On 8th August 2023, The General Department of Customs has issued Official Letter 4146/TCHQ-GSQL 2023 to answer questions of Associations and Enterprises related to on-the-spot export and import after issuing Official Letter 2588/TCHQ-GSQL 2023. Based on the provisions of the Commercial Law, the Law on Foreign Trade Management, and the transactional nature of the goods, the exported or imported goods must be brought out/into the Vietnamese territory or brought out/into the customs area. But to on-the-spot export and import activities, goods are bought and sold within the domestic market and there is no movement of goods out of the border of...
PLAN FOR CHANGING REGULATION OF ON – THE – SPOT EXPORT AND IMPORT
On 29th May, 2023 the General Department of Customs has just issued Official Letter 2588/TCHQ-GSQL 2023 on commenting on the draft amendment and supplement to Article 35 of Decree 08/2015/NĐ-CP for on-the-spot export and import. 1. Currently, Customs procedures of on-the-spot exported and imported goods is regulated as Article 35 Circular 08/2015/NĐ-CP dated 21st January, 2015: Article 35. Customs procedures that must be followed by on-the-spot exports and imports 1. On-the-spot exports and imports shall include: a) Those produced in Vietnam under contract manufacturing arrangements and sold to Vietnamese organizations or individuals by overseas ones; b) Those traded under the sale and purchase contract between...