News - insurance contracts can serve as a basis for declaring charges on customs declarations

Insurance contracts can serve as a basis for declaring charges on customs declarations

According to the General Department of Customs, enterprises can present insurance contracts as a basis for declaring insurance premiums on the customs declaration provided that the insurance premiums have an objective, quantifiable and suitable amount of insurance premiums. insurance policy when issued by insurance enterprises.
Regarding problems of Hai Phong JFE SHOJI Steel Co., Ltd regarding the declaration of insurance premiums on the import declaration, the General Department of Customs said, Article 5 of Circular 39/2015 / TT-BTC is amended and supplemented. In Clause 4, Article 1 of Circular No. 60/2019 / TT-BTC of the Ministry of Finance stipulating customs value of imported goods, the customs value of imported goods is the actual price payable at the door. The first import is determined by sequential application of the methods from Point a to Point e, Clause 2 of this Article and stopping at the method of customs valuation.
Also in Article 6 of Circular 39/2015 / TT-BTC amended and supplemented in Clause 5, Article 1 of Circular 60/2019 / TT-BTC of the Ministry of Finance stipulates: The transaction value of imported goods is the actual price paid by the buyer or will be payable to the seller for the purchase and import of goods after the adjustment has been made in accordance with Articles 13, 14 and 15 of this Circular.
Pursuant to the provisions of Circular 39/2015 / TT-BTC amended and supplemented in Circular 60/2019 / TT-BTC, the case of imported goods is insured by the principle insurance contract (in case The insurance contract has a premium calculated as a percentage of the total value of the goods and the enterprise cannot have an insurance invoice at the time of registration of the customs declaration (because the insurance premium will be paid on the next month).
Therefore, the General Department of Customs said that enterprises can present insurance contracts as a basis for declaring insurance premiums on the customs declaration provided that the insurance premiums have objective and quantifiable data and in accordance with insurance invoices when issued by insurance enterprises.
The General Department of Customs recommends that enterprises base on the above regulations and actual dossiers of imported goods to make customs value declaration strictly according to regulations.
By: Haiquanonline

Bài viết khác

INTERNATIONAL TRANSPORT MARKET AND THE CONTAINERS SHORTAGE 28/12/2020 14:14 The Covid-19 crisis has strongly impacted the World’s international transport market. After the international ocean freight grows dramatically in 2020 (start from May), the international transport market has seen shortage on containers (free). The containers shortage (free containers), which is an important tool for international transport, especially ocean freight has greatly impacted the international market, push the containers’ price higher while at the same time create perfect reason for the shipping lines to grow their ocean freight prices. In this article, the shortage of containers, its impact on the international transport market alongside with shipping lines decision to increase price, the reasons and impacts of it on enterprises will be explained in the most compact way. Chi tiết

Changes since the launch of a national airway 30/03/2020 11:25 As planned, it is expected that from May 15, 2020, the national single-window system and the automatic supervision management system at Noi Bai International Airport will officially be implemented. The Hanoi Customs Department has collaborated with the functional units of the General Department to actively improve the system during the pilot period and made a major change in management. Chi tiết

Good history determines the quality of imported goods 27/03/2020 08:37 According to the draft of the project on reforming the model of quality inspection, food safety inspection of imported goods, imported goods are classified into 5 branches of different inspection processes in the direction of simplifying based on history. test operation. Chi tiết

Submission of electronic documents is not required to submit a paper copy 04/07/2019 15:58 The General Department of Customs has issued a document directing the provincial Customs Department to thoroughly understand each civil servant in accordance with the regulations, does not require enterprises to submit paper documents of customs documents while the enterprise submit electronic documents via customs electronic data processing system. Chi tiết