![Jean Marc Deschamps](https://www.forvismazars.com/var/mazars/storage/images/_aliases/user_block/media/global-contents/group-data-base/contact-photos/panoramic/jean-marc-deschamps/56333315-1-eng-GB/a55fc35a3841-Jean-Marc-Deschamps.jpg.webp)
Mazars in Vietnam Newsletter - Customs Update - Issue December 2020
Mazars Vietnam Customs Newsletter - December 2020
1. CUSTOMS DECLARATION & TAX POLICY
- Some common mistakes in carrying out Customs declaration
- Suspending the implementation of OL No. 7380/TCHQ-GSQL relating to declaration of bill of lading number
- Guidance on declaration of goods loading place for EVFTA benefit
- Expiration of Laos’ special-preferential import tariffs
- Circular No. 04/2007/TT-BTM of the Ministry of Trade still governing on-spot export of FDI companies
- Bonded warehouse lease must be contracted by goods owner
2. CERTIFICATE OF ORIGIN (C/O)
- On-spot export, unless from non-tariff zone, is not eligible to self-certify C/O under the ASEAN Trade in Goods Agreement (ATIGA)
- Box No. 1 in C/O Form E must indicate name of the exporter or producer
- Requirement to submit C/O at import stage in case of imported goods having anti-dumping duty
3. CUSTOMS PROCEDURE & TAX POLICY APPLYING TO EXPORT-MANUFACTURING MODEL, EXPORT-PROCESSING MODEL AND EXPORT-PROCESSING ENTERPRISES (“EPEs”).
- Paid import duty on imported material of export-manufacturing model is not refundable if the export is indirect export (on-spot export)
- EPE company must declare the change on usage purpose before destroying borrowed molds under the foreign mold owner’s request
4. SPECIALIZED MANAGEMENT REQUIREMENTS FOR IMPORTED GOODS
- New Circular on the management of veterinary medicine containing narcotic substance and precursor
- Launching customs post-clearance audit and specialized inspection to cases of imported “threaded drop-in anchor” and “threaded nuts” that have been approved for Customs clearance
- Imported steel of Grade 2 will be requested for price consultation if the import documents fail to clearly indicate the goods quality (Grade 2)
- Checking on safety and environmental protection on imported forklifts belonging to HS code 84.27 regardless of the usage purpose
Our support
We do trust the above points are notable and sufficient, but should you have any question or need a deeper discussion on this issue, please do not hesitate to contact us.
Download the issue in the PDF extension in English and Vietnamese as below. |