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What conditions are exempt from import duty on goods for export production?

What conditions are exempt from import duty on goods for export production?

27/11/2021 09:57 Regulations

General Department of Vietnam Customs gave an answer to a question from the Tobacco Import-Export Company regarding tax exemption for imported raw materials for the production of export goods
No basis to affirm that silicon steel is not subject to anti-dumping duty

No basis to affirm that silicon steel is not subject to anti-dumping duty

25/11/2021 14:13 Regulations

According to Official Letter No. 136/PVTM-P1, General Department of Vietnam Customs has no basis to confirm that silicon steel is not subject to anti-dumping duty.
Unify goods classification for fish oil, EFA/DHA, omega supplements

Unify goods classification for fish oil, EFA/DHA, omega supplements

24/11/2021 20:30 Regulations

The General Department of Vietnam Customs has requested provincial Customs Departments to check dossiers and documents to unify the classification of goods for fish oil
Extension of time for physical inspection of goods to be no more than two days

Extension of time for physical inspection of goods to be no more than two days

24/11/2021 12:29 Regulations

In case the consignment has a large quantity, variety of categories or the inspection is complicated, the manager of the Customs Branch shall decide to extend the time for physical inspection of goods
Reviewing problems to support businesses affected by the Covid-19 pandemic

Reviewing problems to support businesses affected by the Covid-19 pandemic

21/11/2021 10:49 Regulations

VCN - The Ministry of Finance (General Department of Customs) promptly implemented solutions and policies related to customs inspection and supervision to support businesses during the Covid-19 pandemic.
Decree 18: Meeting the requirements of tax administration, creating favorable conditions for taxpayers

Decree 18: Meeting the requirements of tax administration, creating favorable conditions for taxpayers

19/11/2021 12:30 Regulations

VCN - Decree 18/2021/ND-CP (Decree 18) took effect from April 25, 2021 amending and supplementing a number of articles of the Government's Decree 134/2016/ND-CP (Decree 134) detailing a number of articles and measures to implement the Law on Import Tax an
State Treasury to receive documents online 24 hours a day

State Treasury to receive documents online 24 hours a day

10:16 | 15/11/2021 Regulations

VCN - The Ministry of Finance has just issued Circular 87/2021/TT-BTC regulating online transactions in the operations of the State Treasury.
Removing difficulties in VAT refund for investment projects

Removing difficulties in VAT refund for investment projects

20:14 | 10/11/2021 Regulations

VCN – The Ministry of Finance is submitting to the Government on issuing a Resolution to remove difficulties in valued added tax (VAT) refund for investment projects, especially large capital-intensive projects.
Customs actively implements tax exemption policy for enterprises

Customs actively implements tax exemption policy for enterprises

10:32 | 03/11/2021 Regulations

The Customs authority has advised and proposed many solutions to tackle the Covid-19 pandemic that timeliness has been recognized and highly appreciated the efforts by the community
MoF proposing 50% registration fee cut for domestically assembled and produced cars

MoF proposing 50% registration fee cut for domestically assembled and produced cars

20:07 | 29/10/2021 Regulations

VCN – The Ministry of Finance (MoF) has announced consultation on a draft Decree on registration fees for car, trailers and semi-trailers and similar vehicles which are manufactured domestically.
Crops and livestock at risk will be supported by agricultural insurance

Crops and livestock at risk will be supported by agricultural insurance

13:43 | 29/10/2021 Regulations

The Ministry of Finance has just announced it will collect feedback about the draft Decision on the implementation of support policies of agricultural insurance.
Vietnam Government issues special preferential import tariff to implement Vietnam-Laos Trade Agreement

Vietnam Government issues special preferential import tariff to implement Vietnam-Laos Trade Agreement

08:36 | 23/10/2021 Regulations

VCN – The Decree stipules that imports originating from Laos, except for imports in the list of goods specified in Annex I, Annex II and Annex III, will be subject to special preferential import tax rate of 0% if they satify the conditions.
Instructions on accounting for non-budget state financial funds

Instructions on accounting for non-budget state financial funds

10:55 | 22/10/2021 Regulations

VCN - The Ministry of Finance has issued Circular 90/2021/TT-BTC providing instructions on accounting applicable to off-budget funds.
Supervise aviation fuel temporarily imported for re-export

Supervise aviation fuel temporarily imported for re-export

19:54 | 20/10/2021 Regulations

VCN – October 6, the Government issued Resolution 124 extending the deadline of storing aviation fuel temporarily imported for re-export.
Handling imported cars of entities eligible for immunities and privileges which have not been transferred

Handling imported cars of entities eligible for immunities and privileges which have not been transferred

10:06 | 20/10/2021 Regulations

VCN – The General Department has issued a document to guide local customs departments on handling cars in warehouses under Decision 14/2021/QD-TTg of the Prime Minister on temporary import, re-export, destruction and transfer of cars and motorbikes of ent
Regulating value-added tax refund for investment projects in exploiting natural resources and minerals

Regulating value-added tax refund for investment projects in exploiting natural resources and minerals

19:57 | 15/10/2021 Regulations

The Ministry of Finance proposes regulating more clearly VAT refunds for investment projects exploiting natural resources and minerals.
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Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

17:09 | 14/04/2024 Regulations

The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report to National Assembly for consideration and allowing to implementing in the second half of 2024.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

10:33 | 13/04/2024 Regulations

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and e
No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

09:09 | 11/04/2024 Regulations

The Ministry of Finance has responded to the suggestions of VAMA regarding the adjustment of reducing automobile volume to apply a tax rate of 0% for imported components and spare parts used for manufacturing automobile
Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

09:31 | 10/04/2024 Regulations

VCN - Enterprises exporting cinnamon essential oil are facing difficulties due to regulations on pharmaceutical trading of the Ministry of Health, leading to hundreds of tons of essential oil being left in stock in raw material areas.
Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

20:09 | 07/04/2024 Regulations

The Ministry of Trade and Industry issued Circular 05/2024/TT-BCT regulating the temporary suspension of temporary import and re-export of Monazite ores and ore concentrates business.
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