Strictly control goods in transit, temporarily imported goods for re-export, goods deposited in bonded warehouses to prevent fraud

Strictly control goods in transit, temporarily imported goods for re-export, goods deposited in bonded warehouses to prevent fraud

VCN - The GDVC directs that the temporarily imported goods for re-export and goods transported from bonded warehouses to the exit border gate to export to foreign countries across border gates must be re-exported across international or main border gates.
What are the conditions to exempt tax for importing goods from bonded warehouse to inland to export?

What are the conditions to exempt tax for importing goods from bonded warehouse to inland to export?

To enjoy import duty exemption and VAT exemption, the bonded warehouse must satisfy the condition as stipulated in Law on export and import duties; law on foreign trade management and other legal documents
Destroyed goods in bonded warehouses not required to declare for tax payment

Destroyed goods in bonded warehouses not required to declare for tax payment

If goods are preserved and the enterprise destroys them in bonded warehouses and complies with the condition as prescribed, enterprises shall not declare for tax payment of import duty and VAT.
Strengthening control for frozen food products deposited in bonded warehouses

Strengthening control for frozen food products deposited in bonded warehouses

VCN - The GDVC has asked the customs departments to focus on checking goods deposited in bonded warehouses beyond the storage deadline.
Enterprises expect Customs will be a focal point of specialized inspection

Enterprises expect Customs will be a focal point of specialized inspection

Facing questions about specialized inspection, enterprises suggested the customs authority be a focal point to conduct specialized inspection.
HCM City Customs answers questions of enterprises

HCM City Customs answers questions of enterprises

HCM City Customs held the conference “HCM City Customs Department and Business Community enhance cooperation for economic recovery and rebound”
Extending deadline for storage of goods in bonded warehouses and duty-free goods

Extending deadline for storage of goods in bonded warehouses and duty-free goods

VCN – The storage deadline for goods in duty-free shops, warehouses of duty-free sales enterprises and bonded warehouses will be extended.
Instructions for destruction of goods stored in bonded warehouses

Instructions for destruction of goods stored in bonded warehouses

VCN - Procedures for handling goods in stock in the customs control area are specified in the Government’s Decree 29/2018/ND-CP, Circular 57/2018 and Circular 203/2014 of the Ministry of Finance.
Difficulty in customs management of independent transport of goods

Difficulty in customs management of independent transport of goods

In the process of implementing Document No.5577/TCHQ-GSQL, Dong Nai Customs Department said that the department has recored a number of problems arising at the Customs Branches
Goods for temporary import for re-export, storage in bonded warehouses, independent transportation controlled strictly

Goods for temporary import for re-export, storage in bonded warehouses, independent transportation controlled strictly

VCN – One of the important directions of the Director General of Customs Nguyen Van Can at the meeting to evaluate performance in July and deploy tasks in August is strict control of goods for temporary import for re-export, storage in bonded-warehouses a
Customs strengthens management for temporary import for re-export and bonded warehouses

Customs strengthens management for temporary import for re-export and bonded warehouses

VCN- According to the GDVC, in the first six months of 2020, due to the effects of the Covid-19 pandemic, many goods were temporarily imported but have not been re-exported with huge backlogs in border areas and seaports.
New regulations on conditions for recognition of bonded warehouses

New regulations on conditions for recognition of bonded warehouses

VCN- The Decree takes effect from August 10, 2020.
Hai Phong reduces points of collecting infrastructure fees at seaport

Hai Phong reduces points of collecting infrastructure fees at seaport

From March 16, the Department of Finance of Hai Phong has reduced points of collecting infrastructure fees at seaport from 11 points to six points (stop collecting fees at five points)
Why are businesses not interested in receiving electronic results?

Why are businesses not interested in receiving electronic results?

Although the customs authority provides many public services online and returns results electronically, why do businesses still want to receive the results in paper form?
Draft decree on sanctioning administrative violations in the field of customs: Supplementing many groups of acts

Draft decree on sanctioning administrative violations in the field of customs: Supplementing many groups of acts

VCN- The draft also supplements the sanctioning regulations for cases where the value of material evidence is between 5 million VND and under 20 million VND to be consistent with the provisions of Clause 7, Article 5 of the Decree on sanctioning administr
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