Chile officially issues electronic C/O form VC from November 1, 2024

By Ngoc Linh/ Huyen Trang

20:39 | 17/09/2024 Regulations Follow english.haiquanonline.com.vn on

VCN - The General Department of Customs has just sent a notice to the local customs departments related to electronic Certificate of Origin (C/O) in the Vietnam - Chile Free Trade Agreement (FTA)

	Enhancing the effectiveness of e-C/O exchange, creating a favorable business environment
	Binh Phuoc Customs answered questions about duties and C/O
	362,000 C/O form AK and VK/KV are received via EODES system

Operations of Hanoi Customs Department officials. Photo: N.Linh

Previously, the competent authority of Chile announced via email that Chile will issue electronic C/O for goods exported from Chile to Vietnam under the Vietnam - Chile Free Trade Agreement (FTA) (VCFTA Agreement).

Accordingly, the General Department of Customs specifically notified the local customs departments. Regarding the electronic C/O form VC, the competent authority of Chile will pilot the issuance of electronic C/O from September 10, 2024 to October 31, 2024; paper copies of C/O form VC is only issued in special cases. From November 1, 2024, Chile will officially issue electronic C/O form VC.

Regarding checking information of VC form, the Customs authority scans the QR code on the C/O or accesses electronic information according to the search document to check information of the electronic C/O form VC.

By Ngoc Linh/ Huyen Trang

Tags:

Related News

Promoting the role of customs IT systems in trade development in Vietnam

14:17 | 25/10/2024 Customs

VCN – Given many efforts in the reform and modernization process, the Customs sector has been assessed by the Government, ministries, agencies and the business community as the leading agency in the central ministries and agencies in implementing information technology (IT) applications, meeting management requirements and facilitating trade development in Vietnam. Customs Magazine had an interview with Associate Professor, Dr. Le Xuan Truong, Head of the Faculty of Taxation and Customs, Academy of Finance on this issue.

Lao Cai Railway Customs ensures smooth customs clearance

09:33 | 18/09/2024 Customs

VCN - The leader of Lao Cai International Railway Station Customs Branch (Lao Cai Customs Department) said that the unit ensures customs clearance of goods after the Hanoi - Lao Cai railway line is restored.

Saigon Post and Telecommunication forced to suspend customs procedures for 1 year for tax debts

09:33 | 18/09/2024 Anti-Smuggling

VCN - With overdue tax debt of nearly VND31 billion, Saigon Post and Telecommunication Services JSC (SPT) was forced to suspend import and export procedures for 1 year.

Ho Chi Minh City Customs: Focusing on solutions to collect state budget in the last months of the year

10:12 | 19/09/2024 Customs

VCN - State budget revenue has increased in recent months, but there are still many difficulties in revenue sources. Ho Chi Minh City Customs Department is focusing on solutions to collect budget in the last months of the year.

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.

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.

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.

Your care

Latest Most read