What is current list xem bóng đá trực tiếp vtv2 goods exempt from import tax and export tax in Vietnam?

What is current list xem bóng đá trực tiếp vtv2 goods exempt from import tax and export tax in Vietnam?

In Article 16 xem bóng đá trực tiếp vtv2 the Law on Export Tax and Import Tax 2016, there is a list xem bóng đá trực tiếp vtv2 goods exempt from import tax and export tax including:

1. Exported or imported goods xem bóng đá trực tiếp vtv2 foreign entities granted diplomatic immunity and privileges in Vietnam within the allowance under an international treaty to which Socialist Republic xem bóng đá trực tiếp vtv2 Vietnam is a signatory; luggage within the tax-free allowance xem bóng đá trực tiếp vtv2 inbound and outbound passengers; imports to be sold at duty-free shops.

2. Personal belongings, gifts from foreign entities to Vietnamese entities and vice versa within the tax-free allowance.

If the quantity or value xem bóng đá trực tiếp vtv2 personal belongings or gifts exceeds the tax-free allowance, the excess amount or value shall be taxed, unless the recipient is an entity funded by state budget and permitted by a competent authority to receive them or they are meant to serve humanitarian or charitable purposes.

3. Goods traded across the border xem bóng đá trực tiếp vtv2 border residents on the List xem bóng đá trực tiếp vtv2 goods and within the tax-free allowance serving the manufacturing or consumption by border residents.

Goods that are purchased or transported within the tax-free allowance but do not serve the manufacturing or consumption by border residents, exports and imports xem bóng đá trực tiếp vtv2 foreign traders permitted to be sold at bordering markets shall be taxed.

4. Goods exempt from export and import duties under international treaties to which Socialist Republic xem bóng đá trực tiếp vtv2 Vietnam is a signatory.

5. Goods whose value or tax payable is below the minimum level.

6. Imported raw materials, supplies, components serving processing xem bóng đá trực tiếp vtv2 exports; finished products imported to be fixed on processed products; outward processing products.

Regarding outward processing products derived from domestic raw materials that subject to export duties, the amount xem bóng đá trực tiếp vtv2 domestic raw materials incorporated into the products shall be taxed.

Goods exported for processing and then imported are exempt from export duty and import duty on the value xem bóng đá trực tiếp vtv2 exported raw materials incorporated into the processed products. Goods exported for processing and then imported that are natural resources, minerals, or products whose the total value xem bóng đá trực tiếp vtv2 natural resources or minerals plus energy costs makes up at least 51% xem bóng đá trực tiếp vtv2 the product price shall be taxed.

7. Materials, supplies, components imported for manufacture xem bóng đá trực tiếp vtv2 exports. products.

8. Goods manufactured, processed, recycled, assembled in a free trade zone without using imported raw materials or components when they are imported into the domestic market.

9. Goods temporarily imported for re-export or goods temporarily exported for re-import within a certain period xem bóng đá trực tiếp vtv2 time, including:

a) Goods temporarily imported or exported to participate in fairs, exhibitions, product introduction, sports or art events, or other events; machinery and equipment temporarily imported for re-export for testing, research and development; machinery and equipment, tools temporarily imported or exported to be used for certain period xem bóng đá trực tiếp vtv2 time or serve overseas processing, except for machinery, equipment, tools, vehicles permitted to be temporarily imported too serve investment projects, construction, installation, or manufacture;

b) Machinery, equipment, components, spare parts temporarily imported for replacement or repair xem bóng đá trực tiếp vtv2 foreign ships or airplanes, or temporarily exported for replacement or repair xem bóng đá trực tiếp vtv2 Vietnamese ships or airplanes overseas; goods temporarily imported to supply for foreign ships or airplanes in Vietnam's ports;

c) Goods temporarily imported or exported for warranty, repair, or replacement;

d) Vehicles temporarily imported or exported to carry exports or imports;

dd) Goods that are temporarily imported and re-exported by the deadline or extended deadline and a credit institution provides a guarantee or a deposit equivalent to import duties on the temporarily imported goods has been paid.

10. Non-commercial goods: samples, pictures, videos, models instead xem bóng đá trực tiếp vtv2 samples; advertisement publications in small quantities.

11. Imports as fixed assets xem bóng đá trực tiếp vtv2 an entity eligible for investment incentives as prescribed by regulations xem bóng đá trực tiếp vtv2 law on investment, including:

a) Machinery and equipment; components, parts, spare parts for assembly or operation xem bóng đá trực tiếp vtv2 machinery and equipment; raw materials for manufacture xem bóng đá trực tiếp vtv2 machinery and equipment, components, parts, or spare parts xem bóng đá trực tiếp vtv2 machinery and equipment;

b) Special-use vehicles in a technological line directly used for a manufacture project;

c) Building materials that cannot be domestically produced.

Exemption xem bóng đá trực tiếp vtv2 import duty on the imports specified in this Clause also applies to new investment projects and extension projects.

12. Plant varieties; animal breeds, fertilizers, pesticides that cannot be domestically produced as prescribed by competent authority.

13. Raw materials and components which cannot be domestically manufactured and are imported serving the manufacturing xem bóng đá trực tiếp vtv2 investment projects eligible for investment incentives or in an extremely disadvantaged area prescribed by regulations xem bóng đá trực tiếp vtv2 law on investment, high technology enterprises, science and technology enterprises, science and technology organizations are exempt from import duties for 05 years from the commencement xem bóng đá trực tiếp vtv2 manufacture.

The exemption xem bóng đá trực tiếp vtv2 import duties specified in this Clause does not apply to mineral extraction projects; projects for manufacture xem bóng đá trực tiếp vtv2 products where total value xem bóng đá trực tiếp vtv2 natural resources or minerals plus energy costs makes up at least 51% xem bóng đá trực tiếp vtv2 the product price; projects for manufacture or sale xem bóng đá trực tiếp vtv2 goods/services subject to special excise tax.

14. Raw materials and components which cannot be domestically manufactured xem bóng đá trực tiếp vtv2 investment projects for manufacture or assembly xem bóng đá trực tiếp vtv2 medical equipment given priority shall be exempt from import duties for 05 years from the commencement xem bóng đá trực tiếp vtv2 manufacture.

15. Imports serving petroleum activities, including:

a) Machinery, equipment, components, means xem bóng đá trực tiếp vtv2 transport necessary for petroleum activities, including those temporarily imported for re-export;

b) Components, parts, spare parts for assembly or operation xem bóng đá trực tiếp vtv2 machinery and equipment; raw materials for manufacture xem bóng đá trực tiếp vtv2 machinery and equipment, components, parts, or spare parts xem bóng đá trực tiếp vtv2 machinery and equipment necessary for petroleum activities;

c) Supplies necessary for petroleum activities that cannot be domestically produced.

16. Shipbuilding projects and shipyards eligible for incentives as prescribed by regulations xem bóng đá trực tiếp vtv2 law on investment shall have tax exempted from:

a) Imports that constitute fixed assets xem bóng đá trực tiếp vtv2 the shipyard, including: machinery and equipment; components, parts, spare parts for assembly or operation xem bóng đá trực tiếp vtv2 machinery and equipment; raw materials for manufacture xem bóng đá trực tiếp vtv2 machinery and equipment, components, parts, or spare parts xem bóng đá trực tiếp vtv2 machinery and equipment; means xem bóng đá trực tiếp vtv2 transport in the technological line directly serving shipbuilding; building materials that cannot be domestically produced;

c) Imported machinery, equipment, raw materials, supplies, components, semi-finished products serving shipbuilding that cannot be domestically produced;

c) Ships for export.

17. Imported machinery, equipment, raw materials, supplies, components, parts, spare parts serving money printing and mincing.

18. Imported raw materials, supplies, components serving that cannot be domestically produced serving manufacture xem bóng đá trực tiếp vtv2 information technology products, digital contents, software.

19. Exports and imports serving environmental protection, including:

a) Imported machinery, equipment, equipment, tools, supplies that cannot be domestically produced serving collection, transport, treatment wastewater, wastes, exhaust gases, environmental monitoring and analysis, production xem bóng đá trực tiếp vtv2 renewable energy, treatment xem bóng đá trực tiếp vtv2 environmental pollution, response to environmental emergencies;

b) Exports that are products xem bóng đá trực tiếp vtv2 waste recycling and treatment.

20. Imports directly serving education that cannot be domestically produced.

21. Imported dedicated machinery, equipment, components, supplies that cannot be domestically produced, scientific materials serving scientific research, technological development, technological cultivation, cultivation xem bóng đá trực tiếp vtv2 science and technology enterprises and technological innovation.

22. Imported dedicated products directly serving national defense and security, the vehicles among which must be those that cannot be domestically produced.

23. Exports and imports serving assurance xem bóng đá trực tiếp vtv2 social security, recovery from disasters, epidemics, and other special situations.

What is current list xem bóng đá trực tiếp vtv2 goods exempt from import tax and export tax in Vietnam? (Image from the Internet)

When to pay export tax on goods in Vietnam?

Article 9 xem bóng đá trực tiếp vtv2 the Law on Export Tax and Import Tax 2016 stipulates tax payment deadline.

Tax payment deadline

1. Duties on exports and imports have to be paid before customs clearance or release as prescribed by the Law on Customs, except for the case in Clause 2 hereof.

Where a credit institution provides guarantee for the amount xem bóng đá trực tiếp vtv2 tax payable, customs clearance or release shall be granted. However, late payment interest shall be paid for the period from the date xem bóng đá trực tiếp vtv2 customs clearance or release to the tax payment date in accordance with the Law on Tax administration. The guarantee period shall not exceed 30 days from the day on which the customs declaration is registered.

If the taxpayer fails to pay tax and late payment interest by the end xem bóng đá trực tiếp vtv2 the guarantee period, the guarantor shall fully pay tax and late payment interest on behalf xem bóng đá trực tiếp vtv2 the taxpayer.

2. The taxpayer given priority as prescribed by the Law on Customs shall pay tax on the customs declarations granted customs clearance or release in the month by the 10^thxem bóng đá trực tiếp vtv2 the next month. If the taxpayer fails to pay tax by the aforesaid deadline, the taxpayer shall fully pay outstanding tax and late payment interest as prescribed by the Law on Tax administration.

According to this Article, pay export tax on goods at the following times:

- Pay export tax before customs clearance or release xem bóng đá trực tiếp vtv2 goods.

- Pay export tax after customs clearance or release xem bóng đá trực tiếp vtv2 goods in cases where a credit institution guarantees the amount xem bóng đá trực tiếp vtv2 export tax payable, including late payment interest. The maximum guarantee period is 30 days from the date xem bóng đá trực tiếp vtv2 registration xem bóng đá trực tiếp vtv2 the customs declaration.

- Exception: Pay export tax no later than the 10th day xem bóng đá trực tiếp vtv2 the following month for goods cleared or released last month (applicable to taxpayers in the priority regime according to regulations on the Customs Law 2014).

When will export tax and import tax be refunded in Vietnam?

In Article 19 xem bóng đá trực tiếp vtv2 the Law on Export Tax and Import Tax 2016, it is stipulated that refund xem bóng đá trực tiếp vtv2 export tax and import tax is carried out when:

1. Cases xem bóng đá trực tiếp vtv2 tax refund:

a) Any taxpayer who has paid export duty or import duty but has no exports or imports, or the quantity xem bóng đá trực tiếp vtv2 exports or imports is smaller than the quantity on which duty is paid;

b) Any taxpayer who has paid export duty but the exports has to be re-imported shall receive a refund xem bóng đá trực tiếp vtv2 export duty and does not have to pay import duty;

c) Any taxpayer who has paid import duty but the imports has to be re-exported shall receive a refund xem bóng đá trực tiếp vtv2 import duty and does not have to pay export duty;

d) Any taxpayer who has paid tax on goods imported to serve manufacture or business operation and they have been used for manufacture xem bóng đá trực tiếp vtv2 exports and the products are already exported;

dd) Any taxpayer who has paid tax on machinery, equipment, tools, vehicles xem bóng đá trực tiếp vtv2 organizations and individuals that are permitted to be temporarily imported for re-export, except for those rented to execute investment projects, construction and installation, manufacture, when they are re-exported to abroad or exported to a free trade zone.

The amount xem bóng đá trực tiếp vtv2 import duty refunded depends on the remaining value xem bóng đá trực tiếp vtv2 goods when they are re-exported according to the period xem bóng đá trực tiếp vtv2 time over which they are used or stay in Vietnam. If the goods are no longer usable, import duty shall not be refunded.

Tax shall not be refunded if the refundable amount is below the minimum level specified by the Government.

2. Tax on the goods specified in Point a through c xem bóng đá trực tiếp vtv2 Clause 1 xem bóng đá trực tiếp vtv2 this Article shall be refunded if such goods have not been used or undergone working or processing.

3. The procedures for tax refund shall comply with regulations xem bóng đá trực tiếp vtv2 law on tax administration.

Best regards!