GDVC instructs on importing goods as promotional gifts

By Ngoc Linh/Ngoc Loan

10:01 | 18/08/2022 Regulations Follow english.haiquanonline.com.vn on

VCN – The General Department of Vietnam Customs (GDVC) has instructed enterprises on importing goods as promotional gifts.

	GDVC’s Director General Nguyen Van Can meets US Customs Attaché
	Northern Anti-Smuggling Enforcement Unit focuses on handling violations

GDVC instructs on importing goods as promotional gifts

Officers of Bac Ninh Customs Branch at work. Photo: N.L

Earlier, Partron Vina Co., Ltd asked in order to promote product consumption due to the impact of the Covid-19 pandemic, the company is going to import products to use as promotional gifts attached to export products for foreign customers.

Responding to the question of the company, the General Department of Vietnam Customs said that the import of finished products to attach to export products will comply with provisions in Article 54 of Circular 38/2015/TT-BTC dated March 25 2015 (amended and supplemented in Clause 34, Article 1 of Circular 39/2018/TT-BTC dated April 20, 2018 of the Ministry of Finance), saying that raw materials/supplies imported for inward processing or manufacturing of domestic exports include imported finished products attached to exported products, packed together with exported products that are made of imported raw materials/supplies, or packed together with products that are made of raw materials/supplies bought inland or self-supplied by the exporter to create full packs to be exported.

Regarding the HS code, the company must register a declaration under regime E11 in accordance with the HS code table and instructions issued together with Decision 1357/QD-TCHQ dated May 18, 2021 of the General Department of Customs.

Regarding tax policy, the company must comply with provisions of Point d, Clause 1, Article 10; Point b, Clause 1, Article 12 of the Government Decree 134/2016/ND-CP dated September 1, 2016 (amended and supplemented in Decree 18/2021/ND-CP dated April 25, 2021).

By Ngoc Linh/Ngoc Loan

Tags:

Related News

Hai Phong Customs’ revenue rises about VND 1,000 billion

14:52 | 14/02/2025 Customs

VCN- In the first month of the year, Hai Phong Customs' revenue increased by nearly VND1,000 billion.

Import and export turnover reaches about US$29 billion in the second half of January 2025

14:52 | 14/02/2025 Import-Export

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.

GDVC sets goal of widely disseminating Customs policies

07:49 | 12/02/2025 Customs

VCN – The General Department of Vietnam Customs (GDVC) has issued a plan to disseminate and educate the law; and support and provide information in 2025.

State revenue in first month of the year equal to 14% of the estimate

10:12 | 11/02/2025 Finance

VCN - According to the Ministry of Finance, in January - the first month of 2025, the total state budget revenue is estimated at VND275.9 trillion, equal to 14% of the estimate; meanwhile, the total state budget expenditure is estimated at VND134.4 trillion.

Latest News

Consulting on customs control for e-commerce imports and exports

14:50 | 14/02/2025 Regulations

VCN- The General Department of Vietnam Customs (GDVC) consults widely on the draft Decree regulating customs control for e-commerce imports and exports.

Flexible tax policy to propel Việt Nam’s economic growth in 2025

14:14 | 06/02/2025 Regulations

The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.

Brandnew e-commerce law to address policy gaps

18:44 | 29/01/2025 Regulations

The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.

From January 1, 2025: 13 product codes increase export tax to 20%

14:23 | 29/12/2024 Regulations

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.

More News

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

13:46 | 28/12/2024 Regulations

VCN – According to the Export Tariff issued with Decree 26/2023/ND-CP, the tax rates of 13 commodity codes will increase to 20% from January 1, 2025.

Proposal to reduce 30% of land rent in 2024

14:58 | 25/12/2024 Regulations

VCN - The Ministry of Finance has finalized a draft Government Decree outlining the reduction of land rent for 2024. The draft is currently under review by the Ministry of Justice before being submitted to the Government for approval.

Resolve problems related to tax procedures and policies for businesses

13:54 | 22/12/2024 Regulations

VCN - Immediately after the end of the Dialogue Conference between the Ministry of Finance and enterprises on tax and customs policies and administrative procedures in 2024, the General Department of Customs proactively removed obstacles related to tax procedures and policies for the business community.

New regulations on procurement, exploitation, and leasing of public assets

09:17 | 15/12/2024 Regulations

VCN - Decree No. 114/2024/ND-CP, which amends and supplements certain articles of Decree No. 151/2017/ND-CP detailing the implementation of the Law on Management and Use of Public Assets, introduces significant changes. These include updates on authority, methods of asset exploitation in agencies and units, plans for leasing, joint ventures, and partnerships in public service units, as well as centralized procurement procedures.

Actively listening to the voice of the business community

09:39 | 12/12/2024 Customs

VCN - Recognizing the Customs-business relationship as a long-term partnership, the Customs authority has organized hundreds of dialogues with businesses since the beginning of the year. These efforts aim to promptly address challenges, resolve obstacles, and facilitate import-export activities. Such meetings offer an opportunity for the Customs authority and the business community to exchange, share insights, and find solutions to enhance operational quality and efficiency.

Step up negotiations on customs commitments within the FTA framework

09:44 | 08/12/2024 Regulations

VCN - Promoting negotiations on customs commitments within the framework of free trade agreements (FTAs) plays an important role in facilitating import and export activities. These commitments not only help optimize the customs clearance process but also minimize costs and risks for businesses, opening up great opportunities for Vietnamese goods to access deeper into the international market.

Proposal to amend regulations on goods circulation

13:45 | 06/12/2024 Regulations

VCN - To perfect the policy on customs procedures, inspection and supervision, enterprises and associations have contributed many ideas from practical activities. Thereby, the Drafting Committee (General Department of Customs) has more perspectives to build policies to meet the goal of facilitating trade and ensuring state management of customs.

Review of VAT exemptions for imported machinery and equipment

10:31 | 05/12/2024 Regulations

VCN - The General Department of Vietnam Customs has directed provincial and municipal customs departments to review, inspect, and address issues related to the implementation of VAT exemption policies for specialized machinery and equipment used in agricultural production.

Customs tightens oversight on e-commerce imports

13:39 | 04/12/2024 Regulations

VCN - The General Department of Vietnam Customs has issued new directives to enhance the management of imported goods transacted through e-commerce platforms, addressing ambiguities and ensuring consistent enforcement across provincial and municipal customs departments.

Your care

Latest Most read