Official letter No. 4613/TCHQ-TXNK
dated November 2nd, 2022 of the General Department of Vietnam Customs regarding handling of duty on goods imported for manufacture of goods for export
Posted: 3/11/2022 9:04:00 AM | Latest updated: 9/11/2022 9:08:30 PM (GMT+7)
| LuatVietnam: 5581
According to opinions of the General Department of Vietnam Custom, a bonded warehouse not only meets the definition of a non-tariff zone according to clause 1 Article 4 of the Law on Import and export duties No. 107/2016/QH13 but also is a customs-controlled area according to clause 4 Article 3 of the Law on Foreign trade management No. 05/2017/QH14 and the trading relation between the boned warehouse and the outside area is considered to be the import and export relation.
Accordingly, in case an enterprise that imports goods from a bonded warehouse into the inland area for manufacturing goods for export and the goods have been exported abroad in reality meets the conditions at Article 12 of Decree No. 134/2016/ND-CP (amended, supplemented at clause 6 Article 1 of Decree No. 18/2021/ND-CP), it shall be also exempt from import duty and not be subject to value added tax.
Ms Phuong Thao (VietlawOnline.com)
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