Vietnam releases list of dutiable goods
Friday November 20, 2009
Authorities in Vietnam have released a new database of imported consumer goods liable to duties.
The General Department of Customs issued a document to the customs departments of various provinces and cities in Vietnam containing new price guidelines for goods imported into the country such as alcohol, vehicles, motorbikes and refrigerators.
Clothing, gas cookers, washing machines, air conditioning machines and building glass are also included in the new price guidelines.
The price database will only be used by the country’s customs departments for risk assessment purposes and will not be used to fix the customs value of imported goods – either by imposing a different price of the goods for duty purposes or by setting a minimum price.
Vietnam’s General Department of Customs also released guidelines on how various regional customs departments should conduct the inspection of values declared by companies in Vietnam.
Companies importing goods into Vietnam currently have to pay VAT to customs at the same time as they pay import duties.