Accordingly, upon executing projects on automobile manufacture and assembly, production of automobile parts, enterprises shall be exempt from import duties on goods imported to form fixed assets according to Clause 11 Article 16 of the Law on import and export duties No. 107/2016/QH13.
In addition, “automobile manufacture and assembly” also belongs to the List of supporting industries prioritized the development ( Section IV of the Annex issued together with Decree No. 111/2015/ND-CP), and therefore projects on automobile manufacture and assembly shall be considered to be the projects entitled to special investment incentives ( Section A Appendix I of Decree No. 118/2015/ND-CP).
Accordingly, the projects shall be exempt from import duties on raw materials, supplies and components which cannot be domestically manufactured for 05 years from the commencement of manufacture according to Clause 13 Article 16 of the Law on imports and export duties No. 107/2016/QH13.
The application for duty exemption shall be carried out according to Article 30, Article 31 of Decree No. 134/2016/ND-CP.
Similar to the earlier regulations, under this Decree only holders of certificates of eligibility are eligible to provide motor vehicle inspection services.
In addition, under the new regulations, organizations performing motor vehicle inspection services must be legally and financially independent from providers of auto transport services, services of motor vehicle care and repairs.
The legal and financial independence shall be interpreted as follows:
+ not affiliated to a superior body;
+ the provider of auto transport services, services of motor vehicle care and repairs does not hold more than 10% of shares or stakes of the inspection organization.
This Decree takes effect from January 1st, 2019 and replaces Decree No. 63/2016/ND-CP dated July 1st, 2016.
Accordingly, the maximum prices of parking services applicable to motorbikes are VND 6,000/vehicle/period and VND 9000 vehicle/period (for night time); the maximum price of parking services applicable to autos is VND 35,000/vehicle/ period. For trucks, the maximum price of parking service is VND 100,000 vehicle/ period.
Particularly, at schools, hospitals, gas stations, markets, supermarkets, recreational places, community events, cultural houses, children's houses, youth centers, parks, etc. the maximum prices of parking services applicable to motorbikes are VND 4,000/vehicle/period and VND 9000/vehicle/period for night time.
This Decision takes effect from October 1st, 2018 and replaces Decision No. 6888/QD-UBND dated December 30th, 2016.
Accordingly, from November 5th, 2018, upon import of motorbikes of high cylinder capacity (from 175 cm3 or more), enterprises shall no longer apply for a permit as previously. Instead, they shall carry out procedures for import at Customs authorities.
This Circular takes effect from November 5th, 2018.
Accordingly, in case an automobile-manufacturing and/or-assembling enterprise entrusts another enterprise to import auto parts, it shall be also entitled to apply 0% import duty.
If the entrusting enterprise pays import duty in excess of the payable duty amount (because it applies a duty rate greater than 0%, the overpaid duty shall be refunded upon making finalization. However, in the application for applying 0% duty rate, it is required to enclose the entrusted party’s written request for refund of the overpaid duty to the entrusting enterprise’s account.
Point 2 of this Official letter also provides guidelines on settlement of inventory imported auto parts at the end of each period and replaces the guidelines on transfer of inventory auto parts to a next period provided in point 1 of Official letter No. 3782/TCHQ-TXNK dated June 28th, 2018.
Accordingly, if an enterprise meets the conditions specified in Clause 2 Article 7a of Decree No. 125/2017/ND-CP, it may register to enjoy the import duty rate of 0% for auto parts. Particularly, the conditions on “auto parts which cannot be domestically manufactured” shall be determined according to the regulations of Circular No. 14/2015/TT-BKHDT.
The application for enjoyment of 0% import duty shall be carried out according to point a Clause 3 Article 7a of Decree No. 125/2017/ND-CP and submitted at Sub-department of Customs where the enterprise’s head office or factory is located. Time limit for submission of the application is before the import of the first consignment.
Regarding dossier of and procedures for import of auto parts entitled to the incentive Program, they shall be carried out according to current regulations and the guidelines provided in points 3, 4 of this Official letter. Customs procedure code shall be declared A43.
It should note that, at the time of registration of the import declaration of auto parts, the enterprise shall not be entitle enjoy the import duty rate of 0% but it shall still declare and pay import duty according to the common duty rate, special preferential duty rate or preferential duty rate. Every year (within 60 days from June 30th or December 31st), the enterprise shall submit the application to request for enjoyment of 0% import duty for its imported auto parts.
Accordingly, with regard to conditions on categories, quantity of duty-free import of cars, motor vehicles of diplomatic entities, it is required to comply with the new regulations at Clause 1 Article 5 of Decree No. 134/2016/ND-CP.
Regarding conditions for transfer of diplomatic cars, it is allowed to transfer cars manufactured for more than 5 years to entities other than diplomatic entities in Vietnam provided that the vehicles must be certified by the competent registry that they still meet roadworthiness standard.
In addition, regarding tax policy, this Decision species that when diplomatic entities import cars, motor vehicles, they shall be wholly exempt from import duty, value added tax and excised tax.
Tax policies applicable to transfer of diplomatic cars shall be also carried out according to the new regulations at Decree No. 122/2016/ND-CP and Decree No 125/2017/ND-CP.