Can export processing enterprises liquidate assets in the form of scrap metal?

Can export processing enterprises liquidate assets in the form of scrap metal?

VCN-Based on Circular No. 04/2007/TT-BTM dated 4-4-2007 of the Ministry of Trade (now the Ministry of Industry and Trade), the Olympus Company is allowed to liquidate machinery into the domestic market due to transforming operational objectives.
Proposals by Customs on used machinery not applicable  to adjustment of Circular No.23/2015/TT-BKHCN

Proposals by Customs on used machinery not applicable to adjustment of Circular No.23/2015/TT-BKHCN

VCN- Used machinery, equipment and technological lines that are only delivered between domestic enterprises in Vietnam or temporarily exported to bonded warehouses for re-import are not applicable to the adjustment scope of Circular No. 23/2015/TT-BKHCN.
Spent over 13 billion USD to import machinery and equipments

Spent over 13 billion USD to import machinery and equipments

According to General Department of Customs, till the end of June, the country spent 13,085 billion USD importing machinery, equipment, tools, spare parts.
Avoiding checking the same enterprise many times for the same reason

Avoiding checking the same enterprise many times for the same reason

VCN- It was directed by the Deputy Director General of the General Department of Customs Nguyen Ngoc Anh at the meeting to implement inspection of the statement of using materials, materials processing and producing export goods.
Deducting VAT on agricultural machinery

Deducting VAT on agricultural machinery

Recently, the Ministry of Finance has set out a new dispatch that acts as the guide for all Customs departments and Tax departments across the country to implement the work of moderating
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