New regulations on conditions for recognition of bonded warehouses

By Huong Diu/ Ngoc Loan

19:16 | 17/06/2020 Regulations Follow english.haiquanonline.com.vn on

VCN- The Government has issued Decree 67/2020/ND-CP amending and supplementing a number of articles of Government Decree 68/2016 / ND-CP dated July 1, 2016 on conditions for duty-free businesses, warehouses, sites for customs clearance, customs inspection and supervision.

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new regulations on conditions for recognition of bonded warehouses

Bonded warehouse at North Thang Long Industrial Park. Photo: N.L

The Decree amends and supplements regulations on conditions for recognition of bonded warehouses.

Specifically, five conditions for recognition of bonded warehouses include areas to be proposed for recognition of bonded warehouses should be located within the areas as prescribed in Clause 1, Article 62 of the Law on Customs or border-gate economic zones or areas approved by competent agencies in the development planning for logistics centers.

Bonded warehouses are separate from surrounding areas by a fence meeting requirements for regular supervision of customs agencies except warehouses in border gates andseaports already fenced off from surrounding areas.

The minimum area of a bonded warehouse in seaports, inland waterway ports, inland container depots, international airports or international railway stations should be 1,000 m2.

The minimum area of a specialized bonded warehouseshould be 1,000m2 or minimum storage volume 1,000m3.

The minimum area of bonded warehouses not subject to the above-mentioned cases should be 5,000m2 (including warehousing, storage yards and auxiliary works) of which area of warehousing should be from 1,000m2.

The minimum area of a bonded warehouse yard should be 10,000m2 without warehousing area.

In addition, a bonded warehouse must have software that meets the requirements of storing data for making statistical reportsdirectly connected to customs agencies on the name, type, quantity, status of goods, time of receipt and dispatch and storage of goods in bonded warehousesunder customs declaration forms to manage according to the automated system for customs management and supervision.

A bonded warehouse must have a camera system that is directly connected to customs agencies and monitor all positions of the bonded warehouse 24/7 (including at gates, doors and in the bonded warehouse; the installation of camera system in the bonded warehouses storing frozen goods is not required); stores data for at least 12 months.

The Decree takes effect from August 10, 2020.

By Huong Diu/ Ngoc Loan

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