Conditions for products processed from imported minerals to enjoy a 0% VAT rate
Uniform classification of agricultural machines | |
The State Audit: Public debts remain within the acceptable level | |
Can export processing enterprises liquidate assets in the form of scrap metal? |
Some products processed from imported minerals shall enjoy a 0% VAT rate. |
According to Hanoi Department of Taxation, when exporting products processed from imported minerals, enterprises shall enjoy a 0% VAT rate if they meet the following conditions: For exported goods, they must present sales contract or processed goods contract or authorized contract; payment records through banks and other documents prescribed by the law; and Customs declarations under current regulations.
During VAT declaration period (monthly or quarterly), if enterprises have exported goods and services processed from imported minerals with a deductible input VAT of 300 million vnd or more, they shall enjoy a VAT refund monthly or quarterly. In the case of a deductible input VAT of less than 300 million vnd, they shall enjoy a VAT refund in the next month or the next quarter.
Ha Noi prevents purchasing and selling of invalid invoices VCN- Tax fraud via purchasing and selling invalid invoices is taking place with more and more complicated ... |
In the case where goods and services are both for export and domestic consumption, after balancing the amount of payable tax, if a deductible input VAT of 300 million vnd or more, enterprises shall enjoy a VAT refund according to the provisions in Government Decree No. 100/2016 / ND-CP on July 1, 2016.
Related News
Promoting agricultural exports to the Japanese market
13:55 | 22/12/2024 Import-Export
Latest News
Resolve problems related to tax procedures and policies for businesses
13:54 | 22/12/2024 Regulations
New regulations on procurement, exploitation, and leasing of public assets
09:17 | 15/12/2024 Regulations
Actively listening to the voice of the business community
09:39 | 12/12/2024 Customs
Step up negotiations on customs commitments within the FTA framework
09:44 | 08/12/2024 Regulations
More News
Proposal to amend regulations on goods circulation
13:45 | 06/12/2024 Regulations
Review of VAT exemptions for imported machinery and equipment
10:31 | 05/12/2024 Regulations
Customs tightens oversight on e-commerce imports
13:39 | 04/12/2024 Regulations
Bringing practical experience into customs management policy
13:48 | 03/12/2024 Regulations
Businesses anticipate new policies on customs procedures and supervision
15:41 | 29/11/2024 Regulations
Do exported foods need iodine supplementation?
11:06 | 29/11/2024 Regulations
Amendments to the Value-Added Tax Law passed: Fertilizers to be taxed at 5%
13:43 | 28/11/2024 Regulations
Proposal to change the application time of new regulations on construction materials import
08:52 | 26/11/2024 Regulations
Ministry of Finance proposed to reduce VAT by 2% in the first 6 months of 2025
09:00 | 24/11/2024 Regulations
Your care
Resolve problems related to tax procedures and policies for businesses
13:54 | 22/12/2024 Regulations
New regulations on procurement, exploitation, and leasing of public assets
09:17 | 15/12/2024 Regulations
Actively listening to the voice of the business community
09:39 | 12/12/2024 Customs
Step up negotiations on customs commitments within the FTA framework
09:44 | 08/12/2024 Regulations
Proposal to amend regulations on goods circulation
13:45 | 06/12/2024 Regulations