What are kết quả bóng đá trực tiếp cases of exemption from import duty on advertisement publications in Vietnam?
What is kết quả bóng đá trực tiếp definition ofadvertisementpublication in Vietnam?
According to Article 2 of kết quả bóng đá trực tiếpAdvertising Law 2012:
Interpretation of terms
In this Law, kết quả bóng đá trực tiếp following terms are construed as follows:
1. Advertising is kết quả bóng đá trực tiếp employment of various means in order to present kết quả bóng đá trực tiếp public with kết quả bóng đá trực tiếp profitable products, goods and service; non-profitable products and services; organizations and individuals trading and providing kết quả bóng đá trực tiếp presented products, goods and services, except for news, social policies; personal information.
2. Profitable services are services aiming to make profit for kết quả bóng đá trực tiếp organizations and individuals that provide such services; non-profit services are services serving kết quả bóng đá trực tiếp social interests that do not make profit for kết quả bóng đá trực tiếp organizations and individuals that provide such services.
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Thus, advertisement publications are printed products used to present kết quả bóng đá trực tiếp public with profitable products, goods and service; non-profitable products and services; organizations and individuals trading and providing kết quả bóng đá trực tiếp presented products, goods and services, except for news, social policies; personal information.
What are kết quả bóng đá trực tiếp cases of exemption from import duty on advertisement publications in Vietnam? (Image from kết quả bóng đá trực tiếp Internet)
What are kết quả bóng đá trực tiếp cases of exemption from import duty on advertisement publications in Vietnam?
According to Clause 1, Section 8,Official Dispatch 12166/BTC-TCHQ in 2016:
VIII.
Tax exemption for non-commercial goods
1. A non-commercial good is exempted from import duty if:
a) it is a sample product of which customs value does not exceed VND 50,000 (fifty thousand dong) or a product used as a sample product which is not traded, exchanged or consumed;
b) it is a photo of a sample product, a video of a sample product or a mockup used as replacement for a sample product;
c) it is a advertisement publication referred to in Chapter 49 of kết quả bóng đá trực tiếp Schedule of imports and exports of Vietnam, including: flyers, trade catalogues, yearbooks, advertising materials or tourism posters used for kết quả bóng đá trực tiếp purpose of advertising, launching or advertising a product or service and provided free of charge. It is exempted from import duty in accordance with Clause 10 Article 16 of kết quả bóng đá trực tiếp Law on Export and Import Duty provided each shipment is composed of 01 type of advertisement publication and kết quả bóng đá trực tiếp gross weight of that shipment is less than 1 kg. Where each shipment contains various advertisement publications, each advertisement publication has only one copy or kết quả bóng đá trực tiếp maximum gross weight of 01 kg.
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Thus, import duty on an advertisement publication isexempt if it is an advertisement publication referred to in Chapter 49 of kết quả bóng đá trực tiếp Schedule of Imports and Exports of Vietnam, including flyers, trade catalogs, yearbooks, advertising materials or tourism posters used for kết quả bóng đá trực tiếp purpose of advertising, launching or advertising a product or service and provided free of charge.
Conditions include: each shipment is composed of 01 type of advertisement publication and kết quả bóng đá trực tiếp gross weight of that shipment is less than 1 kg. Where each shipment contains various advertisement publications, each advertisement publication has only one copy or a maximum gross weight of 01 kg.
What arethe procedures forexemption of duty on advertisement publications in Vietnam?
According to Clause 2, Section 8,Official Dispatch 12166/BTC-TCHQ year 2016:
Tax exemption for non-commercial goods
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2. Document requirements and procedures for tax exemption shall be subject to applicable regulations on tax exemptions for goods that must be registered in kết quả bóng đá trực tiếp Schedule of duty-exempt goods as prescribed by kết quả bóng đá trực tiếp Circular No. 38/2015/TT-BTC of kết quả bóng đá trực tiếp Ministry of Finance dated March 25, 2015.
Referring to Clause 2, Article 105 of Circular 38/2015/TT-BTC, kết quả bóng đá trực tiếp procedures for tax exemption are carried outas follows:
- kết quả bóng đá trực tiếp taxpayer shall calculate and declare kết quả bóng đá trực tiếp amount of exempt tax on each article (except for goods imported for processing). kết quả bóng đá trực tiếp customs declaration is similar to kết quả bóng đá trực tiếp case in which tax has to be paid. kết quả bóng đá trực tiếp customs authority shall compare kết quả bóng đá trực tiếp tax exemption documents and kết quả bóng đá trực tiếp amount of tax to be exempt with applicable regulations to carry out procedures for granting exemption to each of kết quả bóng đá trực tiếp customs declaration as prescribed.
If kết quả bóng đá trực tiếp customs authority determines that exports or imports are not eligible for tax exemption as declared, tax shall be collected and penalties shall be imposed (if any);
- In case kết quả bóng đá trực tiếp taxpayer faces objective difficulties and other cases in which export duty, import duty is exempt prescribed by kết quả bóng đá trực tiếp Government:
+ kết quả bóng đá trực tiếp taxpayer shall determine kết quả bóng đá trực tiếp amount of exempt tax and submit a written request (enclosed with relevant documents) to kết quả bóng đá trực tiếp General Department of Customs (kết quả bóng đá trực tiếp General Department of Customs shall send a report to kết quả bóng đá trực tiếp Ministry of Finance, and kết quả bóng đá trực tiếp Ministry of Finance shall request kết quả bóng đá trực tiếp Prime Minister to consider granting tax exemption);
+ kết quả bóng đá trực tiếp General Department of Customs shall check all documents. If documents are not satisfactory or kết quả bóng đá trực tiếp reasons for tax exemption must be clarified, kết quả bóng đá trực tiếp taxpayer shall be notified in writing. After kết quả bóng đá trực tiếp basis is ample, kết quả bóng đá trực tiếp General Department of Customs shall send a draft report to kết quả bóng đá trực tiếp Ministry of Finance, which is then submitted to kết quả bóng đá trực tiếp Prime Minister;
+ According to kết quả bóng đá trực tiếp directive of kết quả bóng đá trực tiếp Prime Minister, kết quả bóng đá trực tiếp Ministry of Finance shall send a notification to taxpayer and relevant customs authority;
+ kết quả bóng đá trực tiếp customs authority where procedures for export/import of goods are followed shall grant exemption of export duty/import duty on kết quả bóng đá trực tiếp corresponding quantity of goods or collect tax in full as directed by kết quả bóng đá trực tiếp Prime Minister.
