FDI enterprises are instructed to use List of goods exempt from tax
![]() |
Customs officers of Investment Customs Branch instruct procedures for enterprises. Photo: T.H |
According to Deputy Manager of Investment and Processing Customs Branch Nguyen Thi Thanh Hang, pursuant to Point 15, Article 1, Decree No.18/2021/NĐ-CP of the Government dated March 11, 2021 on supplementing and amending Article 30, Decree No.134/2016/NĐ-CP of the Government stipulating the responsibility of project managers in the use of duty-free goods and announce the situation of using duty-free goods under the List of goods exempt from tax; pursuant to the provisions of Point c.1, Point c.2 Clause 1 Article 5 of Decision No. 3394/QD-TCHQ dated December 31, 2021 of the General Department of Vietnam Customs on stopping the use of the List of goods exempt from tax, the Investment and Processing Customs Branch has systematized many important contents to guide enterprises in implementation.
Accordingly, for the List of goods exempt from tax whose import term has expired (the estimated time limit for ending importation was registered at the time of registration to the List), it is no longer valid for implementing customs procedures for those projects.
If the project continues to operate, the enterprise is requested to send a notice of the termination of importation of goods on the list of goods exempt from tax, and commit to using of the imported goods for the right purposes as prescribed by law and return the original deduction monitoring sheet to the Investment Customs Branch.
Annually, within 90 days from the end of the fiscal year, the enterprise shall notify the use of duty-free goods in the fiscal year to the Investment Customs Branch until the entire project is terminated or the goods have been re-exported out of Vietnam or when the goods are changed to domestic consumption or destroyed.
Failure to submit the notice of use of duty-free goods within the prescribed time limit will result in an administrative penalty according to Point b, Clause 3, Article 7 of Decree No. 128/2020/ND-CP dated October 19, 2020 of the Government on the sanction of administrative fines in the field of customs.
Related News

Ba Ria-Vung Tau Customs solve many procedural problems related to raw materials
10:45 | 27/11/2023 Customs

Digitizing documents posted at Da Nang Port Border Gate Customs Branch
10:32 | 01/11/2023 Customs

The successful organization of the conference will strengthen the strategic political position of Vietnam Customs in the region and the world
08:28 | 08/10/2023 Customs

Used electronic components or waste?
14:52 | 10/09/2023 Regulations
Latest News

It is necessary to adjust the special consumption tax on harmful goods to health
14:41 | 04/11/2023 Regulations

Amend Corporate Income Tax to implement Pillar 2 of global minimum tax
15:37 | 30/10/2023 Regulations

Why does Lang Son propose to stop the pilot on importing medicinal materials through Chi Ma border gate?
09:46 | 27/10/2023 Regulations

Tighten compliance with legal regulations on price appraisal
10:30 | 30/09/2023 Regulations
More News

Reasons for ups and downs of land rent
11:34 | 03/09/2023 Regulations

Many proposals of seafood enterprises on VAT refund have been answered by the Ministry of Finance
14:52 | 31/08/2023 Regulations

Export procedures for imported origin goods
10:34 | 25/08/2023 Regulations

Criteria "Made in Vietnam" has not been issued for 5 years
10:12 | 15/08/2023 Regulations

Regulations on tax debt relief for enterprises that have fled or gone missing
10:50 | 09/08/2023 Regulations

Be concerned about hindering cooperation when limiting deposits at people's credit fund
14:43 | 04/08/2023 Regulations

Two new regulations on financial activities to take effect from August
14:27 | 24/07/2023 Regulations

Instruct customs declaration in case of submitting additional C/O of imported petroleum products
11:38 | 19/07/2023 Regulations

Ministry proposes new electricity tariffs
15:52 | 12/07/2023 Regulations
Your care

It is necessary to adjust the special consumption tax on harmful goods to health
14:41 | 04/11/2023 Regulations

Amend Corporate Income Tax to implement Pillar 2 of global minimum tax
15:37 | 30/10/2023 Regulations

Why does Lang Son propose to stop the pilot on importing medicinal materials through Chi Ma border gate?
09:46 | 27/10/2023 Regulations

Tighten compliance with legal regulations on price appraisal
10:30 | 30/09/2023 Regulations

Used electronic components or waste?
14:52 | 10/09/2023 Regulations