The General Department of Vietnam Customs notes that from September 1st, 2016, the Law on Import and Export Duties No. 107/2016/QH13 (replaces Law No. 45/2005/QH11 ) and Decree No. 134/2016/ND-CP (replaces Decree No. 87/2010/ND-CP ) no longer regulate the policy on exemption from export duty on exported goods that are wholly manufactured, processed from imported materials.
Accordingly, in case an enterprise exports scrap stainless steel derived from imported materials, it still has to pay export duty.
|Published||Vietlaw's Newsletter No. 612|