The Circular stipulates the exemption from import tax for calendars, postcards, and notebooks given as gifts from abroad to organizations and individuals in Vietnam. It specifies the quantity and value limits of goods eligible for tax exemption according to specific categories.
Scope of application
Foreign agencies and organizations in Vietnam; Vietnamese agencies and organizations (excluding economic units and enterprises); foreign individuals and Vietnamese individuals with relatives abroad
Key points
- Foreign agencies and organizations in Vietnam are exempted from import tax on a maximum of 300 copies of various types of calendars per year.
- Vietnamese organizations (excluding economic units) are exempted from import tax on a maximum of 300 copies of various types of calendars and the value of the consignment not exceeding 100 USD per year.
- Foreign individuals or Vietnamese individuals with relatives abroad are exempted from import tax on a maximum of 20 copies of various types of calendars and the value of the consignment not exceeding 50 USD per year.
- The value of the consignment of gifts such as calendars, postcards, and notebooks that are exempt from tax shall be implemented according to the value limit specified in Circular No. 87/2004/TT-BTC.
- The exemption limit for imported gifts such as calendars, postcards, and notebooks shall apply from the date this document is issued and replace Circular No. 8800/TC/TCT.
🌐 Social impact of this document
- To prevent the abuse of tax exemption policies for importing goods for business purposes.
- To facilitate conditions for organizations and individuals receiving gifts from abroad in accordance with the law.
❓ Frequently asked questions
How many copies of calendars can Vietnamese organizations be exempted from import tax in one year?
A maximum of 300 copies of various types of calendars and the value of the consignment not exceeding 100 USD.
How many copies of calendars can foreign individuals be exempted from import tax in one year?
A maximum of 20 copies of various types of calendars and the value of the consignment not exceeding 50 USD.
Full text
LETTER
OF THE MINISTRY OF FINANCE NUMBER 13975/TC/TCHQ ON NOVEMBER 29, 2004 REGARDING
EXEMPTION FROM IMPORT TAX FOR CALENDARS AS GIFTS
Respectfully submitted to: - Ministries, ministerial-level agencies, government agencies
- People's Committees of provinces and centrally governed cities
Pursuant to the Law on Export Tax and Import Tax, Circular No. 87/2004/TT-BTC dated August 31, 2004 of the Ministry of Finance guiding the implementation of export tax and import tax, imported goods that are gifts or presents from foreign organizations or individuals to Vietnamese organizations or individuals are eligible for consideration for exemption from import tax.
To unify the handling of exemptions from import tax for items such as calendars, postcards, and notebooks imported into the country, and to prevent abuse and fraud, the Ministry of Finance provides specific guidelines on the quota for exemption from import tax for foreign agencies and organizations operating in Vietnam; Vietnamese agencies and organizations (excluding economic entities and businesses engaged in trade); and individual Vietnamese citizens who are allowed to be exempted from import tax within one year as follows:
I. Regarding the quota for gift shipments consisting of calendars, postcards, and notebooks that are exempt from import tax.
1. Foreign agencies and organizations operating in Vietnam ; Vietnamese agencies and organizations (excluding economic units and trading enterprises not eligible for tax exemption in this case) are permitted to be exempted from import tax within one year for the following types:
- 300 (three hundred) copies of various types of calendars (including desk calendars and wall calendars)
- For postcards, notebooks, and pocket calendars, the value of the shipment exempt from tax shall not exceed 100 USD (one hundred US dollars)
2. Individual foreigners permitted to operate in Vietnam, foreigners working or studying abroad, and Vietnamese citizens with relatives abroad who enter Vietnam within the year are allowed to import the following types of items duty-free within one year:
- 20 (twenty) copies of various types of calendars (including desk calendars and wall calendars...)
- For postcards, notebooks, and pocket calendars, the value of the shipment exempt from tax shall not exceed 50 USD (fifty US dollars)
II. Regarding the value of gift shipments consisting of calendars, postcards, and notebooks that are exempt from import tax.
Implement the value quotas as specified in Points 4.2.1 and 4.2.2, Section II, Part D of Circular No. 87/2004/TT-BTC dated of the Ministry of Finance guiding the implementation of export tax and import tax.
The quota for exemption from import tax for gift shipments consisting of calendars, postcards, and notebooks will take effect from the date this document is signed and issued, and it replaces Circular No. 8800/TC/TCT dated August 22, 2003./.
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