What types of imported goods are not subject to excise tax in Vietnam?
What types of imported goods are not subject to excise tax in Vietnam?
Pursuant to Clause 1, Article 3 of Decree 108/2015/ND-CP, the regulation is as follows:
Non-Taxable Objects
The objects not subject to excise tax are implemented according to the provisions of Article 3 of the Law on excise tax and Clause 2, Article 1 of the Law amending and supplementing a number of articles of the Law on excise tax.
1. For imported goods not subject to excise tax as specified in Point a, Clause 2, Article 3 of the Law on excise tax, they include:
a) Humanitarian aid goods, non-refundable aid goods, including goods imported using non-refundable aid funds approved by competent authorities, humanitarian aid goods, urgent relief goods to overcome the consequences of war, natural disasters, and epidemics;
b) Gifts from foreign organizations or individuals to state agencies, political organizations, socio-political organizations, socio-political-professional organizations, social organizations, socio-professional organizations, and people's armed units;
c) Gifts and presents for individuals in Vietnam within the limits prescribed by law.
...
Thus, types of imported goods not subject to excise tax include humanitarian aid goods; gifts from foreign organizations or individuals to state agencies, political organizations, or gifts and presents for individuals in Vietnam, etc.
What types of imported goods are not subject to excise tax in Vietnam? (Image from the Internet)
What are regulations on the refund of excise tax for temporarily imported goods in Vietnam?
Pursuant to Clause 1, Article 6 of Decree 108/2015/ND-CP, the regulation is as follows:
Tax Refund
1. For temporarily imported goods stipulated at Point a, Clause 1, Article 8 of the Law on excise tax, they include:
a) Imported goods that have paid excise tax but are still in storage at the border gate and are under the supervision of the Customs authority, are re-exported out of the country;
b) Imported goods that have paid excise tax to deliver or sell to foreign countries through agents in Vietnam; imported goods for sale to means of foreign companies on routes through Vietnam's ports or the means of Vietnam on international transportation routes as stipulated by law;
c) Temporarily imported goods for re-export under the business method of temporary import and re-export are refunded the excise tax paid corresponding to the actual quantity re-exported;
d) Imported goods that have paid excise tax but are re-exported out of the country are refunded the excise tax paid for the quantity returned abroad;
dd) Temporarily imported goods to attend fairs, exhibitions, introduce products or to serve other tasks within a certain time limit as prescribed by law and have paid excise tax, upon re-export are eligible for a tax refund.
...
Thus, temporarily imported goods for re-export, if actually re-exported within the tax payment deadline as prescribed by the law on export and import taxes, are not required to pay excise tax corresponding to the actually re-exported quantity.
What are taxable commodities and services in the betting business in Vietnam?
Pursuant to Point c, Clause 1, Article 2 of Decree 108/2015/ND-CP, the regulation is as follows:
Taxable Objects
1. Objects subject to excise tax are implemented according to the provisions of Article 2 of the Law on excise tax and Clause 1, Article 1 of the Law amending and supplementing a number of articles of the Law on excise tax.
a) For aircraft and yachts specified at Point e, Clause 1, Article 2 of the Law on excise tax, they are of the type used for civil purposes.
b) For votive paper as specified at Point k, Clause 1, Article 2 of the Law on excise tax not including votive paper that is children's toys, teaching aids.
c) For the betting business specified at Point d, Clause 2, Article 2 of the Law on excise tax, it includes: Sports betting, entertainment betting, and other forms of betting as prescribed by law.
2. The objects subject to excise tax for goods specified at Clause 1, Article 2 of the Law on excise tax are complete products, not including component sets for assembling these goods.
The objects subject to excise tax in the betting business include sports betting, entertainment betting, and other forms of betting as prescribed by law.
- Are hazardous allowances subject to personal income tax in Vietnam?
- Shall the TIN be deactivated due to bankrupcy in Vietnam?
- What are guideline for paying the registration fees through VCB bank app? When is the time of payment for registration fees in Vietnam?
- Vietnam: Is tax liability imposed when failing to present accounting books?
- What is the Notice form for e-tax transaction account in Vietnam (Form 03/TB-TDT)?
- Where to download the latest form 04/HGDL for delivery notes for goods sent to sales agents in Vietnam?
- What is the guidance on first-time taxpayer registration for foreign subcontractors who directly declare and pay contractor tax in Vietnam?
- What are cases where a 10% PIT is withheld in Vietnam?
- How to submit the dependant registration application for persons with income from wages and salaries in Vietnam?
- What are guidelines for first-time taxpayer registration for dependants declared directly at the tax authority in Vietnam?