Tax refund for foreigners on exit increased by nearly 50%

VCN - According to the Tan Son Nhat International Airport Customs Branch, in the first 6 months of 2017, the Branch has refunded over 15 billion VND of VAT for 3,558 foreigners on exit purchasing goods in Vietnam.
tax refund for foreigners on exit increased by nearly 50 Tax refund reached more than 19 trillion vnd
tax refund for foreigners on exit increased by nearly 50 Encourage enterprises to embrace electronic tax refund and invoice
tax refund for foreigners on exit increased by nearly 50 Tax refund for re-exported goods
tax refund for foreigners on exit increased by nearly 50
A Customs officer of Tan Son Nhat International Airport Customs Branch consults VAT refund procedure for foreigners on exit.

Therefore, the number of foreign passengers who have been refunded and the amount of tax refund increased by 48% and 42% respectively compared to the same period of 2016.

The items which were bought by foreigner passengers were mainly fashion goods such as: Glasses, cosmetics, bags, clothes, shoes, watches and mobile phones and etc.

tax refund for foreigners on exit increased by nearly 50 Application of new tax refund, tax exemption and tax reduction procedures

To avoid that passengers fraudulently exchange goods when implementing the tax refund, the Tan Son Nhat International Airport Customs Branch recommends that duty-free shops should seal the goods (by using clear nylon bags), then give passengers to present to Customs to inspect seal and code of goods. Hence, the tax refund will be implemented more quickly and goods will not be fraudulently exchanged.

By Le Thu/Ngoc Loan

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