Circular No. 76/TC/TCT guiding the implementation of Decree No. 10-CP regarding the amendment of regulations for goods brought into or sent back to Vietnam from activities involving labor cooperation, expert collaboration, official duties, and study abroad. This document specifies details on the application dates for import-export taxes, remitting money on behalf of others, and duty-free sales.
Scope of application
Vietnamese individuals engaged in labor cooperation, expert collaboration, official duties, and study abroad; units authorized to provide duty-free sales services; customs checkpoints; Vietnam Bank for Foreign Trade (Vietcombank).
Key points
- Individuals bringing goods into or sending them back to Vietnam from December 1, 1992 must pay import-export taxes according to the current tariff schedule.
- Goods sent back to Vietnam no later than February 28, 1993 and the consignor must complete customs procedures with the customs checkpoint.
- Individuals remitting money or transferring funds through a bank for relatives in Vietnam to purchase duty-free goods must do so before December 1, 1992.
- The sale of duty-free goods and settlement of such sales transactions receiving foreign currency from the specified individuals at units authorized to provide duty-free sales services must be completed by February 28, 1993.
- Units importing goods for duty-free sales during the waiting period for temporary exemption documents may organize delivery to customers but must complete these activities by February 28, 1993.
🌐 Social impact of this document
- To increase state budget revenue from import-export taxes on goods brought into or sent back to Vietnam.
- To ensure transparency and compliance with laws in remitting money on behalf of others and selling duty-free goods.
- Creating difficulties for citizens when they must comply with new regulations before the deadline.
- Pressuring units providing duty-free sales services to complete their tasks within a short timeframe.
❓ Frequently asked questions
From which date do individuals bringing goods into or sending them back to Vietnam begin paying taxes?
December 1, 1992.
Goods sent back to Vietnam no later than when?
No later than February 28, 1993.
Individuals remitting money or transferring funds through a bank for relatives in Vietnam to purchase duty-free goods must do so before which deadline?
Before December 1, 1992.
The sale of duty-free goods and settlement of such sales transactions receiving foreign currency from the specified individuals at units authorized to provide duty-free sales services must be completed by which deadline?
By February 28, 1993.
Units importing goods for duty-free sales during the waiting period for temporary exemption documents may organize delivery to customers or not?
Yes, but they must complete these activities by February 28, 1993.
Full text
CIRCULAR
OF THE MINISTRY OF FINANCE NUMBER 76/TC/TCT DATED NOVEMBER 30, 1992 GUIDING IMPLEMENTATION OF GOVERNMENT DECREE NUMBER 10-CP DATED NOVEMBER 14, 1992 ON AMENDING REGULATIONS FOR GOODS CARRIED BY OR SENT BACK TO THE COUNTRY BY PERSONS ENGAGED IN LABOR COOPERATION, EXPERT COOPERATION, BUSINESS TRAVEL, AND STUDY ABROAD.
IMPLEMENTING ARTICLE 3 OF GOVERNMENT DECREE NUMBER 10/CP DATED NOVEMBER 14, 1992 ON AMENDING REGULATIONS FOR GOODS CARRIED BY OR SENT BACK TO THE COUNTRY BY VIETNAMESE PERSONS ENGAGED IN LABOR COOPERATION, EXPERT COOPERATION, STUDY ABROAD FROM DECEMBER 1, 1992; AFTER CONSULTING WITH THE MINISTRY OF TRADE AND THE GENERAL CUSTOMS DEPARTMENT, THE MINISTRY OF FINANCE GUIDES IMPLEMENTATION OF THE SPECIFIC PROVISIONS IN THE ABOVE MENTIONED DOCUMENT AS FOLLOWS:
1. FOR GOODS CARRIED BY OR SENT BACK TO THE COUNTRY (EXCEPT FOR FREE PERSONAL EFFECTS AS PROVIDED FOR IN GOVERNMENT DECREE NUMBER 09/CP DATED NOVEMBER 14, 1992) OF VIETNAMESE PERSONS ENGAGED IN LABOR COOPERATION, EXPERT COOPERATION, STUDY ABROAD FROM DECEMBER 1, 1992, ALL REGULATIONS ON IMPORT AND EXPORT MUST BE FULLY COMPLIED WITH AND THE APPLICABLE CUSTOMS DUTIES ACCORDING TO THE CURRENT CUSTOMS TARIFF MUST BE PAID IN FULL.
THE DATE OF CARRYING OR SENDING GOODS BACK IS:
- IF THE GOODS ARE CARRIED BY PERSON AT ENTRY, THE DATE SHALL BE THE DATE OF FILING A CUSTOMS DECLARATION WITH THE BORDER CUSTOMS OFFICE.
- IF THE GOODS ARE SENT BACK, THE DATE SHALL BE THE DATE STATED ON THE SHIPPING DOCUMENT (OR WAYBILL), BUT NOT LATER THAN FEBRUARY 28, 1993. BY THAT DATE, THE GOODS MUST HAVE ARRIVED IN VIETNAM AND THE OWNER OF THE GOODS MUST COMPLETE THE PROCEDURE FOR RECEIVING THE GOODS WITH THE BORDER CUSTOMS OFFICE. IF THE GOODS DO NOT ARRIVE IN VIETNAM BY THAT DATE EVEN THOUGH THE SHIPPING DOCUMENT INDICATES THAT THEY WERE SHIPPED BEFORE DECEMBER 1, 1992, FULL IMPORT DUTIES MUST BE PAID ACCORDING TO CURRENT REGULATIONS.
2. REGARDING CARRYING FOREIGN CURRENCY OR TRANSFERRING MONEY THROUGH VIETNAM INTERNATIONAL BANK (VIETCOMBANK) BY VIETNAMESE PERSONS ENGAGED IN BUSINESS TRAVEL, LABOR COOPERATION, EXPERT COOPERATION AND STUDY ABROAD TO AUTHORIZE RELATIVES IN VIETNAM TO USE FOREIGN CURRENCY TO PURCHASE DUTY-FREE GOODS:
- IF THE FOREIGN CURRENCY IS CARRIED BY PERSON FOR THE ABOVE MENTIONED PERSONS, THE AMOUNT OF FOREIGN CURRENCY MUST BE DECLARED WITH THE BORDER CUSTOMS OFFICE BEFORE DECEMBER 1, 1992.
- IF MONEY IS TRANSFERRED THROUGH VIETCOMBANK TO PURCHASE DUTY-FREE GOODS IN VIETNAM, THE FUNDS MUST BE TRANSFERRED TO VIETCOMBANK BY NOVEMBER 30, 1992 AT THE LATEST.
3. REGARDING SELLING AND SETTLING DUTY-FREE SALES OF FOREIGN CURRENCY FOR VIETNAMESE PERSONS ENGAGED IN BUSINESS TRAVEL, LABOR COOPERATION, EXPERT COOPERATION AND STUDY ABROAD AT UNITS PERMITTED TO PROVIDE DUTY-FREE GOODS SERVICES:
TO ENSURE THE COMPLETION OF OUTSTANDING ISSUES RELATING TO SELLING AND SETTLEMENT OF FOREIGN CURRENCY SALES FOR VIETNAMESE PERSONS ENGAGED IN LABOR COOPERATION, EXPERT COOPERATION, BUSINESS TRAVEL, STUDY ABROAD AT UNITS PERMITTED TO PROVIDE DUTY-FREE GOODS SERVICES, THE FOLLOWING IS PROVIDED: FOR THE SALE AND SETTLEMENT OF FOREIGN CURRENCY SALES (IF THERE ARE FOREIGN CURRENCIES STATED ON CUSTOMS DECLARATION) BEFORE DECEMBER 1, 1992, THE RECORD BOOK CAN STILL BE SUBMITTED TO UNITS PERMITTED TO PROVIDE DUTY-FREE GOODS SERVICES ACCORDING TO THE LIMIT SET OUT IN DECISION NUMBER 156/HDBT UNTIL FEBRUARY 28, 1993. UNITS PERMITTED TO PROVIDE DUTY-FREE GOODS SERVICES MUST PROMPTLY CREATE CONDITIONS FOR CUSTOMERS TO COMPLETE RECORD BOOKS AND PURCHASES TO ENSURE THAT ALL SALES ARE COMPLETED BY FEBRUARY 28, 1993, AND NO LATER THAN MARCH 31, 1993, THEY MUST SUBMIT THE FINAL REPORT ON DUTY-FREE SALES OF ALL IMPORTED GOODS SOLD TO THE MINISTRY OF FINANCE.
ANY RECORD BOOKS CREATED FOR SALES AFTER FEBRUARY 28, 1993 AND REPORTS SUBMITTED AFTER MARCH 31, 1993 WILL NOT BE CONSIDERED OR RESOLVED AS DUTY-FREE.
TO ENSURE THAT DUTY-FREE SALES ARE COMPLETED BY FEBRUARY 28, 1993, FROM NOW ON, UNITS IMPORTING GOODS FOR DUTY-FREE SALE MAY STILL ORGANIZE DELIVERY OF GOODS TO CUSTOMERS WHILE AWAINTING TEMPORARY EXEMPTION DOCUMENTS.
THIS CIRCULAR TAKES EFFECT AS OF DECEMBER 1, 1992.
This Circular takes effect from December 1, 1992.
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