Addition of Many Self-Produced Goods Exempt from Import Tax

13:45, 11/07/2024

Circular 01/2018/TT-BKHDT promulgates the list of machinery, equipment, replacement parts, specialized transportation means, raw materials, supplies, and semi-finished products that are manufactured domestically.

Adds additional items such as crop varieties, livestock breeds, fertilizers, and plant protection drugs to the List of domestically produced goods.

Besides the mentioned items, the List of domestically produced goods also includes other categories such as:

- Specialized transport vehicles; Machinery, equipment;- Construction materials;- Raw materials, supplies, components, spare parts;- Essential materials for petroleum operations; Raw materials, supplies, semi-finished products for shipbuilding;- Machinery, equipment, raw materials, supplies, components in the telecommunications - information technology sector, digital content, and domestic software.

The List of domestically produced goods serves as a basis for determining non-taxable VAT items and for import tax exemption according to the provisions of the law.

See the detailed List of goods in Circular 01/2018/TT-BKHDT, effective from May 15, 2018.

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