Headlines 11/07/2018 15:09 CH

Steps in reducing customs duty upon implementation of customs procedures are now adopted

Quỳnh Như

On June 28, 2018, the General Department of Customs issued the Decision No. 1919/QD-TCHQ that prescribes steps in granting reductions in duties levied on imports and exports at the time of implementation of customs procedures, including:

- Receiving application documents;

- Carrying out physical inspection of damaged goods;

- Processing application documents for reduction in customs duty;

- Issuing the decision on reduction in customs duty;

- Refunding deductions remitted from deposit accounts of customs authorities or from the state budget;

- Storing duty reduction documents and information;

- Reporting on tax reduction data.

In addition, this Decision specifies procedures for post-clearance duty reduction, duty exemption, duty refund and non-collection, and handling of an excess amount of tax paid for imports and exports.

These procedures are, however, inapplicable to duty-exempt imports used directly for national defence and security purposes, and those conforming to international treaties.
 
The Decision No. 1919/QD-TCHQ is in force from July 13, 2018 and replaces the Decision No. 1780/QD-TCHQ dated June 17, 2016.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

1.166

More headlines

Most Viewed

Address: 17 Nguyen Gia Thieu street, Ward Vo Thi Sau, District 3, Ho Chi Minh City, Vietnam.
Phone: (+84)28 3930 3279 (06 lines)
Email: info@ThuVienPhapLuat.vn

Copyright© 2019 by THƯ VIỆN PHÁP LUẬT
Editorial Director: Mr. Bui Tuong Vu

DMCA.com Protection Status