2023 DANANG COMPANY TRIP
DA NANG 2023 - KEN LOGISTICS TEAM BUILDING - KEN GO EVERYWHERE Thanks all Ken members for joining and creating this memorable team building!
IMPORTANCE OF THE CORRECT HS CODE AND UTILIZING PRE-DETERMINATION OF CODE
HS CODE stands for Harmonized System Code, a unique number assigned to classify all traded goods internationally. Determining the HS CODE of traded goods based on legal provisions and product characteristics is referred to as 'Classification (Nomenclature).’ The reason why accurate classification is crucial lies in the fact that various aspects such as Duty and Tax rates, import/export requirements, exemptions, refunds, and FTA rules of origin are determined by the HS CODE of the goods. Frequently disputes between companies, customs authorities, exporters and importers, and exporting and importing countries arise due to inconsistent classification. Recently, there have been many cases where Vietnamese...
OFFICIAL LETTER FOR TYPE CODE G13-TEMPORARY IMPORT UNDER TAX EXEMPTION
On 6th March 2024, The General Department of Customs has issued Official Letter 927/TCHQ-TXNK related to taxes on goods temporarily imported for re-export for warranty, repair. Based on serial number 19 Type code table and issued instructions for use attached to Decision No. 1357/QĐ-TCHQ dated May 18, 2021 of the Director General of The General Department of Customs, Type code G13-Temporary import under tax exemption for use in case of: Goods temporarily imported for warranty, repair or replacement; Re-imported goods of various types of business export, export of processed products, export of products manufactured for export, export of products of export...