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blue-check Notes in relation to conditions and procedures for liquidation of duty-free goods of investment projects

Official letter No. 663/HQTPHCM-GSQL dated March 31st, 2022 of the Customs Department of Ho Chi Minh city regarding issues relating to transfer of goods into domestic use
Posted: 4/4/2022 7:49:51 AM | Latest updated: 5/4/2022 5:58:29 PM (GMT+7) | LuatVietnam: 5426
VietlawOnline

Conditions, procedures for liquidation of duty-free imports of investment projects shall be carried out according clause 3 Article 85 of Circular No. 38/2018/TT-BTCstatus2 (amended at Circular No. 39/2018/TT-BTCstatus2 )

Accordingly, it is required to note that for foreign-invested projects, conditions for liquidation of duty-free imports of the projects shall be based on the regulations at Circular No. 04/2007/TT-BTM.

For a domestic project, when liquidating, repurposing goods, it is required to declare, calculate tax on a new declaration according to Article 21 of Circular No. 38/2018/TT-BTCstatus2 .

Procedures for liquidation of duty-free imports shall be carried out at the customs office where the List of duty-free goods is registered.

Specific procedures are detailed at point c clause 3 Article 85 of Circular No. 38/2018/TT-BTCstatus2 .

Ms Phuong Thao (VietlawOnline.com)
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