This is one of the new important contents mentioned in Circular No. 11/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam on temporary import, re-export, temporary export, re-import and merchanting trade of goods.
According to Circular No. 11/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam, traders are not allowed to authorize or carry out on behalf of a third party the temporary import of goods in the Lists attached hereto, specifically as follows:
- The list of frozen foods for temporary import, re-export and merchanting trade is prescribed in Appendix III;
- The list of temporary imports subject to excise taxes prescribed in Appendix IV;
- The list of used goods prohibited or suspended from export or import and are not specified in Appendices I and II prescribed in Appendix V.
According to regulations, the temporary import of goods prescribed in Appendices III, IV and V shall comply with regulations of Articles 3, 4 and 5 of Decree No. 77/2016/ND-CP of Vietnam’s Government.
View detailed Appendices at Circular No. 11/2017/TT-BCT of the Ministry of Industry and Trade of Vietnam effective from September 11, 2017, which abolishes Circular No. 05/2014/TT-BCT and Article 2 of Circular No. 27/2016/TT-BCT.
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