Official Letter 6275/TCHQ-TXNK in 2019 Regarding the Adjustment of Value Reduction on the Import Declaration Issued by the General Department of Customs.

Model number:	6275/TCHQ-TXNK		Type of document:	Official Letter
Issued place:	General Department of Customs		Signed by:	Le Manh Hung
Date issued:	01/10/2019		Effective date:	01/10/2019
			Status:	Unknown

 

In response to Official Letter No. 0609/GVN of September 6, 2019 of GEMOPIA VINA One-member Co., Ltd. on applying for adjustment of value reduction on import declarations, the General Department of Customs has the following opinions:

Pursuant to Point d, Clause 2, Article 15 of the Finance Ministry’s Circular No. 39/2015/TT-BTC of March 25, 2015, defining conditions, dossiers and procedures for declaring and examining discounts then:

“D. Discount:

d.1) Only be adjusted unless the following conditions are met:

d.1.1) Discounts in one of the following types of discounts:

d.1.1.1) Discount based on the commercial level of the goods purchase and sale transaction;

d.1.1.2) Discount based on the quantity of goods traded;

d.1.1.3) Discount based on the form and time of payment

Through reviewing the application file for reduction of import value of GEMOPIA VINA One-member Co., Ltd., enclosed with Official Letter No. 0609/GVN dated September 6, 2019, at Point 4.1, 4.2 of Digital Trade Contract LF 190225-IN dated 25/02/2019:

“- 4.1. The buyer pays the whole amount of 388,415.04 USD after receiving goods within 1.5 months;

– 4.2. After 1.5 months from the date of receiving the goods. The buyer has not yet paid, the buyer will be fined an additional late payment of 13% of the total contract value. The total amount payable is 438,909USD”.

=> See details in Official Letter 6275/TCHQ-TXNK effective from October 1, 2019.