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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