September 20, 2020 06:17

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New regulation on import-export border gate for temporary import and re-export goods

09:51 | 20/05/2020

VCN – The Ministry of Industry and Trade issued Circular 09/2020/TT-BCT stipulating the roadmap for applying import – export border gate for temporary import and re-export goods, transshipment and depositing in bonded warehouses.

new regulation on import export border gate for temporary import and re export goods
Hai Phong Customs officials inspected temporary import and re-export goods. Photo: T.Bình

Accordingly, from January 1st, 2020, regarding goods temporarily imported and re-exported, or transshipment, if it is imported or re-exported from Vietnam through land border gate, the import or re-export will only be carried out through international border gates, main border gates (bilateral border gates) that are opened in accordance with regulations in Decree No.112/2014/NĐ-CP dated November 21, 2014 of the Government stipulating land border gates management.

This provision is also applied to foreign goods that are temporarily imported and re-exported and deposited in bonded warehouses if goods are imported or re-exported from Vietnam through land borders.

This Circular applies to traders engaged in business activities of temporary import and re-export, transshipment and depositing into bonded warehouse. Organizations and authorities managing business activities of temporary import and re-export, transshipment, depositing in bonded warehouses and agencies, organizations and individuals related to these business activities.

By Thanh Nguyễn/Thanh Thuy