MOF answered many questions to enterprises

	The HCMC Customs removes many obstacles for Dutch companies
	Dialogue Customs – Business: Safe world trade regime for APEC
	APEC 2016: The Customs- Business Dialogue and the precedence for SMEs

Deputy Minister Vu Thi Mai directly talked with enterprises. Photo: T. H

Answering many questions

In addition to exchanging and assessing the efficiency of Customs and tax policies for business and production of enterprises over the past time and hosting the dialogue, the Deputy Minister also spent much time to talk and answer the questions to enterprises.

Regarding the Customs, questions on the preferential tax rate for C/O form D, temporarily imported goods for re-export, imported materials for export processing and manufacturing were answered fully and thoroughly by Deputy Director General of General Department of Vietnam Customs. Regarding the question of Viet Cuong Seafood Processing Import-Export JSC on frequent specialized inspection for imported cans used to pack seafood for testing, Mr. Vu Ngoc Anh explained that regulation on food safety inspection for imported goods was issued by the specialized management agency; the Customs was an enforcement agency and was not authorized to exempt enterprise from inspection. The Customs recognized this problem and would work with the specialized management agency.

Regarding the import and export procedures for a list of goods subject to Customs procedures at border gate, representative of Logistics Company Limited said that some temporarily imported goods for re-export subject to Customs procedure at border gate caused difficulties for the company. For example, a package of 100 gram, required to implement export procedure at air border gate, cost ten times more than sending by express courier. Mr. Vu Ngoc Anh shared that those shortcomings were being included in a draft amending ad supplementing Decree 08. Then, those contents were being improved and submitted to the Government and would come into force by 2018. While waiting for approval of the Decree, the company still followed the current regulations.

A representative of Vinamilk company put a question on the organizational board. Photo: T. H

Answering the question of Vinamilk Company on tax incentives for C/O form D, the Deputy Director General said that C/O incentives for on-spot import-export goods might comply with the conditions stipulated in Decree 129, only import goods from the non-tariff area into the inland would be entitled to preferential tariffs. Then, the Ministry of Finance was receiving opinions of enterprises on-spot import and export for amendment and supplement in accordance with the reality.

Enterprises should update new policies to avoid unnecessary errors

Some questions of enterprises at the dialogue on the field of tax showed that those enterprises had not paid attention to, updated and studied the new documents and policies, so they had made many unnecessary errors in the implementation. Therefore, Deputy Director General of Taxation Cao Anh Tuan noted that the days before, the General Department of Taxation had introduced and noted new provisions and amendments in the circulars developed by the General Department of Taxation and issued by the MOF for enterprises to access easily. So, the enterprises were requested to update frequently to avoid errors in the implementation.

In order enterprises to grasp and strictly implement new documents and policies, the Deputy Minister of Finance Vu Thi Mai required that enterprises should update and carefully study contents of new documents to implement, especially paid attention to new Decrees which were going to be issued in that time. In which, Decree 125 was officially promulgated and 10 FTAs would be issued in the following days, greatly affecting the business and production of enterprises.

At the dialogue, Mr. Cao Anh Tuan, represented for the Taxation, answered questions on the VAT, e-invoices, contractor tax, tax incentives for new investment projects and expanded investment projects. Regarding incentives for investment projects, a representative of Le Gia Design and Consultancy Company said that in 2008, the company‘s investment project in Long Xuyen Industrial Zone (Ba Ria – Vung Tau) was entitled to tax incentives. In 2016-2017 when the project was put into operation, the Ba Ria-Vung Tau Tax Department inspected the company and concluded that the company was not eligible for enjoying tax incentives for new investment project, because that was an expanded investment project but not a new investment project and because the company established its legal status before applying for the investment project. The company affirmed that the company had only one new investment project that was licensed by the Industrial Zone Management Board.

Positive changes from business dialogues VCN - Learning experience from dialogue meetings on policies and administrative procedures related to tax and Customs ...

Responding the question, Mr. Cao Anh Tuan stated that the company established in 2007, but until 2008 the project was established. Therefore, the decision of the Tax agency on not giving incentives was in line with regulations. However, listening the opinion of the company on that the company had only this one investment project, Mr. Cao Anh Tuan proposed the Vung Tau Tax Department to consider again, because enterprises founded in 2007 and had the project immediacy in 2008, which must be clarified and reported to the MOF for decision.