Customs proposes solutions to remove difficulties in late submission of C/O due to the Covid-19 pandemic

VCN – Due to the impact of the Covid-19 pandemic, many import enterprises reported they could not have a C/O to submit within the prescribed time limit. The General Department of Vietnam Customs has recorded all the problems and expected solutions for removing the difficulties.
customs proposes solutions to remove difficulties in late submission of co due to the covid 19 pandemic
Customs officials of Hanoi Customs Department instructed enterprises to implement procedures. Photo: N.Linh

Previously, the General Department of Vietnam Customs received many petitions from authorities granting C/O and enterprises reflecting difficulties in submitting C/O due to the impact of the Covid-19 pandemic.

Specifically, enterprises importing goods said that due to the Covid-19 pandemic, some countries applied social distancing leading to customs declarants not having C/O to submit on time as prescribed. To remove difficulties for businesses during the Covid-19 pandemic, businesses requested Customs extend the deadline for additional submission of C/O to to apply special preferential tariff rates.

Based on the enterprise's opinion, the notification of authorities granting C/O, together with the situation, the Customs authorities has studied current legal provisions to have a solution to facilitate enterprises affected by the Covid-19 pandemic, under the directive of the Prime Minister and the Ministry of Finance on urgent solutions and tasks to remove difficulties for production and business.

To ensure the solutions are appropriate with relevant legal provisions, the General Department of Vietnam Customs has drafted the circular amending and supplementing Circular 62/2019/TT-BTC, including amending regulations on the case of submission, form and time of submission of C/O. The draft is being commented upon by the Ministry of Industry and Trade and business associations.

In the draft circular supplementing time of submission of C/O and the form of C/O in some special cases, including cases of force majeure, out of control of importers like the Covid-19 pandemic.

By N.Linh/Thanh Thuy

Related News

When will Covid-19 vaccine fund be closed?

When will Covid-19 vaccine fund be closed?

VCN – This content was mentioned at a press conference held by the Ministry of Finance on January 9.
Prime Minister directs to remove difficulties for the real estate market

Prime Minister directs to remove difficulties for the real estate market

VCN - Prime Minister Pham Minh Chinh has just signed Official Dispatch 1164/CD-TTg dated December 14, 2022 on removing difficulties for the real estate market and housing development.
Many challenges for economic policy after Covid-19

Many challenges for economic policy after Covid-19

VCN - In 2022, Vietnam has implemented an unprecedented series of fiscal policies to recover and develop socio-economically after the Covid-19 pandemic. However, in the context of rapidly changing world and domestic situations, with potential risks that are difficult to predict, economic policies need to be flexible and adjusted appropriately in order to promote strengths, and effectively mobilize and allocate resources for socio-economic growth.
Quang Ninh Customs

Quang Ninh Customs' revenue increase by 63%

VCN – As of November 27, Quang Ninh Customs Department's revenue grew by 63% compared with the previous year to VND14,565 billion, meeting 146% of the target set by the Ministry of Finance, 138% of the target set by the local government and 110% of the target set by of the General Department of Vietnam Customs.

Latest News

Enterprises have the right to pre-determine HS codes

Enterprises have the right to pre-determine HS codes

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.
Amendment to Decree 14 to prevent goods congestion at border gates

Amendment to Decree 14 to prevent goods congestion at border gates

VCN – When Government Decree No14/2018/ND-CP dated January 23, 2018, is revised to shift the border trade from unofficial-quota trade to official-quota trade to prevent goods congestion at border gates at harvest season or on holidays and Tet, there will be some changes in the management of the border trade.
Notes for businesses on tax policy

Notes for businesses on tax policy

VCN - According to experts, some businesses do not understand clearly tax documents and policies, especially new ones, leading to many risks in implementation.
Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

VCN - After a long time of implementation and many changes in reality, it is time to amend the Law on Corporate Income Tax (CIT) to remove difficulties for production and business activities, and open up and promote resources for economic and social development.

More News

Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

VCN - To enjoy the preferential export tax rates under the Preferential Export Tariff and the Special Preferential Import Tariff of Vietnam implementing the CPTPP Agreement from 2022 to 2027, exported goods must have transport documents and import customs declarations or documents replacing customs declarations showing that the destination is in the territory of the member countries in which the CPTPP Agreement has entered into force, regulated in the scope of Decree No. 115/2022 /ND-CP dated December 30, 2022.
Difficulties in determining samples for testing

Difficulties in determining samples for testing

VCN – Customs face challenges in determining whether imported food samples for testing are exempt from state inspection for food safety, as well as in identifying which products require registration for announcement purposes.
GDVC instructs application of C/O form D

GDVC instructs application of C/O form D

VCN – ASEAN member states must declare HS code 2022 on Certificate of Origin from April 1.
Goods imported from export processing enterprises must pay tax

Goods imported from export processing enterprises must pay tax

VCN - According to the Law on Import and Export Duties provisions, if a domestic enterprise imports products of export processing enterprises, they must pay tax.
Review, perfect regulations on decentralization of public property management

Review, perfect regulations on decentralization of public property management

VCN - The Ministry of Finance has sent an official letter to ministries, central and local agencies on improving legal documents under the power for promulgation of ministries, central and local agencies on the management and use of public property.
MoF develops excise tax policy to promote electric vehicle production

MoF develops excise tax policy to promote electric vehicle production

VCN – The Ministry of Finance is considering adjusting excise tax rates for some environmentally friendly products in the revised Law on Excise Tax.
Enterprises must submit dossiers and documents to identify authenticity of goods

Enterprises must submit dossiers and documents to identify authenticity of goods' value

VCN – According to regulations, for customs declarations selected for customs valuation, customs declarants must submit dossiers and documents to identify the authenticity of the declared goods' value.
Removing difficulties in the implementation of VAT policy

Removing difficulties in the implementation of VAT policy

VCN - For businesses to understand and strictly comply with the regulations on the declaration of value-added tax (VAT) rate for import and export goods, the General Department of Customs has continuously issued guiding documents, which is considered an important part of bringing policies into practice.
Correcting policy to avoid overlaps in inspection and supervision at land border gates

Correcting policy to avoid overlaps in inspection and supervision at land border gates

VCN - Currently, the draft Decree amending and supplementing Decree No. 08/2015/ND-CP dated January 21, 2015 is being submitted to the Government for signing and promulgation of amendments related to customs inspection and supervision procedures for means of transport on exit, entry and transit in the draft Decree that was amended and supplemented to meet the requirements of administrative procedure reform.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Enterprises have the right to pre-determine HS codes

Enterprises have the right to pre-determine HS codes

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.
Amendment to Decree 14 to prevent goods congestion at border gates

Amendment to Decree 14 to prevent goods congestion at border gates

VCN - The draft Decree revising Decree 14/2018/ND-CP on border trade activities is being drafted and gathered opinions from ministries, government agencies and people by the Ministry of Industry and Trade.
Notes for businesses on tax policy

Notes for businesses on tax policy

VCN - According to experts, some businesses do not understand clearly tax documents and policies, especially new ones, leading to many risks in implementation.
Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

VCN - After a long time of implementation and many changes in reality, it is time to amend the Law on Corporate Income Tax (CIT) to remove difficulties for production and business activities, and open up and promote resources for economic and social devel
Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

VCN - To enjoy the preferential export tax rates under the Preferential Export Tariff and the Special Preferential Import Tariff of Vietnam implementing the CPTPP Agreement from 2022 to 2027, exported goods must have transport documents and import customs
Mobile Version