- The Ministry of Finance is drafting a decree on customs procedures for e-commerce goods.
- The decree covers customs declarants, risk management, data processing, import permit exemption, import duty, customs valuation, and customs procedures.
- The decree applies to websites and applications providing e-commerce services, transportation enterprises, customs brokerage agents, bonded warehouse businesses, postal and express delivery service providers, credit institutions, and related organizations and individuals.
- The decree establishes an electronic customs data processing system for e-commerce goods.
- The decree proposes exemptions for import permits and licenses for goods subject to import conditions.
- The decree exempts goods imported through e-commerce transactions with a customs value of VND 2 million or less from import duty.
- The decree sets forth an exclusive customs procedure for e-commerce goods that do not fall under Group 2 goods.
- Group 2 goods are subject to the normal customs procedure.
- The decree is tentatively scheduled to take effect in 2025.
Source: insightplus.bakermckenzie.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
