Merging two circulars providing customs value of imports and exports

By Dao Le/ Huyen Trang

06:48 | 02/05/2020 Regulations Follow english.haiquanonline.com.vn on

VCN - On April 23, the Ministry of Finance issued Document No. 21 / VBHN-BTC to merge Circular 39/2015 / TT-BTC and Circular 60/2019 / TT-BTC regulating the customs value for imports and exports. The content of this document does not change the content and validity of the two merged circulars.

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Document 21 / VBHN-BTC merging Circular No. 39/2015 / TT-BTC dated March 25, 2015, providing customs value of imports and exports, effective from April 1, 2015 and Circular 60/2019 / TT-BTC dated August 30, 2019 amending and supplementing a number of articles of Circular 39/2015 / TT-BTC, effective from October 15, 2019.

merging two circulars providing customs value of imports and exports

Quang Ninh Customs officers conduct customs rulings with enterprises. Photo: T. Trang

Document 21 / VBHN-BTC aims to help management agencies, public servants, businesses, customs declarants and people can quickly search provisions of Circular 39/2015 / TT -BTC and Circular 60/2019 / TT-BTC in the most comprehensive and convenient manner regarding the regulations on customs value of imports and exports.

Through monitoring the inspection, ruling and valuation, the General Department of Customs recognizes some emerging problems from practical implementation.

Therefore, to ensure and organize the implementation, avoid arising problems and overcome these situations, the General Department of Customs has requested the provincial and municipal Customs Departments to organize training and disseminate full provisions of Circular 39/2015 / TT-BTC, Circular 60/2019 / TT-BTC and the guidance documents of the General Department of Customs.

Regarding the customs management method in the field of value, Circular 60/2019 / TT-BTC supplements subjects under management that are risky enterprises. This is an important change in the customs management method, from management by each transaction into management by the subject of import and export.

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Circular 60/2019 / TT-BTC also stipulates a list of risky enterprises of customs value as a content in the price database, they aresubject to value inspection during and after customs clearance. The including of enterprises into Circular 60/2019 / TT-BTC is a warning to the business community that the Customs office will strengthen inspection of high-risk businesses and create favorable conditions for legitimate businesses.

By Dao Le/ Huyen Trang

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