Vietnam: Settlement of overpaid tax amounts of goods sent through express delivery service

16:40, 07/05/2015

Tax amounts of goods sent through express delivery service are considered overpaid in the following cases:

1. The amount of tax paid by the taxpayer is higher than the amount payable (including VAT on imports that have been re-exported to the foreign goods owner, re-exported to a third country or to a free trade zone; goods that have been exported but then imported back into Vietnam; goods imported for manufacturing of domestic exports on which VAT has been paid and then exported);

2. The taxpayer has a refundable tax according to regulations of law on export duty, import duty, excise tax, VAT, environmental protection tax, safeguard duty, anti-dumping duty, and countervailing duty;

If the declaration of imported goods has been granted customs clearance and has been verified moving through the CCA but goods are not sent to the destination written on the bill of lading and according to the notification of the express delivery service provider of the approval for returning to the origin country;

3. Other cases shall be treated according to law provisions.

Documents and procedures for settling the overpaid tax amounts are specified in Circular No. 38/2015/TT-BTC of the Ministry of Finance of Vietnam.

View more details at Circular No. 191/2015/TT-BTC of the Ministry of Finance of Vietnam, effective from January 01, 2016.

- Ngoc Duyen -

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