Instruct customs declaration in case of submitting additional C/O of imported petroleum products
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The General Department of Vietnam Customs (GDVC) has instructed local customs departments on the declaration for additional submission of C/O for imported petroleum products.
Accordingly, as per Article 3 of Circular 104/2021/TT-BTC dated November 18, 2021, of the Ministry of Finance guiding the method of determining the constituents in base petrol and oil price formula, and Article 12 of Circular No. 33/2023/TT-BTC dated May 31, 2023, guiding the determination of origin of exported and imported goods, the GDVC requests local Customs departments to instruct declarants in customs clearance for imported petroleum shipments subject to special preferential import tax rates.
Specifically, if the Customs declarant has not yet submitted the C/O at the time of carrying out customs procedures to apply the special preferential tax rate within the framework of the Free Trade Agreement acceded by Vietnam, the Customs declarant will declare additional submission of the C/O on e-declaration under the instructions in the Appendix issued together with Circular No. 39/2018/TT-BTC.
When submitting the additional C/O, the customs declarant will declare the C/O on an additional declaration after customs clearance as per Article 11 of Circular No. 33/ 2023/TT-BTC.
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