Rate of imported goods for export production sent to an outsourcing enterprise is not stipulated

By Ngoc Linh/Ngoc Loan

08:55 | 28/11/2021 Regulations Follow english.haiquanonline.com.vn on

VCN – Decree 18/2021/ND-CP does not stipulate the percentage of imported goods for export production that are sent to an outsourcing enterprise.

	Fear of raw material shortage for export production
	General Department of Vietnam Customs instruct Decree 18 for over 200 enterprises
	Decree 18/2021/ND-CP specifying tax incentives for processing activities, export production

Rate of imported goods for export production sent to an outsourcing enterprise is not stipulated

Officers of HCM City Customs Department inspect imported materials. Photo: Thu Hoa

Pys Vietnam Technology Co., Ltd asked the General Department of Vietnam Customs (GDVC) about the company sending imported materials for export production to an outsourcing enterprise and receive finished products for export, whether the company is eligible for tax exemption. And if are there any regulations on the percentage of imported goods for export production sent to an outsourcing enterprise.

Regarding this question, the GDVC says that Clause 6, Article 1 of Decree 18/2021/ND/CP does not stipulate the percentage of imported goods for export production that are sent to an outsourcing enterprise.

The GDVC cites Article 12 in Decree 134/2016/ND-CP amended and supplemented in Clause 6, Article 1 of Decree 18/2021/ND-CP as saying that if the domestic enterprise imports goods for export production and then sends them and semi-finished products to an outsourcing enterprise in the non-tariff zone as per point a.1, a.2, a.3 of Clause 2 Article 12, it will be exempted from export duty.

The outsourced goods in non-tariff zones must be taxable when they are imported to the domestic market according to Clause 2, Article 22 of Decree 134/2016/ND-CP and instructions in the GDVC’s Official Letter 3634 dated July 19.

By Ngoc Linh/Ngoc Loan

Tags:

imported goods export production outsourcing enterprise

Related News

Long An Customs: Preventing fraud in export processing and production

10:10 | 13/03/2023 Anti-Smuggling

VCN – Recently, Long An Customs Department has launched many solutions to manage and prevent fraud in the export production and processing of enterprises in the area.

Customs shares experience in managing types of processing, export production, and export processing

13:57 | 24/02/2023 Customs

VCN - In order to assess the general situation of customs management, inspection and supervision for processed and produced export goods; exchanging management experiences and proposing new customs management methods under the digital customs model, on February 20 and 21, the General Department of Vietnam Customs held a seminar on customs management for processing, export production and export processing in Binh Duong.

More than 40 containers of imported electric cables raise doubts

14:11 | 17/02/2023 Anti-Smuggling

VCN – Saigon port area 1 Customs Branch - Ho Chi Minh City Customs Department inspected an imported shipment declared as Chinese origin goods by an enterprise, but the "MADE IN VIETNAM" text is printed on the cartons. More than 40 containers of imported and exported goods of this enterprise are being investigated.

Reform of quality inspection and food safety inspection requires determination to change

09:58 | 26/12/2022 Customs

VCN - The Ministry of Finance held a meeting with a number of ministries and sectors to discuss issues that still have different opinions in the draft Decree on state management mechanisms on food safety for imported goods. Deputy Minister of Finance Nguyen Duc Chi chaired the meeting.

Latest News

Enterprises have the right to pre-determine HS codes

09:55 | 06/04/2023 Regulations

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

11:39 | 01/04/2023 Regulations

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

13:44 | 31/03/2023 Regulations

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

13:43 | 27/03/2023 Regulations

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

09:33 | 26/03/2023 Regulations

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

09:32 | 26/03/2023 Regulations

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

10:16 | 25/03/2023 Regulations

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

09:03 | 24/03/2023 Regulations

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

11:55 | 22/03/2023 Regulations

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

17:21 | 13/03/2023 Regulations

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' value

10:09 | 13/03/2023 Regulations

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

15:10 | 27/02/2023 Regulations

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

14:13 | 26/02/2023 Regulations

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.

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