Case of non-submission of final accounts

14:40 | 19/12/2016 Regulations Follow english.haiquanonline.com.vn on

VCN – The Customs Control and Supervision Department (General Department of Customs) has answered enterprises’ questions about whether or not to lodge final accounts of imported goods for production and operation.

truong hop khong phai nop bao cao quyet toan

Accordingly, the document clearly stated that, in cases where companies imported raw materials for production and trading (when importing, they used the code type A12- import for manufacturing and paid all taxes ), then using one-part for producing domestic consumer goods. Furthermore, one-part that is used to produce exported products, will attract imported tax refund for raw materials used to produce exported goods under Clause 1, Article 36 of Decree 134/2016/ND-CP of the Government dated 1-9-2016.

At the same time, enterprises doing this kind of business are not required to submit final accounts under Article 60 settlement of Circular 38/2015/TT-BTC of the Ministry of Finance.

By N.Linh/Thanh Thuy

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