The regulations on procedures for temporary import and destruction of diplomatic vehicles to be revised
Vietnam, Italy deepen all-around ties | |
Get-together marks 45 years of Vietnam-Australia ties | |
Vietnam, Liberia sign visa exemption agreement |
Illustrative photo. |
Accordingly, some regulations are expected to be revised in the draft circular such as: Regulations on conditions for temporary import, re-export, transfer and destruction of vehicles; dossiers and procedures for the grant of temporary import permits for cars and motorbikes; files and procedures for temporary import of cars and motorbikes; Customs procedures for cars and motorbikes for preservation; the dossiers and procedures for the export of automobiles and motorcycles; the dossiers, procedures and policies on automobile transfer tax.
For example, regarding the tax policy for transferred vehicles, it is expected that the draft circular will be revised in the direction that the import tax calculation basis is the dutiable value, tax rate and exchange rate at the time of transfer. The tax calculation value shall comply with the provisions of Clause 2, Article 17 of the Ministry of Finance's Circular No. 39/2015 / TT-BTC on Customs valuation of exports and imports.
The tax rate applicable to used cars shall be determined according to the preferential import and export tariffs. The list of commodities and absolute rates, mixed taxes, import tax outside quotas are valid at the time of the cars to be transferred.
Excise tax policy and value added tax for transferred vehicles shall be applied in accordance with current tax policy at the time of cars to be transferred.
With regard to the procedures for the transfer of cars among subjects entitled to privileges and immunities in Vietnam, the draft Circular shall stipulate the direction and subjects of transfer of vehicles to carry out procedures for issuance. Accordingly, the recipient of the transferred vehicles shall carry out the procedures for issuance of a temporary import permit. Based on the vehicle transfer paper and the temporary import vehicle registration, the recipient shall carry out the transfer procedures.
Automobile market reducing 10%, ending the dramatic year VCN- According to the latest report of Vietnam Automobile Manufacturers Association (VAMA), total buying power of automobiles ... |
The draft stipulates procedures in the case of privileges and immunities in Vietnam, as well as their working areas in Vietnam. In this case, it is only necessary for recipients to carry out the procedures for issuance of the vehicle transfer papers at the provincial / municipal Customs Departments in the localities where the vehicles are assigned to them, and the procedures for granting temporary import permits at the provincial / municipal Customs Departments of the localities where the objects are managed, not declaring on the Customs declaration.
Related News
How does the Land Development Fund work effectively?
09:19 | 26/04/2024 Finance
Latest News
Reporting to the National Assembly for considering VAT reduction in the second half of 2024
17:09 | 14/04/2024 Regulations
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials
10:33 | 13/04/2024 Regulations
No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff
09:09 | 11/04/2024 Regulations
Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations
09:31 | 10/04/2024 Regulations
More News
Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th
20:09 | 07/04/2024 Regulations
Improving the customs legal system to be modern, synchronous, unified and transparent
10:33 | 07/04/2024 Regulations
New points about rules of origin in AKFTA
08:05 | 03/04/2024 Regulations
It is necessary to build a national database on cross-border trade and transport
15:23 | 29/03/2024 Regulations
Removing difficulties in tax exemption and refund policies for export processing enterprises
14:48 | 27/03/2024 Regulations
Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business
15:41 | 24/03/2024 Regulations
New law expected to boost financial leasing
14:05 | 22/03/2024 Regulations
5% VAT on fertilisers to create fairer market: domestic producers
14:03 | 22/03/2024 Regulations
Why not reduce export tax on fertilizer products to 0%?
09:37 | 21/03/2024 Regulations
Your care
Reporting to the National Assembly for considering VAT reduction in the second half of 2024
17:09 | 14/04/2024 Regulations
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials
10:33 | 13/04/2024 Regulations
No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff
09:09 | 11/04/2024 Regulations
Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations
09:31 | 10/04/2024 Regulations
Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th
20:09 | 07/04/2024 Regulations