Rate of imported goods for export production sent to an outsourcing enterprise is not stipulated

By Ngoc Linh/Ngoc Loan

08:55 | 28/11/2021 Regulations Follow english.haiquanonline.com.vn on

VCN – Decree 18/2021/ND-CP does not stipulate the percentage of imported goods for export production that are sent to an outsourcing enterprise.

	Fear of raw material shortage for export production
	General Department of Vietnam Customs instruct Decree 18 for over 200 enterprises
	Decree 18/2021/ND-CP specifying tax incentives for processing activities, export production

Rate of imported goods for export production sent to an outsourcing enterprise is not stipulated

Officers of HCM City Customs Department inspect imported materials. Photo: Thu Hoa

Pys Vietnam Technology Co., Ltd asked the General Department of Vietnam Customs (GDVC) about the company sending imported materials for export production to an outsourcing enterprise and receive finished products for export, whether the company is eligible for tax exemption. And if are there any regulations on the percentage of imported goods for export production sent to an outsourcing enterprise.

Regarding this question, the GDVC says that Clause 6, Article 1 of Decree 18/2021/ND/CP does not stipulate the percentage of imported goods for export production that are sent to an outsourcing enterprise.

The GDVC cites Article 12 in Decree 134/2016/ND-CP amended and supplemented in Clause 6, Article 1 of Decree 18/2021/ND-CP as saying that if the domestic enterprise imports goods for export production and then sends them and semi-finished products to an outsourcing enterprise in the non-tariff zone as per point a.1, a.2, a.3 of Clause 2 Article 12, it will be exempted from export duty.

The outsourced goods in non-tariff zones must be taxable when they are imported to the domestic market according to Clause 2, Article 22 of Decree 134/2016/ND-CP and instructions in the GDVC’s Official Letter 3634 dated July 19.

By Ngoc Linh/Ngoc Loan

Tags:

imported goods export production outsourcing enterprise

Related News

Businesses anticipate new policies on customs procedures and supervision

15:41 | 29/11/2024 Regulations

VCN - With this year’s import-export turnover estimated at nearly US$800 billion and forecasting to surpass this milestone next year, the business community holds high expectations for upcoming amendments and supplements to customs management, procedures, and supervision policies. These changes are expected not only to facilitate trade but also to enhance state management efficiency and support economic development.

Significant changes ahead in the management of processing, export production, and export processing enterprises

13:47 | 28/11/2024 Customs

VCN - The management of goods in the processing, export production (EP), and export processing enterprise (EPE) sectors will undergo significant changes in customs procedures, aiming to streamline operations and create more favorable conditions for businesses.

Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

13:54 | 15/11/2024 Regulations

VCN - The Ministry of Finance said that the abolition of regulations on tax exemption for imported goods valued at less than VND1 million must comply with international practices in the context of the growing trend of cross-border e-commerce activities.

Ensuring fairness between domestically produced goods and imported goods

14:20 | 06/11/2024 Import-Export

VCN - Mr. Chu Thang Trung, Deputy Director of the Trade Remedies Authority, Ministry of Industry and Trade, shared about the application of trade remedies measures to protect domestic production and some solutions in the coming time.

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