When are Vietnamese manufactured goods exported to be exempt from tax?

Import and export tax is an indirect tax levied on goods. There are goods that will be exempt from import and export tax because of the economic development policies of the State. So when manufactured goods for export exempt from tax? To dig deeper into this, today, LSX Lawfirm will give you an article about “When are Vietnamese manufactured goods exported to be exempt from tax?”, as follows:

Legal grounds

• Law on Import and Export Tax 2016

What is import and export tax?

The import and export tax is an indirect tax levied on goods that allowed to exported or imported across Vietnam’s borders, including exports from the domestic market to a non-tariff zone and imported from the domestic market. non-tariff zones on the domestic market.

Objects exempt from import and export tax

According to Article 16 of the 2016 Import and Export Tax Law, the subjects eligible for import and export tax exemption include:

Exports and imports of foreign organizations and individuals entitled to privileges and immunities in Vietnam within the norms consistent with international treaties to which the Socialist Republic of Vietnam is a signatory; goods in the duty-free baggage allowance of people on exit or entry; imported goods for sale at duty-free shops. When are Vietnamese manufactured goods exported to be exempt from tax?

• Moved assets, gifts, and gifts within the norm of foreign organizations and individuals for Vietnamese organizations and individuals or vice versa.
• The movable property, gifts, and gifts with quantity or value exceeding the tax-free quota must pay tax on the excess unless the receiving unit is an agency or organization whose business guaranteed by the state budget. operating expenses and allowed by the competent authority to receive or case for humanitarian or charitable purposes.
• Goods traded and exchanged across borders by border residents are on the list of goods and within the norm to serve production and consumption by border residents.
• In case of purchasing and transporting goods within the norm but not using them for production and consumption by border residents and exported and imported goods of foreign traders permitted to do business in border markets, they must: taxpayer.
• Goods are exempt from export tax and import tax under international treaties to which the Socialist Republic of Vietnam is a contracting party.
• Goods with a value or amount of tax payable below the minimum.
• Raw materials, supplies, and components imported for processing export products; imported finished products to attached to processed products; processed products for export.
• Exported processed products manufactured from domestic raw materials and supplies subject to export tax are not exempt from tax for the corresponding value of domestic raw materials and supplies constituting the exported product.
• Goods exported for processing and then imported are exempt from export tax and import tax calculated on the value of exported raw materials constituting the processed product. Goods exported for processing and then imported are natural resources, minerals, and products with the total value of resources and minerals plus energy costs accounting for 51% or more of the product’s cost. tax exemption.
• Raw materials, supplies, and components imported for the production of export goods.
• Goods manufactured, processed, recycled, or assembled in a non-tariff zone do not use raw materials and components imported from abroad when imported into the domestic market.
• When Vietnamese manufactured goods exported to exempt from tax? Goods temporarily imported for re-export or temporarily exported for re-import within a certain period, including:
• Goods temporarily imported for re-export, temporarily exported for re-import for organizing or participating in fairs, exhibitions, product introduction, sporting, cultural, artistic, or other events; machinery and equipment temporarily imported for re-export for testing, research, and product development; machinery, equipment, and professional tools temporarily imported for re-export, temporarily exported for re-import to serve work within a certain period of time or for processing for foreign traders, except for machinery and equipment, tools and means of transport of organizations and individuals permitted to temporarily imported for re-export to implement investment projects, construction, installation of works, in service of production;
• Machinery, equipment, components, and spare parts temporarily imported to replace or repair foreign ships or aircraft or temporarily exported to replace or repair Vietnamese ships and aircraft abroad; goods temporarily imported for re-export to supply foreign ships and aircraft anchored at Vietnamese ports;
• When are Vietnamese manufactured goods exported to be exempt from tax? Goods temporarily imported for re-export or temporarily exported for re-import for warranty, repair, or replacement;
• Means of revolving by the mode of temporary import for re-export or temporarily exported for re-import to store exported and imported goods;
• Goods traded in temporary import for re-export within the temporary import for re-export period (including the extension period) guaranteed by a credit institution or a deposit equivalent to the import tax amount of the goods that have paid. temporary import for re-export.
• Then Goods are not for commercial purposes in the following cases: sample goods; Photo, film, replacement model for samples; small quantity advertising.
• Goods imported to create fixed assets of beneficiaries of investment incentives in accordance with the law on investment, including:
• Devices; components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machines and equipment or to manufacture components, details, separate parts, and spare parts of machines and equipment;
• Specialized means of transport in the technological line directly used for production activities of the project;
• Construction materials cannot produced domestically.
• When are Vietnamese manufactured goods exported to be exempt from tax? The import tax exemption for imported goods specified in this Clause is applicable to both new investment projects and expansion investment projects.
• Type of tree; livestock breeds; fertilizers and plant protection drugs that cannot produced in the country and need to imported according to regulations of competent state management agencies.
• Raw materials, supplies, and components that cannot domestically produced and imported for the production of investment projects are on the list of industries and trades with special investment incentives or areas with extremely difficult socio-economic conditions. According to the provisions of the law on investment, high-tech enterprises, science, and technology enterprises, and science and technology organizations are exempt from import tax for a period of 5 years from the date of commencement of production.
• The import tax exemption specified in this Clause does not apply to mineral mining investment projects; projects for the production of products with the total value of natural resources and minerals plus energy costs accounting for 51% or more of the product’s cost; projects on production and trading of goods and services subject to special consumption tax.
• Raw materials, supplies, and components imported into the country that cannot produced in the country of investment projects for the production and assembly of medical equipment prioritized for research and manufacture are exempt from import tax for a period of 5 years. , since the beginning of production.
• Goods imported to serve oil and gas activities, including:
• Machinery, equipment, spare parts, and special-use means of transport necessary for oil and gas activities, including temporary import for re-export; Components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machinery and equipment or to manufacture components, details, loose parts and spare parts of machinery and equipment necessary for oil and gas activities; Materials necessary for oil and gas activities cannot produced domestically then.
• Projects and shipbuilding establishments on the list of preferential industries and trades according to the law on investment are exempt from tax for:
• Goods imported to create fixed assets of shipyards, including machinery and equipment; components, details, separate parts, spare parts for synchronous assembly or synchronous use with machinery and equipment; raw materials and supplies used to manufacture machines and equipment or to manufacture components, details, separate parts and spare parts of machines and equipment; means of transport in the technological chain directly serving shipbuilding activities; construction materials that cannot produced domestically; Imported goods are machinery, equipment, raw materials, supplies, components, semi-finished products that cannot produced domestically and can used for shipbuilding; Ships for export.
• When are Vietnamese manufactured goods exported to be exempt from tax? Machinery, equipment, raw materials, supplies, components, parts, and spare parts imported for money printing and minting activities then.
• Imported goods are raw materials, supplies, and components that cannot produced domestically and directly used for the production of information technology products, digital content, and software. Goods imported or exported for environmental protection, including:
• Special-use machinery, equipment, vehicles, tools, and supplies imported domestically that cannot produced for collection, transportation, treatment, processing, wastewater, waste, emissions, monitoring and analysis of the environment, renewable energy production; handling environmental pollution, responding to and handling environmental incidents; Exported products produced from recycling and waste treatment activities then.
• Specialized imported goods that cannot produced domestically and directly served for education. Imported goods specialized machinery, equipment, spare parts, and supplies that cannot produced domestically, specialized scientific documents, books, and newspapers directly used for scientific research, technological development, and development. develop activities of technology incubation, science and technology business incubation, and technological innovation then.
• Specialized imported goods directly serve security and defense, in which special-use means of transport must those that cannot produced domestically then. Goods exported and imported to serve social security assurance, overcoming consequences of natural disasters, disasters, epidemics, and other special cases then.

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