The General Department of Customs has just issued a official letter no 6087/TCHQ-GSQL answering questions about the issue of customs procedures for temporary import and re-export after ending the rental period.
Currently, some companies are facing difficulties with customs procedures for rented goods from foreign companies that have ended for temporary import and must be re-exported but are designated delivery to other companies in Vietnam for renting by foreign companies.
Faced with the above difficulties, the General Department of Customs has clearly noticed that in this case, the goods must be re-exported and returned to foreign companies according to the Regulation of Clause 1, Article 15 of Decree 69/2018/ND-CP as “Except for prohibited exports or imports; suspended exports or imports, a trader may temporarily import goods to Vietnam under a contract concluded with a foreign party for the purposes of the warranty and maintenance, lease, borrowing, use or other purposes for a specified period and re-export them out of Vietnam.”
Spot import and export goods regulated in Article 35 of Decree No. 08/2015/ND-CP, there is no case of temporary import and re-export as directed by foreign companies. So spot import and export goods will be not applied in case that foreign companies designate rented goods to other Vietnamese companies after ending the rental period.
Customs procedures will be carried out according to the Regulation of Article 50 of Decree No. 08/2015/ND-CP amended and supplemented in Clause 23, Article 1 of Decree No. 59/2018/ND-CP of the Government.