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New Circular-Custom procedure, custom supervision and import export duty etc

Global Tax Update:May 2015/Vietnam

New Circular guiding on custom procedure; custom audit and supervision; import export duty and tax administration for imported and exported goods, replacing the Circular 128/2013/TT-BTC, Circular 22/2014/TT-BTC and some other relevant Circulars. (Global Tax Update:May 2015/Vietnam)

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1. New Circular-Custom procedure, custom supervision and import export duty etc

New Circular guiding on custom procedure; custom audit and supervision; import export duty and tax administration for imported and exported goods, replacing the Circular 128/2013/TT-BTC, Circular 22/2014/TT-BTC and some other relevant Circulars.

Following Decree 08/2015/NĐ-CP dated 21/1/2015 issued by the Government detailing the Law on Custom 2014 regarding the custom procedure; custom supervisions; on 25/3/2015 the Ministry of Finance had issued Circular 38/2015/TT-BTC guiding on custom procedure; custom audit and supervision; import export duty and tax administration for imported, exported goods. The Circular has come to effect from 1/4/2015 and repealed Circular 128//2013/TT-BTC regarding the custom procedure, custom management and supervisions, and import export duty; Circular 22/2014/TT-BTC on e-customs; Circular 13/2014/TT-BTC on processing, and Circular 94/2014/TT-BTC regarding custom procedure, custom management and control on temporary import for re-exported goods and other related regulations.

2. New Circular guiding the classification of imports and exports, replacing Circular No. 49/2010/TT-BTC; and Circular guiding customs valuation, replacing Circular No. 205/2010/TT-BTC, and Circular No. 29/2014/ TT-BTC

Along with the issuance of Circular 38, the Ministry of Finance also issued other circulars to conduct detail instruction of the Law on Customs 2014, including:

  • Circular 14/2015/TT-BTC issued on 30 January 2015 provide guidance on the analysis of commodity classification for quality and safety management on Import/ Export goods. This Circular becomes effective from 17 March 2015, replacing Circular 49/2010/TT-BTC dated 12 April 2010; Article 17, Article 97 of Circular 128/2013/ TT-BTC dated 09 October 2013; and Official Letter 1280/BTC-TCHQ dated 24 January 2014.
  • Circular 39/2015/TT-BTC dated 25 March 2015 regulating customs valuation of import-export goods. The Circular provides detail instructions of defined contents in the Circular 205/2010/ TT-BTC dated 15 December 2010 and Circular 29/2014/ TT-BTC dated 26 February 2014. This Circular replaces such Circular 205 and Circular 29 and becomes effective from 1 April 2015.

 

>> Click for Japanese [新Circular:通関手続、税関検査、輸出入関税 ほか Circular38/2015/TT-BTC関連]

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