Conditions, procedures for liquidation of duty-free imports of investment projects shall be carried out according clause 3 Article 85 of Circular No. 38/2018/TT-BTC (amended at Circular No. 39/2018/TT-BTC )
Accordingly, it is required to note that for foreign-invested projects, conditions for liquidation of duty-free imports of the projects shall be based on the regulations at Circular No. 04/2007/TT-BTM.
For a domestic project, when liquidating, repurposing goods, it is required to declare, calculate tax on a new declaration according to Article 21 of Circular No. 38/2018/TT-BTC .
Procedures for liquidation of duty-free imports shall be carried out at the customs office where the List of duty-free goods is registered.
Specific procedures are detailed at point c clause 3 Article 85 of Circular No. 38/2018/TT-BTC .
|Published||Vietlaw's Newsletter No. 560|