Temporary export and re-import of prohibited export goods without a permit - what is the penalty?

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Could you please clarify under the latest regulations what penalties are imposed for organizations that engage in the temporary export and re-import of goods that are prohibited from export, import, temporarily suspended from export, or temporarily suspended from import without obtaining the necessary permit for temporary export and re-import?

Based on Point b, Clause 2, Article 20 of Decree 128/2020/ND-CP (Effective from December 10, 2020), the following regulations apply:

A fine ranging from 20,000,000 VND to 40,000,000 VND shall be imposed for acts of temporary export and re-import of goods that are banned from export, banned from import, temporarily suspended from export, or temporarily suspended from import without a temporary export and re-import permit.

This penalty is applicable to violating organizations (Clause 3, Article 5 of this Decree).

Thus, in cases where an organization commits the act of temporarily exporting and re-importing goods that are banned from export, banned from import, temporarily suspended from export, or temporarily suspended from import without a temporary export and re-import permit, a fine ranging from 20,000,000 VND to 40,000,000 VND shall be imposed.

Respectfully!

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