The Decree provides amendments to regulations on exemptions from payment of export or import duties as follows:
- If duties levied on goods which are categorized as eligible for tax refunds have not been paid yet, non-collection of such duties will be subject to the following regulations:
+ Duties on exported goods that need to be re-imported must be refunded;
+ Duties on imported goods that need to be re-exported must be refunded;
+ Duties on machinery, equipment, tools and means of transport of entities and persons that are permitted for temporary import and re-export must be refunded;
+ If goods imported for manufacturing or business purposes are already exported as products, duties on such goods must be refunded;
+ If taxpayers already pay import or export duties even when not having exported or imported goods; having fewer exported or imported goods than those on which duties are already paid, such duties will be refunded; in this case, if they incur the prescribed minimum duties, refund payments on such duties will not be made.
- Non-collection of duties levied on goods exempted from import and export duty payment requirements will be subject to the following regulations:
+ Duties on exported goods that need to be re-imported must be refunded;
+ Duties on imported goods that need to be re-exported must be refunded.
Taxpayers apply for non-collection of duties to customs authorities where commodity import or export procedures are implemented at the time of completion of customs procedures or after customs clearance.
Decree No. 18/2021/ND-CP is entering into force as of April 25, 2021 and repealing Circular No. 90/2011/TT-BTC Circular No. 201/2012/TT-BTC Circular No. 81/2013/TT-BTC and Circular No. 116/2013/TT-BTC of the Ministry of Finance.
>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE
1.887