New Guidelines on Tax Exemption for On-Spot Import and Export Goods Are Now Available

15:44, 10/07/2024

Recently, the General Department of Customs issued Official Dispatch 4138/TCHQ-TXNK to the customs departments of provinces and cities regarding guidelines on handling taxes for imported goods under the categories of processing, export production, and subsequent on-the-spot export.

Illustrative Image

OFFICIAL DISPATCH 4138/TCHQ-TXNK REGARDING TAX EXEMPTION FOR ON-SPOT IMPORTED AND EXPORTED GOODS

Based on the provisions in Clause 1, Clause 3 Article 2 of the Law on Export and Import Taxes 2016; Clause 3 Article 2, Articles 10, 12 of Decree 134/2016/ND-CP; Clause 1 Article 35 of Decree 08/2015/ND-CP; Clause 5 Article 86 of Circular 38/2015/TT-BTC as amended and supplemented by Clause 58 Article 1 of Circular 39/2018/TT-BTC, the General Department of Customs agrees that in cases where enterprises import raw materials and supplies for processing, producing export goods, and then export, sell products processed, produced from imported raw materials and supplies to foreign traders, but are instructed by the foreign traders to deliver goods to other enterprises in Vietnam (exporting the products under the form of on-spot export), import tax is exempted for the imported raw materials and supplies used for processing and producing goods that have been exported on the spot.

Official Dispatch 4138/TCHQ-TXNK was issued on June 25, 2019, replacing the content at point 2 of Official Dispatch 5826/TCHQ-TXNK dated October 05, 2018.

- Nguyen Trinh -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn