customs declarant fails to submit a certificate of origin of goods, the customs authority will impose an anti-dumping duty of 54.9% on imports, the General Department of Vietnam Customs said.

	No basis to affirm that silicon steel is not subject to anti-dumping duty
	India decides not to impose anti-dumping duty on MDF boards from Vietnam
	Ministry keeps anti-dumping duty on aluminium from China

Anti-dumping duty of 54.9% to be applied for shipments without C/O

Customs officers at My Phuoc Industrial Park conduct a physical inspection for imports and exports. Photo: T.D

Binh Duong Customs Department faces problems when applying the anti-dumping duty for on-spot imports.

To handle the problem, the General Department of Vietnam Customs (GDVC) requests Binh Duong Customs Department to refer to Clause 3, Article 2 and Clause 5, Article 4 of the Law on Import and Export Duties; Clause 7, Article 39 of Circular 38/2015/TT-BTC amended and supplemented in Circular 39/2018/TT-BTC of the Ministry of Finance as saying that tax declaration, tax collection, tax payment and tax refund for safeguarding, anti-dumping and anti-subsidy duties will be applied as import duty in accordance with regulations on import-export duties and relevant laws.

The GDVC cites Article 1 of Decision 2080/QD-BCT dated August 31, 2021 of the Ministry of Industry and Trade as stipulating that long fiber products made from polyester and originating from the People's Republic of China and the Republic of India, the Republic of Indonesia and Malaysia imported into Vietnam are subject to the application of anti-dumping duty.

Point 4 in the notice attached to Decision 2080/QD-BCT stipulates the procedures, documents, inspection and application of anti-dumping duty. The Decision provides that the customs will check C/O to impose the anti-dumping duty. If the customs declarant does not submit the C/O, the customs authority will impose the anti-dumping duty with a tax rate of 54.9%.

Pursuant to these regulations, the GDVC said that if the importer implements on-spot import for long fiber products made from polyester and originate from China, India, Indonesia, Malaysia, the customs will impose the anti-dumping duty under Decision 2080/QD-BTC and will check C/O to identify and apply the anti-dumping duty.

By Nu Bui/Ngoc Loan

Tags:

Related News

Why seafood exports to some Middle Eastern Countries are stalled

14:47 | 20/11/2024 Import-Export

VCN - Several shipments of seafood exported to certain Middle Eastern countries have been delayed due to legal challenges related to consular legalization procedures. This has created significant bottlenecks in accessing these markets.

Budget revenue is about to be completed for the whole year estimate

08:34 | 13/11/2024 Finance

VCN - After 10 months of 2024, the budget collection progress has almost completed the assigned estimate for the whole year. From now until the end of the year, the entire Finance sector is striving to achieve the revenue exceeding the set target.

Policy adaptation and acceleration of digital transformation in tax and customs management

10:03 | 14/11/2024 Regulations

VCN - In order to contribute to economic growth, tax, customs and logistics management policies need to ensure high adaptability, stability and predictability so that they require little amendment or supplementation.

State revenue collection poised to surpass annual target

10:11 | 12/11/2024 Finance

VCN - With ten months of 2024 behind us, Vietnam’s state budget revenue is on track to exceed the year’s target. The Ministry of Finance is pushing hard to achieve results that go beyond initial projections as the year draws to a close.

Latest News

Hanoi Customs resolves tax policy queries for enterprises

09:26 | 22/11/2024 Regulations

VCN - Queries regarding customs consultation procedures and tax refunds due to price reduction clauses were addressed by the Hanoi Customs Department, providing clarity for businesses.

Regularly check tax obligations to avoid temporary exit suspension

09:47 | 21/11/2024 Regulations

VCN - In order to avoid the situation of arriving at the airport or border gate and only finding out that you owe taxes and being temporarily suspended from leaving the country by the Tax Authority, the Tax Authority recommends that taxpayers regularly look up their tax obligations to have a plan to pay taxes on time, not letting the tax debt situation drag on and drag on.

Implementing the SAFE framework in Vietnam: Assessment through the lens of international standards

09:14 | 20/11/2024 Regulations

VCN - In June 2005, the World Customs Organization (WCO) developed and adopted the SAFE Framework of Standards to Secure and Facilitate Global Trade. The SAFE Framework plays a crucial role in encouraging countries to modernize, enhance security, and facilitate trade within global supply chain management and Authorized Economic Operator (AEO) programs. This approach introduces a comprehensive method for cross-border goods management and promotes closer cooperation between Customs, businesses, and stakeholders. The Customs News presents a two-part series on implementing the SAFE Framework in Vietnam.

Proposing the Tax Authority be flexible in applying tax debt enforcement measures simultaneously

09:40 | 19/11/2024 Regulations

VCN - In the draft revised Law on Tax Administration, the Ministry of Finance proposed amending regulations on measures to enforce administrative decisions on tax administration to remove obstacles in policy mechanism and improve the effectiveness of tax administration.

More News

Many shortcomings in process and manual book on handling administrative violations

15:53 | 18/11/2024 Regulations

VCN - Legal policies on handling administrative violations have effectively supported the technical work of the Customs sector. However, some legal bases and regulations have been amended, replaced, and supplemented, which have limited the efficiency of handling administrative violations of the customs sector.

Implementing the SAFE Framework in Vietnam: Lessons from practice

10:03 | 18/11/2024 Regulations

VCN - The Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework) is a strategic international instrument introduced by the World Customs Organization (WCO) to enhance security and trade facilitation in global supply chains. It contributes significantly to the economic development of the 21st century.

Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

09:18 | 17/11/2024 Regulations

VCN - Recognizing the significance, impact, and benefits of the SAFE Framework in customs modernization and reform, Vietnam Customs is advancing the implementation of SAFE. This involves both capacity building and phased deployment aligned with Vietnam Customs’ development strategy and practical needs.

Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

13:54 | 15/11/2024 Regulations

VCN - The Ministry of Finance said that the abolition of regulations on tax exemption for imported goods valued at less than VND1 million must comply with international practices in the context of the growing trend of cross-border e-commerce activities.

Implement regulations on special preferential import tariffs under VIFTA

08:32 | 13/11/2024 Regulations

VCN - The General Department of Vietnam Customs (GDVC) requests provincial and municipal customs departments to implement Vietnam's special preferential import tariffs under the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel for the period 2024-2027 (referred to as the VIFTA) from October 15, 2024.

Perfecting tax policy for goods traded via e-commerce

09:24 | 10/11/2024 Regulations

VCN - In order to ensure the goal of developing e-commerce activities without causing loss of state budget revenue, the Customs authority is actively coordinating with policy advisory units of the Ministry of Finance to research and review regulations on tax exemption for import and export goods transacted via e-commerce.

Are belongings of foreigners on business trip to Vietnam exempt from tax?

14:23 | 09/11/2024 Regulations

VCN - That is the question of Nhat Viet Relocation Company Limited, which has just been answered by the Customs Department and given specific instructions on providing a confirmation of residence of foreigners on business trip to Vietnam to follow tax exemption procedures for movable assets.

Amending regulations on enforcement measures in tax administration

10:05 | 08/11/2024 Regulations

VCN - In draft of 1 law amending 7 laws in the financial sector, the Ministry of Finance proposed to amend the regulations on enforcement measures in tax administration in the Law on Tax Administration.

Customs procedures for import and export goods during system disruptions

15:11 | 07/11/2024 Regulations

VCN - When the electronic customs data processing system experiences a disruption, customs procedures for export and import goods, goods under customs supervision, and goods sent via express delivery will follow a separate set of procedures.

Your care

Latest Most read