Utilities - proposal for tax exemption for damaged materials, returned and destroyed products.

Proposal for tax exemption for damaged materials, returned and destroyed products.

Proposal for tax exemption for damaged materials, returned and destroyed products.
Reply:
According to the General Department of Customs, presently, the provisions on tax treatment for damaged raw materials, supplies, returned and destroyed goods of processed and exported goods are differentiated.
Specifically, for exported processed goods at Point e, Clause 1, Article 10 of Decree 134/2016 / ND-CP stipulating imported goods for processing but allowed to be destroyed in Vietnam and actually destroyed. import tax.
For export production goods, the General Department of Customs issued Official Letter No. 8127 / TCHQ-TXNK dated December 13, 2017 guiding the provincial and municipal Customs Departments. Accordingly, regarding import duties, provincial and municipal customs departments shall comply with Clause 7, Article 16 of the Law on Export Tax and Import Tax No. 107/2016 / QH13 and Article 12 of Decree 134/2016 / ND-CP of the Government. .
If goods are imported raw materials, supplies or components that are no longer in use, they must be destroyed, imported raw materials, supplies and components have been brought in. If they produce semi-finished products or finished products but are damaged, they must be destroyed and must declare and pay import tax (except for discarded materials and faulty products collected during the production process, which are within the actual norms in accordance with Article 55 Circular 38/2015 / TT-BTC amended and supplemented in Clause 35 Article 1 of Circular 39/2018 / TT-BTC stipulates that the actual production norm is the actual amount of raw materials and supplies used. to process and produce a unit of export products, enterprises are exempt from import tax).
According to: Customs Department

Bài viết khác

GIFT OF 100 CATALOGS worth 30 EUR DOES NEED TO APPLY FOR IMPORT LICENSE 11/09/2020 14:32 The company received 100 catalogs of catalogs (with pictures and product features) from the partner, 30 EUR invoice (bill for the purpose of declaring two customs, not valid for payment because is a gift). So need to apply for import permit for non-business publications? According to Article 42 of the Law on Publishing 2012, "Publications donated to agencies, organizations or individuals by post, with a delivery service value not greater than the tax exemption standard prescribed by law" is not. need to apply for an import permit for non-business publications, can this apply to our catalog number? Chi tiết

Ask about plastic scrap? 07/04/2020 13:38 Is an enterprise specializing in manufacturing and exporting plastic products, during the production process, the generated waste cannot be recycled? Enterprises have sold inland as scrap and declared VAT to tax administration agencies. However, according to the guidance for the scrap company formed from both imported and purchased domestic materials, the enterprise must allocate and split the scrap selling price into 2 parts; for the import part, the Customs declaration also for the domestic part, the tax declaration.
Enterprises wonder, in case of VAT declaration with the customs office, does the scrap purchasing unit need red invoice ?. Chi tiết

What documents when I import 100% ambulance cars according to the type of non-commercial aid? Do I have to apply for a non-commercial import license at the Customs Department? 16/05/2019 15:04

What documents when I import 100% ambulance cars according to the type of non-commercial aid? Do I have to apply for a non-commercial import license at the Customs Department?

Chi tiết

I am an international student in the US, after finishing the course I returned home to bring a used car for a period of 3 years, is that allowed? 16/05/2019 14:27

I am an international student in the US, after finishing the course I returned home to bring a used car for a period of 3 years, is that allowed?

Chi tiết