CUSTOMS DUTY POLICY IN VIETNAM ARE FLEXIBLE
VCN – As a suggestion of Eurocham about Vietnam Government need to be more flexible in the regulation of Customs duty, General Department of Customs said that the policies of Vietnam Customs duty are very flexible and facilitate to import enterprises as well as suitable with international practices.
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| Customs officers at Hai Phong Customs Department instruct business to do Customs procedure. Photo: H.Nụ |
Furthermore, Eurocham expected that Vietnam Government should continue to improve the implementation of Customs regulations. In that, it should be more flexible in Customs’ regulations, limiting collecting arrears of closed tax periods for the most serious cases.
Discussing on this issue, Mr. Vu Van Hai, Deputy Director of Legal Department, General Department of Customs, said that in 2016, the National Assembly promulgated Law No. 106/2016 / QH13, Export-Import Law No. 107/2016 / QH13. On that basis, the Government has issued Decree No. 100/2016 / ND-CP dated 1 July 2016 and Decree 134/2016 / NĐ-CP dated 1/9/2016.
For example, some taxable goods are subject to tax-exempt objects such as imported goods for export production, goods that have value or amount to be paid below the minimum level; Machinery, equipment, raw materials, supplies, components, parts and accessories imported for printing and minting money; Temporarily imported and re-export goods or temporarily exported and re-import within a certain period of time. Mr. Vu Van Hai emphasized that Vietnam’s Customs duty policies are now flexible, facilitating to import enterprises and comply with international practices.
Also, Mr. Vu Van Hai stated that for collecting arrears (tax assessment) is specified in Article 39 of Law on Tax Administration. Therefore, it is recommended that if Eurocham and the business community have related problems, they can research and comply with regulations.
By Đảo Lê/Thanh Thuy
Source: http://customsnews.vn/