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.
Related News
Ensure harmony of interests of “3 parties” when applying 5% VAT on fertilizers
08:54 | 30/10/2024 Regulations
Tax, fee, and land rent exemption, reduction, and deferral policies: a driving force for business recovery and growth
11:34 | 27/10/2024 Regulations
Applying tax on animal feed ingredient faces problems due to specialized regulations
10:17 | 21/10/2024 Regulations
How to handle export processing enterprises forgetting to open a corresponding import declaration
09:17 | 14/10/2024 Regulations
Latest News
"One law amending four laws" on investment to decentralize and ease business challenges
16:44 | 01/11/2024 Regulations
One law amending seven financial laws: New driving force for economic growth
16:34 | 01/11/2024 Regulations
Revamping commodity management and trade protection
11:26 | 26/10/2024 Regulations
Tax support policy is a "lift" for business bounceback
14:52 | 24/10/2024 Regulations
More News
VAT policy for on-the-spot imports
13:44 | 23/10/2024 Regulations
Ministry of Finance proposes to choose the option of reducing land rent by 30% in 2024
15:29 | 20/10/2024 Regulations
Ensuring reasonableness upon enforcement of regulations in "1 law amending 7 laws"
00:00 | 19/10/2024 Regulations
Ensuring global trade security requires cooperation, exchange and processing of information before the goods arrive
10:29 | 18/10/2024 Regulations
New regulations on foreign indirect investment in Vietnam drafted
13:46 | 15/10/2024 Regulations
Considering amending regulations on suspension from exit due to tax arrears
09:30 | 15/10/2024 Regulations
Food safety rules relaxed for emergency imports
10:58 | 12/10/2024 Regulations
Checking and reviewing the classification of exported copper
09:37 | 10/10/2024 Regulations
Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period
14:20 | 09/10/2024 Regulations
Your care
"One law amending four laws" on investment to decentralize and ease business challenges
16:44 | 01/11/2024 Regulations
One law amending seven financial laws: New driving force for economic growth
16:34 | 01/11/2024 Regulations
Ensure harmony of interests of “3 parties” when applying 5% VAT on fertilizers
08:54 | 30/10/2024 Regulations
Tax, fee, and land rent exemption, reduction, and deferral policies: a driving force for business recovery and growth
11:34 | 27/10/2024 Regulations
Revamping commodity management and trade protection
11:26 | 26/10/2024 Regulations