What is the maximum quantity for goods that are grant aid to be exempt from export and import duties in Vietnam?

What is the maximum quantity for goods that are grant aid to be exempt from export and import duties in Vietnam?

Based on Article 2 of the Law on export and import duties 2016 stipulates as follows:

Taxable Objects

1. Goods exported or imported via Vietnam's border gates and borders.

2. Goods exported from the domestic market to non-tariff zones, goods imported from non-tariff zones into the domestic market.

3. Goods exported, imported on the spot, and goods exported, imported by enterprises exercising the right to export, import, and distribute.

4. export and import dutyable objects do not apply to the following cases:

a) Goods in transit, transshipment, transfer;

b) Humanitarian aid goods, goods that are grant aid;

c) Goods exported from non-tariff zones abroad; goods imported from abroad into non-tariff zones and used only within the non-tariff zones; goods transferred from one non-tariff zone to another;

d) The portion of crude oil used to pay resource duties to the state when exported.

5. The Government of Vietnam stipulates details of this Article.

For the taxable objects not subject to export and import duties in the cases mentioned above, including humanitarian aid goods and goods that are grant aid, there is no restriction based on the quantity. As long as they are goods that are grant aid, they will not be subject to this type of tax.

What is the maximum quantity for goods that are grant aid to be exempt from export and import duties in Vietnam? (Image from the Internet)

Vietnam: Shall affiliated branches submit export and import duty on behalf of the enterprise?

Based on Article 3 of the Law on export and import duties 2016 stipulates as follows:

Taxpayers

1. Owners of exported or imported goods.

2. Organizations authorized to export and import.

3. Individuals exiting or entering with exported, imported goods, or sending or receiving goods through Vietnam's border gates, borders.

4. Individuals authorized, guaranteed, and paying duties on behalf of taxpayers, including:

a) Customs agents when authorized by taxpayers to pay export and import duties;

b) Enterprises providing postal services or international express delivery when paying duties on behalf of taxpayers;

c) Credit institutions or other organizations operating under the Law on Credit Institutions when guaranteeing, paying duties on behalf of taxpayers;

d) Individuals authorized by the goods owner in cases where goods are personal gifts; luggage sent before or after departure of the individuals exiting or entering;

e) Branches of enterprises authorized to pay duties on behalf of the enterprises;

f) Others authorized to pay duties on behalf of taxpayers as per legal regulations.

5. Individuals purchasing and transporting goods within the tax-exempt limit of border residents but who do not use them for production or consumption and bring them for sale in the domestic market, and foreign traders allowed to trade in exported, imported goods at border markets according to legal regulations.

6. Individuals with exported, imported goods not subject to tax, exempt from tax but later transferred to taxable objects as per legal provisions.

7. Other cases as prescribed by law.

Thus, for export and import duties, the branch of an enterprise authorized can submit these duties on behalf of the enterprise.

What is the deadline for submitting export and import duties in Vietnam?

Based on Article 9 of the Law on export and import duties 2016, the deadline for submitting export and import duties is stipulated as follows:

- Exported or imported goods subject to tax must pay duties before customs clearance or release of goods according to the provisions of the Customs Law, except as specified in Clause 2, Article 9 of the Law on export and import duties 2016.

In cases where credit institutions guarantee the duties payable, goods may be cleared or released but must pay late payment interest according to the Tax Management Law from the date of clearance or release to the tax payment date. The maximum guarantee period is 30 days from the date of registration of the customs declaration.

In cases where the credit institution guarantees but the guarantee period expires and the taxpayer has not paid the duties and late payment interest, the guarantor must pay the full duties and late payment interest on behalf of the taxpayer.

- Taxpayers entitled to prioritized policies under the Customs Law may pay duties for the customs declarations that have been cleared or released in the month no later than the tenth day of the following month. Past this deadline, if the taxpayer has not paid duties, they must pay the full tax debt and late payment interest according to the Tax Management Law.