One more “VIP” is extended for applying the preferential regime by General Department of Vietnam Customs
Source: Internet |
The extension of the preferential regime shall comply with the Circular No. 72/2015/TT-BTC of Ministry of Finance stipulating the application of preferential regimes in the implementation of customs procedures, inspection and customs supervision for imported - exported goods of the enterprise.
Accordingly, the duration of applying preferential regime for Samsung SDI Vietnam Co, Ltd., is 3 years (since 9/10/2018).
Previously, the General Department of Vietnam Customs extended the preferential regime for three companies, namely Vinh Hoan Joint Stock Company, Tien Tien Garment Joint Stock Company and Garment 10 Corporation (Garco 10).
Specifically, the duration of applying the preferential regime is 3 years for Vinh Hoan Corporation and Tien Tien Garment Joint Stock Company since 14/9/2018, and for Garment 10 Corporation is since 16/9/2018.
According to the General Department of Vietnam Customs, the preferential regime extension for enterprises has facilitated enterprises to continue enjoying many benefits such as exemption from inspection of documents, solving to clear goods by incomplete declaration, exemption from physical inspection of goods, not subject to post-clearance audit at the head office of the enterprise, and given priority in customs procedures.
In order to be eligible for preferential treatment, enterprises must abide by the law on customs and tax law. In that, within two years from the time the enterprise sent dossier for requesting recognition of AEO and they do not violate the provisions of the tax and customs legislation.
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