Instructions for bringing goods to storage at the request of the customs declarant

Instructions for bringing goods to storage at the request of the customs declarant

What documents must be lodged with the customs authority when bringing the goods to the storage location.
Handling administrative fines if failing to declare and pay VAT at the time of on-spot import

Handling administrative fines if failing to declare and pay VAT at the time of on-spot import

According to current regulations, on-spot importers who fail to declare and pay value-added tax at the time of carrying out the on-spot import of goods for export production will be administratively sanctioned.
Businesses recommend procedures to support cross-border e-commerce development

Businesses recommend procedures to support cross-border e-commerce development

VCN - The Ministry of Finance (General Department of Customs) has developed and submitted to the Government a Decree on customs management for imports and exports transacted via e-commerce. While waiting for the issuance of the decree, businesses have rai
Formulating new Export Tariff schedule and Preferential Import Tariff schedule

Formulating new Export Tariff schedule and Preferential Import Tariff schedule

The Ministry of Finance announced the draft report on the draft Decree of Export Tariff schedule and Preferential Import Tariff schedule and a list of commodities
Solving problems with declarations about on-spot import for export production

Solving problems with declarations about on-spot import for export production

VCN - Facing problems of local customs units about applying the customs regime for declarations about on-spot import for export production, the General Department of Customs gave specific instructions.
Steel cable products are not entitled to VAT reduction

Steel cable products are not entitled to VAT reduction

VCN – Facing the proposal for guidance from Rita Vietnam Industry JSC regarding value-added tax (VAT) policy for imported goods under Decree 15/2022/ND-CP, the General Department of Customs said, based on current regulations, steel cable products are not
Temporary solution to solve problems in quality inspection for aquatic feed

Temporary solution to solve problems in quality inspection for aquatic feed

VCN - Due to the inconsistency in applying the policy on quality inspection for aquatic feed ingredients, both businesses and Customs are facing problems.
Guidance on new C/O form D

Guidance on new C/O form D

The General Department of Vietnam Customs has guided local customs departments on documents of certificate of origin form D (C/O form D) granted from May 1, 2022.
Instructions for applying customs regime when transferring materials from one contract to another

Instructions for applying customs regime when transferring materials from one contract to another

VCN - According to the guidance of the General Department of Customs, in case an enterprise transfers raw materials and supplies from one processing contract to another, the customs regime E54 should be used.
Revising regulations on making separate invoices for goods entitled to VAT reduction

Revising regulations on making separate invoices for goods entitled to VAT reduction

VCN - The Ministry of Finance is proposing to amend Clause 4, Article 1 of Decree 15/2022/ND-CP to create conditions for businesses to implement the value-added tax (VAT) reduction policy.
Guide the use of customs regime for import and export goods

Guide the use of customs regime for import and export goods

VCN - The General Department of Customs has guided local customs departments on many contents related to the use of the customs regime according to Decision 1357 dated May 8, 2021 of the General Department of Customs.
VAT not levied on damaged rental or borrowed goods that have been destroyed

VAT not levied on damaged rental or borrowed goods that have been destroyed

VCN - According to the General Department of Customs, in the process of using leased or borrowed goods, if the goods are damaged and ineligible for re-export, required for destruction, and went through the destruction procedures according to regulations,
Post-clearance audit to review the use of duty-free goods

Post-clearance audit to review the use of duty-free goods

VCN – According to regulations, the customs agency where the notice of the duty-free list shall review the use of the goods at the head office of the project owner in accordance with risk management principle, post-clearance audit orders and procedures.
Export production goods will not eligible for tax exemption if they are in-country imported between two domestic enterprises

Export production goods will not eligible for tax exemption if they are in-country imported between two domestic enterprises

Article 16 of the Law on Import and Export Duties only stipulates that tax exemption will be applied for raw materials, supplies, and components imported for export production.
Questions answered on procedures for goods in e-commerce transactions

Questions answered on procedures for goods in e-commerce transactions

VCN - The General Department of Customs has answered questions on customs procedures for goods in e-commerce transactions, and provided updated information about orders, and transportation of goods of member enterprises of the European Chamber of Commerce
Export processing enterprises must meet inspection and supervision conditions before April 25

Export processing enterprises must meet inspection and supervision conditions before April 25

VCN - In order to avoid problems related to the application of tax policies on free tax zone (FTZ) after the effective date of Decree 18/2021 of the Government (April 25, 2022) for export processing enterprises (EPEs), the Customs is actively urging enter
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Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

GDVC has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry
Small, low-value items imported on e-commerce platforms should be taxed

Small, low-value items imported on e-commerce platforms should be taxed

Millions of packages of small, low-value items that are crossing the border into Vietnam daily should be subjected to VAT, special consumption and environmental taxes, according to industry experts and domestic e-commerce sellers.
Customs finds difficulties because there is no e-cigarette management policy

Customs finds difficulties because there is no e-cigarette management policy

VCN - E-cigarette products are invading and being used more and more commonly in our country, especially among young people, teenagers, and students. Meanwhile, there is currently no management policy for this item, making it difficult for Customs to determine violations and apply sanctions.
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
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