Amendments to the reporting regime for tobacco trader in Vietnam as of February 12, 2024

Amendments to the reporting regime for tobacco trader in Vietnam as of February 12, 2024
Le Truong Quoc Dat

On December 28, 2023, the Minister of Industry and Trade issued Circular 43/2023/TT-BCT amending the Circular < a href="https://lawnet.vn/en/vb/Circular-57-2018-TT-BCT-elaboration-of-Decrees-tobacco-trading-6A3B3.html" class="green-text" target="_blank" >57/2018/TT-BCT elaborating Decrees on tobacco trading in Vietnam.

Amendments to the reporting regime for tobacco trader in Vietnam as of February 12, 2024

Circular 43/2023/TT-BCT amends Clauses 1 and 9, Article 13 of Circular 57/2018/TT-BCT on elaboration of Decrees on tobacco trading as follows:

- Every 06 (six) months, tobacco product manufacturers and tobacco importers are required to submit reports to the Ministry of Industry and Trade of Vietnam on their manufacturing of tobacco products and import of tobacco (by January 10 each year, for annual reports, and by July 10 each year, for reports for the first 6 months) using the form in the Appendix 7 enclosed with Circular 43/2023/TT-BCT.

(Meanwhile, Clause 1, Article 13 of Circular 57/2018/TT-BCT stipulates that every 06 (six) months, manufacturers of tobacco products and importers of tobacco are required to submit reports to the Ministry of Industry and Trade and the Ministry of Finance on manufacturing of tobacco products and import of tobacco within 10 (ten) days from the end of the reporting period using the report template provided in the Appendix 59 enclosed with Circular 57/2018/TT-BCT)

- Every 06 (six) months, each tobacco product supplier shall submit reports on the quantity and types of tobacco products to be traded (through its distribution, wholesaling and retailing systems) to the Domestic Markets Department affiliated to the Ministry of Industry and Trade of Vietnam and the Department of Industry and Trade of the province or city where it is headquartered (by January 10 each year, for annual reports, and by July 10 each year, for reports for the first 6 months) using the forms in the Appendixes 8 and 9 enclosed with Circular 43/2023/TT-BCT

(Meanwhile, Clause 9, Article 13 of Circular Circular 57/2018/TT-BCT stipulates that Every 06 (six) months, each supplier of tobacco products shall submit reports on the quantity and types of tobacco products to be traded (through its distribution, wholesaling and retailing systems) to the Ministry of Industry and Trade and the Department of Industry and Trade of the province where its headquarters is located using the report templates provided in the Appendix 67 and the Appendix 68 enclosed with Circular 57/2018/TT-BCT)

More details can be found in Circular 43/2023/TT-BCT taking effect on February 12, 2024.

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