NO NEW CIRCULAR GUIDES THE LAW ON IMPORT AND EXPORT DUTY
VCN- Instead of drafting the Circular guiding some provisions of the Law on Import and Export Duty and Decree 134/2016 / ND-CP, these guidelines will now be provided in the draft Circular supplementing and amending Circular 38/2015 / TT-BTC which the General Department of Vietnam Customs is developing.
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| Customs operations at the Thanh Thuy Customs Branch under the Ha Giang Customs Department. Photo: T. Trang. |
That is the content which Mrs. Nguyen Kim Thoa – the Head of Tax Policy Division (the Import and Export Duty Department under the General Department of Vietnam Customs) exchanged with a reporter of the Customs Newspaper.
Reportedly, the contents related to import-export duty and tax administration will abolish Articles 40, 42, 46, 105, 108, 109, 110, 112 and 113 in Circular 38/2015 / TT-BTC.
Accordingly, in the draft Circular amending and supplementing Circular 38/2015 / TT-BTC will guide some regulations on import and export duty such as: payment of additional tax declaration; tax bases; the examination and processing of Customs valuation results; processing of Customs valuation results; guarantee and deposit tax money; location and form of tax payment; payment of Customs fees; taxes imposing on imported and exported goods; tax exemption for imported goods for processing, notification of the list of duty-free goods and tax refund cases.
By Thu Trang/ Hoang Anh
Source: http://customsnews.vn/