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blue-check From August 1st, 2021: It is not required the written certification of medical equipment of the Ministry of Health for entitlement to 5% VAT

Official letter No. 4137/TCHQ-TXNK dated August 23rd, 2021 of the General Department of Vietnam Customs regarding value added tax (VAT) policy applicable to oxygen generators
Posted: 26/8/2021 3:47:01 PM | Latest updated: 1/9/2021 4:55:36 PM (GMT+7) | LuatVietnam: 5282 | Vietlaw: 524
VietlawOnline

According to the new regulations at Circular No. 43/2021/TT-BTC, from August 1st, 2021 if medical equipment has the certificate of registration of free sale or the receipt note of the declaration of applicable standard, it shall be entitled to 5% VAT.

However, it should note that, according to clause 1 Article 20 of Decree No. 36/2016/ND-CPstatus1 , the receipt note of the declaration of applicable standard is only applied to Type A medical equipment; With regard to Type B, C, or D equipment, it is required to have the certificate of registration of free sale.

For the period before August 1st, 2021, under Circular No. 26/2015/TT-BTCstatus2 , imported medical equipment that has not yet specifically identified must have the written certification of the Ministry of Health in order to be entitled to 5% VAT.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 524
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