Official letter No. 938/TCHQ-TXNK
dated March 6th, 2023 of the General Department of Vietnam Customs regarding duty policy for goods temporarily exported, re-imported for lease
Posted: 8/3/2023 9:11:13 AM | Latest updated: 13/3/2023 8:13:34 AM (GMT+7)
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The General Department of Vietnam Customs notes that goods temporarily exported, re-imported under a lease contract do not belong to the cases exempt from import duty, export duty according to point a clause 9 Article 16 of the Law on Import and Export Duties No. 107/2016/QH13 .
Accordingly, enterprises still have to declare and pay export duty (if any) upon temporarily exporting and pay import duty upon re-importing goods under the lease contract.
Ms Phuong Thao (VietlawOnline.com)
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