September 17, 2019 05:23

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When does it must consult when tax rate is 0%?

14:01 | 12/05/2019

VCN –To unify the price consultation for calculating tax of imported goods which have a tax rate of 0%, HCM City Customs Department has detailed typical cases for its Customs Branches.

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Goods were imported through Phuoc Long port – Thu Duc. Photo: T.H

According to Ho Chi Minh City Customs Department, on April 16, the General Department of Vietnam Customs issued a letter guiding the professional work of consultations on tax calculation prices for imported goods with a tax rate of 0% or without tax. For the unified implementation, the Ho Chi Minh City Customs Department has instructed its Customs Branches some typical cases.

Accordingly, for imported goods with a tax rate of 0% or without tax, there are the following cases:

Pursuant to the Preferential Import and Export Tariff (MNF) of imported goods with a tax rate of 0% or without tax, they do not need to consult.

Pursuant to the Special Preferential Import and Export Tariffs (FTAs): Imported goods are subject to a tax rate of 0% or without tax, with appropriate certificates of origin (C/O) according to rules of origin of each agreement (except for goods with special consumption tax like cars with less than nine seats using C/O form D that still conducting consultations in accordance with regulations).

For the case based on the Special Preferential Import and Export Tariffs (FTAs): Imported goods are subject to a tax rate of 0% or without tax, with certificates of origin (C/O) that is not complied to the rules of origin, according to the preferential tariffs (MFN), the imported goods are subject to import tax and still conduct price consultation in accordance with regulations.

By Lê Thu/Thanh Thuy