Tax refund applied for imported raw material serving for export production

Tax refund applied for imported raw material serving for export production

According to regulations, imported raw materials for production have paid import tax, when exporting products, if they meet all conditions, they will be refunded tax.
Quang Nam Customs completes procedures to refund nearly VND 1,200 billion in taxes to businesses

Quang Nam Customs completes procedures to refund nearly VND 1,200 billion in taxes to businesses

Quang Nam Customs Department has completed procedures to refund VND 1,178 billion in taxes to businesses.
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.
Removing difficulties in tax exemption and refund policies for export processing enterprises

Removing difficulties in tax exemption and refund policies for export processing enterprises

VCN - The Customs agency has received many proposals from businesses about answering and guiding policies on tax exemption, import tax and VAT refund for export processing enterprises. The General Department of Customs has responded and provided instructi
Unify and standardize tax refund dossier classification index to ensure accuracy

Unify and standardize tax refund dossier classification index to ensure accuracy

VCN - On September 18, the General Department of Taxation issued Decision No.1388/QD-TCT applying risk management in classifying tax refund dossier by using information technology applications.
Accelerate tax refunds

Accelerate tax refunds

VCN - Implementing the direction of the Prime Minister and the Minister of Finance in tax refunds, the General Department of Taxation has directed tax authorities at all levels to speed up the progress of tax refund settlement, and at the same time, stron
Strict control of VAT refund to avoid fraud and loss of budget

Strict control of VAT refund to avoid fraud and loss of budget

VCN - Thanks to the drastic action, in the first 7 months of 2023 (up to the end of July 27, 2023), tax authorities nationwide issued 9,800 decisions on VAT refund, equivalent to the refunded tax amount of VND 70,356 billion.
Studying tax refund process to perform effectively

Studying tax refund process to perform effectively

VCN - The tax refund process under Decision 679 has 45 new contents compared with the process under Decision 905, including 11 contents added and amended to ensure compliance with regulations on order and procedures and 34 contents on tax refund prescribe
Wood businesses long to be "rescued" for tax refunds soon

Wood businesses long to be "rescued" for tax refunds soon

VCN - According to preliminary statistics of the Vietnam Timber and Forest Products Association, wood processing and exporting enterprises have not yet been refunded value-added tax (VAT) of 6.1 trillion dong, which the chip export enterprises under the W
Order and procedures for inspection after tax refund

Order and procedures for inspection after tax refund

VCN - According to regulations, the order, procedures and time limit for inspection after tax refund are similar to those for post-customs clearance inspection at the taxpayer's office.
Customs will upgrade Tax exemption, reduction and refund systems to ensure effective performance

Customs will upgrade Tax exemption, reduction and refund systems to ensure effective performance

The General Department of Vietnam Customs said that they had reviewed the overall functions and professional problems to upgrade the Tax exemption, reduction and refund system
Preventing refund fraud of value-added tax

Preventing refund fraud of value-added tax

Prevention of fraud and profiteering to appropriate value-added tax (VAT) refunds is one of the key tasks of the tax sector to prevent loss of revenue for the state budget.
“Lucky invoice” Program: Encouraging consumers to get used to civilized consumption

“Lucky invoice” Program: Encouraging consumers to get used to civilized consumption

Deputy Director General of Taxation Dang Ngoc Minh said that the “Lucky invoice” program is expected to create a mechanism to encourage consumers to get used to civilized consumption
Importers are entitled to tax refund when re-exporting unprocessed or processed goods

Importers are entitled to tax refund when re-exporting unprocessed or processed goods

VCN - The customs authority shall inspect 100% of re-exported goods and determine that if re-exported goods are previously imported goods, unused, processed and re-exported by the importers, the importers will receive a refund of the paid import tax.
Strengthen the review of dossiers, cases of tax refund, handling of overpaid tax

Strengthen the review of dossiers, cases of tax refund, handling of overpaid tax

General Department of Vietnam Customs has requested provincial and municipal customs departments to inspect, review shortcomings and carry out some specific solutions relating to tax refund
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