Customs procedures on imported products must facilitate trade

Wednesday, Jun 22, 2016 14:05

Customs officials checks imported products through screen. — VNA/VNS Photo Hai Anh

HA NOI (Biz Hub) — The issuance of the list of imported products, which must follow customs procedures at Vietnamese border gates, must be under established laws while creating favourable conditions for businesses and trade.

This was announced by Deputy Prime Minister Vuong Dinh Hue.

At the working session with the Ministry of Finance on June 21, Hue asked the ministry to attach importance to these issues when compiling the list of imported products which must have customs procedures conducted at Vietnamese border gates.

"Careful study is needed, given the recent promulgation of Government Resolution 35/NQ-CP on support to enterprises by 2020," he stressed. 

The possible impact, such as congestion of goods at border gates or rising business costs, must be taken into consideration, Hue said.

According to the Ministry of Finance, which was in charge of compiling the list, the issuance was in line with Decree No. 08/2015/ND-CP instructing the implementation of customs procedures following the Law on Customs, with one term stating that based on import and export in each period, the Prime Minister had decided the list of imported products with customs procedures to be conducted at border gates.

Deputy Minister of Finance Do Hoang Anh Tuan said the move was aimed at tightening customs checks on products to limit consumption in the domestic market or on products with high risk of trade frauds.

The finance ministry has proposed 11 categories of products to be included in the list.

These include cigarettes, cigars, tobacco and alcohol, as well as beer, cars with less than 16 seats, motorcycles with cylinder capacity above 125cm3 and aircraft, along with yachts which were subject to special consumption tax, air conditioners with capacity of less than 90,000 BTU, cards, votive papers and imported products which enjoyed preferential import taxes.

According to Nguyen Ngoc Anh, deputy director of the General Department of Customs, those products accounted for just 8.7 per cent of the total customs clearance volume, thus the impact on enterprises would not be significant. — VNS

 

 

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