Tax reduction on import and export goods

Circular guiding Clause 4 Article 80 of the Law on Tax Administration regarding tax reduction dossiers. Accordingly, a dossier of tax reduction for imported or exported goods subject to tax reduction specified in Article 18 of the Law on Import Tax and Export Tax includes:

a) A written request for tax reduction, clearly stating the tax to be reduced, the reason for the tax reduction, and the tax amount requested for reduction according to the provisions of Point a, Clause 2, Article 80 of the Law on Tax Administration sent via the System according to Form No. 7 in Appendix. Appendix II enclosed herewith, paper documents are made according to Form No. 15 / TXNK Appendix I enclosed herewith: 01 original.

b) The insurance contract, notice of indemnity payment of the insurance receiving organization (if any), in case the insurance contract does not include the content of tax compensation, it must be certified by the insurance organization; contract or the carrier's written agreement of compensation in case of loss caused by the carrier (if any): 01 photocopy with the seal of the agency requesting the tax reduction.

c) Documents and records certifying the cause of damage by the competent authority in the locality where the damage arises as follows:

c.1) Written certification of one of the following agencies or organizations: Commune, ward or town police office; People's Committees of communes, wards and towns; Management Boards of Industrial Zones, Export Processing Zones, Economic Zones, Border Gate Management Boards, Airport Authorities, Maritime Port Authorities where force majeure events occurred in natural disasters, catastrophes, epidemics, and disasters accident causing damage to imported raw materials, machinery and equipment: 01 original.

c.2) Record of fire certification of the local fire department where the fire occurred: 01 original.

d) The assessment service provider's assessment certificate of the lost quantity of goods or the actual loss rate of the goods: 01 original.

The customs office shall base itself on the tax reduction dossier specified above and relevant regulations to issue a tax reduction decision.

Besides, Circular 06 also provides guidance on tax payment time limit extension; regulations on tax refund order and procedures; regulations on records of tax debt cancellation, late payment interest, fines ...

Circular 06 takes effect from March 8, 2021.

Our mission is to effectively connect businesses in Indochina with our global network. LEC wishes to build a professional import-export community for Indochina through its "import mandate" activities. With the aim of minimizing risks for importers and exporters and improving the competitiveness of Indochina importers and exporters in the international market.

With the above information, hopefully you have a better understanding of 3rd party Logistics services and how to choose the appropriate supplier. If you are looking for a company that provides comprehensive, professional and fast logistics services. Please contact LEC Group immediately to get the best support!