CIC shall not be added to Customs value after goods are imported
44 fees transferred into service pricing mechanism from 1 January 2017 | |
CIC not added to Taxable value, Viettel punished nearly 60 million vnd | |
Land for irrigation and transportation: Free of charge |
Customs operation at CaiLan- QuangNinh Customs Branch. Photo: T.T |
This is the response by the Import and Export Duty Department (under the General Department of Vietnam Customs) to LG Electronics Vietnam-Hai Phong Co., Ltd, on CIC.
Specifically, the representatives of Import and Export Duty Department said that as per instruction in Official Letter 3581/TCHQ-TXNK dated June 20 2018, and Official Letter 5475/TCHQ-TXNK dated September 20 2018, by the General Department of Vietnam Customs on Customs valuation, the CIC for importers arises after the goods are imported and is not related to the import shipment for Customs valuation, therefore, it is not subject to additions to Customs value of the shipment.
Previously, on October 23, 2018, the Import and Export Duty Department issued Official Letter 6937/TXNK-TGHQ to answer LG Electronics Vietnam-Hai Phong Co., Ltd, on this issue. Accordingly, the freight and other costs related to the transportation of goods to the first entry border gate shall be additions to the taxable value (excluding cost of loading and discharging from the means of transport to the first entry border gate) if these costs are subject to additions as prescribed in Point g, Clause 2 Article 13 of Circular 39/2015/TT-BTC dated March 25 2015, of the Ministry of Finance, and meet conditions specified in Clause 1, Article 13 of Circular No. 39/2015 / TT-BTC.
Leader of Import and Export Duty Department responds to regulation of adding CIC fee, Cleaning Container fee and D/O into Customs valuation VCN- Talking with the correspondent of Customs Newspaper on the regulation of adding CIC fee, Cleaning Container ... |
The first entry border gate for seaway or airway transportation shall be the port of loading stated in the bill of lading as prescribed in Clause 8 Article 1 of Decree 59/ 2018/ND-CP dated April 20 2018.
Basing on these regulations, the freight and costs related to the transportation of goods which are paid for activities arising after the goods are imported to the first entry border gate, or arising costs at the first entry border gate which do not meet conditions as prescribed in Clause 1 Article 13 of Circular 3939/2015/TT-BTC, shall not be added to Customs value.
Related News
Arrested an illegal immigrant transporting drugs from Cambodia to Vietnam
10:21 | 27/03/2024 Anti-Smuggling
Propose to extend customs clearance time across La Lay International Border Gate
10:24 | 27/03/2024 Customs
Hai Phong and Quang Ninh Customs Departments promote cooperation
09:49 | 26/03/2024 Customs
Noi Bai Customs Branch gathers information to prevent gold smuggling
15:53 | 25/03/2024 Anti-Smuggling
Latest News
Can Tho City Customs Department’s revenue increases by 85%
09:52 | 28/03/2024 Customs
Off – Airport Cargo Terminal facilitates import and export enterprises
09:49 | 28/03/2024 Customs
Quang Tri Customs makes great effort to foster imports and exports across area
09:48 | 28/03/2024 Customs
Director of HCM City Customs Department Dinh Ngoc Thang is appointed Deputy Director General of Vietnam Customs
14:48 | 27/03/2024 Customs
More News
Imported goods increased, customs clearance was slow at Huu Nghi international border gate
10:23 | 27/03/2024 Customs
Pilot customs clearance for passengers using passports and entry and exit permits across Bac Luan II Bridge
10:21 | 27/03/2024 Customs
HCM City: Export production and processing enterprises drop sharply
10:16 | 25/03/2024 Customs
Lang Son Customs faces difficulties in tax debt recovery
15:42 | 24/03/2024 Customs
Bac Ninh Customs held a dialogue with over 200 import and export business
10:52 | 23/03/2024 Customs
250 import-export businesses dialogue with Hai Phong City People's Committee
14:06 | 22/03/2024 Customs
Vietnam Customs plays important role in ASEAN Customs community
10:02 | 22/03/2024 Customs
Quang Ninh Customs: Striving to promote imports and exports
16:00 | 21/03/2024 Customs
Lang Son Finance, Tax and Customs agencies needs to proactively capture information to develop the border gate economy
15:59 | 21/03/2024 Customs
Your care
Can Tho City Customs Department’s revenue increases by 85%
09:52 | 28/03/2024 Customs
Off – Airport Cargo Terminal facilitates import and export enterprises
09:49 | 28/03/2024 Customs
Quang Tri Customs makes great effort to foster imports and exports across area
09:48 | 28/03/2024 Customs
Director of HCM City Customs Department Dinh Ngoc Thang is appointed Deputy Director General of Vietnam Customs
14:48 | 27/03/2024 Customs
Propose to extend customs clearance time across La Lay International Border Gate
10:24 | 27/03/2024 Customs