blue-check Conditions for tax refund with regard to exports paid by offsetting

Official letter No. 4066/TCHQ-TXNK dated September 29th, 2022 of the General Department of Vietnam Customs regarding proof of payment via wire transfer
Posted: 3/10/2022 1:56:45 PM | Latest updated: 17/10/2022 5:36:24 PM (GMT+7) | LuatVietnam: 5550

Conditions on proof of payment for consideration of tax refund with regard to exported goods for which payment is made by debt offsetting are regulated at clause 4 Appendix VII of Circular No. 38/2015/TT-BTCstatus2 .

Accordingly, in case payment for exports are made by offsetting the value of the exported goods against the value of goods, service bought from the foreign party, the application for duty refund shall be considered satisfaction of conditions on payment via wire transfer if these conditions are met:

(i) The payment method is specified in the export contract;

(ii) There is a written confirmation of the foreign party about the offsetting;

(iii) The difference (if any) between amount of exports and amount of imports is paid via wire transfer.

Ms Phuong Thao (
Please tag when reposting this article

Related documents

Not found

Penalty document



Effective date Unknown
Expired date Unknown

Files attachment

enflag pdficon CV4066-29092022TCHQ[VLO].pdf


No data

Payment vouchers

blue-check Conditions for tax refund with regard to exports paid by offsetting
blue-check Issue relating to via-bank payment
blue-check Regarding payments for exported goods made by L/C
blue-check Some issues relating to cash payment
blue-check A foreign contractor may receive payments through his/her representative office’s account
blue-check It is required to make payment via transfer upon exporting goods through borders
blue-check Regarding VAT refund with regard to exported goods for which payment is made via a current account
blue-check Regarding payment for purchased goods by transferring to a third party’s account
blue-check Tax policies with regard to non-cash payments
blue-check Regarding conditions for making cost accounting and deducting input VAT
blue-check The Scheme for development of non-cash payments in Vietnam during 2016 - 2020
blue-check Regarding deduction of VAT on expenditure for which the payment is made via an individual credit card
blue-check Removing a term regarding banking account must be registered
blue-check Regarding deduction of VAT on purchased goods for which payment is made via a third party
blue-check Amendments to the provisions on non-cash payments
blue-check Regarding payment made via credit card bearing name of a company’s director
blue-check Regarding business trip expenses paid via employees’ own banking cards
blue-check Tax on exports for which payment is made in cash shall not be deducted
blue-check For the method of payment by credit card of the company’s director
blue-check Regarding working mission expenses made through banking cards