Goods from the non-tariff zone imported into the domestic market that meet the conditions of origin from countries, groups of countries or territories which have agreements on special import tax preferences in their trade relations with Vietnam shall be imposed. Inclusion of preferential tax rates, special incentives.
The list of countries, groups of countries and territories which enjoy preferential tax rates and special preferences is provided for in Official Dispatch No. 8678 / TCHQ-TXNK of September 9, Illustration
That is the response of the General Department of Customs to the difficulties faced by Denyo Vietnam Co., Ltd on the export of generators to the domestic market, and the conditions for imposing preferential tax rates. special.
Analyzing the conditions for preferential and special preferential rates, the General Department of Customs considers that under Clause 3, Article 5 of the Law on Export Tax and Import Tax No. 107/2016/QH13, Preferential tax rates applicable to import / export goods and services with C/O origin certificates from countries, groups of countries or territories which apply the most favored nation treatment in their trade relations with Vietnam. ; Goods imported from the non-tariff zone into the domestic market, meeting the conditions of origin from the countries, groups of countries or territories which apply the most favored nation treatment in their trade relations with Vietnam; This list of countries, groups of countries and territories is specified in Official Letter No. 8678/TCHQ-TXNK dated September 9.
Special preferential tax rates applicable to imported goods originating from countries, groups of countries or territories which have agreements on special import tax preferences in their trade relations with Vietnam; Goods from the non-tariff zone imported into the domestic market, meeting the conditions of origin from the countries, groups of countries or territories, which have agreements on special import tax preferences in their trade relations with Vietnam;
Specifically, goods subject to special preferential tariff rates in Vietnam - Japan as stipulated in Circular No.25 / 2015 / TT-BTC must meet the following conditions: Under the Preferential Import Tariff Specially issued with Circular No. 25/2015 / TT-BTC; Imported from Japan into Vietnam; Directly shipped from Japan to Vietnam, according to the regulations of the Ministry of Industry and Trade.
At the same time, the provisions on origin of goods in the Japan-Vietnam Economic Partnership Agreement are required to be met, and the certificate of origin of Vietnam-Japan C/O goods under the form of the Ministry of Planning and Investment according to the Ministry's regulations. Industry and Trade.
Regarding tax rates, based on the Preferential Import Tariff promulgated together with Decree No. 122/2016 / ND-CP, the preferential import tax rates (MFN) of generators and transformers with The 8502.11.00 code is 15%, code 8502.12.10 is 10%, code 8502.12.20 is 10%.
Regarding the tax policy for enterprises importing goods from export processing zones, the General Department of Customs said that under Clause 2, Article 2 of Decree No. 134/2016 / ND-CP,
Goods imported from export processing enterprises, export processing zones, bonded warehouses, bonded warehouses and non-tariff areas into the domestic market are subject to tax.
Accordingly, Denyo Vietnam Limited Liability Company shall base itself on the above-mentioned provisions and contact the customs office where the customs clearance registration is made for specific guidance.
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