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Customs Global Trade Update Mar 2022
This update highlights the following matters:
- Proposed amendments on the Law on Export and Import Duty
- Guidance on exchanging data from surveillance camera systems between Export Processing Enterprise (EPE) and the customs authorities.
- Amending the regulations on the special preferential export tariff and the special preferential import tariff to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) during the period from 2019 to 2022
- Implementation of the accumulation of origin under the Vietnam - UK Free Trade Agreement (UKVFTA)
- Circular on the quotas for imported rice and dried tobacco originating from Cambodia in 2021 and 2022
- Approving the ASEAN Harmonized Tariff Nomenclature 2022 (AHTN 2022)
- Guidance provided in official letters (OL) of the General Department of Customs (GDC), including:
- Late payment interest
- Types of customs declaration and import duty refund
- VAT applied for probiotic environmental treatments
- VAT declaration, description and HS code of imported goods which are not eligible for a VAT reduction
- Customs clearance procedures
- Place for registration of customs declarations
- Cancellation of on-the-spot import customs declaration
- VAT treatment on medical equipment and devices