Export duty calculation of exports for processing

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	The implementation of Law on export and import: detailed tax exemption regulations on imported goods for processing and processing goods for export
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With exports for processing which are subject to export duty so the declarants must declare and pay the export duty rate as the rate specified in the Import & Export duty nomenclature issued with Decree No. 122/2016 / ND-CP. Photo: T.Trang.

According to the guidance of the General Department of Customs, in Paragraph 1, Article 11 of Decree 134/2016 / ND-CP, " export goods for processing that are natural resources, minerals or have the total value of natural resources and minerals plus the energy costs accounting for 51% or more of the products price, also the export goods for processing that are subject to export duty shall not be exempt from taxes. Accordingly, if exports for processing are subject to export duty, the declarants must declare and pay the export duty at the rate specified in the Import & Export duty nomenclature issued with Decree 122/2016 / ND-CP.

The declaration and the application of the export tax rate to export goods have to comply with the guidelines in Document No. 9744 / TCHQ-TXNK dated 12-10-2016 of the General Department of Customs. For exports for processing that are metal, unprocessed alloys like copper, zinc, lead, iron, aluminum, nickel, tin, scrap, waste, scrap metal: the goods are detailed with specific name including description and HS code of 8-digit or 10-digit in Import & Export duty nomenclature issued with Decree 122/2016 / ND-CP, declarants have to declare the code and export tax rates fully which are prescribed for each good in the Import & Export duty nomenclature.

For an analysis example, the General Customs Department guided: in case of a company that exports the commodity named "unprocessed alloy of aluminum, bars" is an item in the Import & Export duty nomenclature issued with Decree 122/ 2016 /ND-CP, this company must make a declaration of HS code and export tax rates. Specifically: HS code is 7601.20.00.10, export tax rate is 10%.

Procedures locations for export processing enterprises’ goods for fairs VCN- General Department of Customs has just had a written answer to remove obstacles of HCMC Customs ...

The General Department of Customs has requested local Departments to review cases of export for processing which were subject to export taxation and registered for declaration after 1-9-2016, but not declared export duty. At the same time, local Customs departments have to request enterprises to supplement the declaration, pay the amount of export taxes as regulation and report the result to the General Department.

By Thu Trang/Tuan Cuong