From mid-May 2018, many new policies will come into effect. Notably, there are four policies related to the fields of taxation and customs as follows.
Article table of contents
1. Import Tariff Quota for Egg and Salt Products Effective from May 14, 2018
According to Circular 03/2018/TT-BCT, from May 14, 2018, the specific import tariff quota for eggs and salt is regulated as follows:
- For poultry eggs without a shell, the total quota is 52,533 dozens, including: Hen eggs (commodity codes 0407.21.00 and 0407.90.10); duck and goose eggs (commodity codes 0407.29.10 and 0407.90.20) and others (commodity codes 0407.29.90 and 0407.90.90). In principle, the poultry egg quota will be allocated to traders with a business registration certificate who wish to import;- For salt products (commodity code 2501), the quantity is 110,000 tons and will be allocated to traders directly using it as a raw material for producing chemicals and sources for manufacturing medicine and medical products.
Note that the tariff quota mentioned above will not apply to eggs and salt originating from ASEAN countries (as stipulated in Circular 04/2018/TT-BCT, effective from May 17, 2018).
2. Guidelines for Inspection of Export and Import Goods at Border Checkpoints
The Ministry of National Defense has issued Circular 44/2018/TT-BQP guiding the coordination in carrying out procedures for inspecting export and import goods at land border checkpoints. Accordingly:
For exported goods: At Barrier No. 1, the Border Guard inspects the documents of persons and transport vehicles that have completed exit procedures. If violations are detected, they will cooperate with Customs to conduct inspection and handling.
For imported goods:
- At Barrier No. 1, the Border Guard inspects the documents of persons and transport vehicles carrying goods to ensure they meet the conditions for entry into Vietnamese territory and guide the vehicles to a location for Customs inspection;- At Barrier No. 2, they check the entry documents of persons and transport vehicles after completing the entry procedures into Vietnam, and if violations are detected, they will cooperate with Customs to conduct inspection and handling.
Circular 44/2018/TT-BQP is effective from May 10, 2018.
3. New Responsibility Allowance for State Accountants Effective from May 15, 2018
This is a notable regulation addressed in Circular 04/2018/TT-BNV which guides the authority, procedures for the appointment, reappointment, dismissal, replacement, and job responsibility allowance for chief accountants and accountants in the state accounting sector.
To be specific, chief accountants will receive a monthly responsibility allowance of 0.2 times the statutory pay rate, equivalent to 260,000 VND. For those appointed in charge of accounting, the responsibility allowance will be 0.1 times the statutory pay rate (130,000 VND/month).
The above allowances apply from May 15, 2018, and are applicable to accountants working in the following units:
- State Treasury, tax authorities, customs authorities;- Government agencies;- Public service units;- Organizations and units using the State budget;- Units using funds allocated by the State to operate according to specific political-social objectives.
4. Promulgation of 09 Groups of Domestically Produced Goods and Materials
Pursuant to Circular 01/2018/TT-BKHDT effective from May 15, 2018, 09 groups of domestically produced goods and materials include:
- Special-purpose transport vehicles produced domestically;- Machinery and equipment produced domestically;- Construction materials produced domestically;- Raw materials, materials, components, and spare parts produced domestically;- Automotive components and spare parts produced domestically;- Essential materials for oil and gas operations produced domestically;- Raw materials, materials, semi-finished products for shipbuilding produced domestically;- Machinery, equipment, raw materials, materials, parts for telecommunications - information technology, digital content, software produced domestically;- Plant varieties, animal breeds, fertilizers, pesticides produced domestically.
The aforementioned groups of goods will serve as the basis for determining subjects exempt from value-added tax as specified in Decree 209/2013/ND-CP and Decree 100/2016/ND-CP; entities eligible for import tax exemption under Decree 134/2016/ND-CP, Decision 13/2015/QD-TTg, Decision 08/2017/QD-TTg and Decision 09/2017/QD-TTg.
.jpg)
