<p></p><p>Material goods imported for export SX will be exempt from import duties <br></p> <p>Parliament recently passed Law on Export Tax and Import Tax number: 107/2016 / QH13 ( "New Tax Law") by stepping up the process of international economic integration. <br></p> <p>Law new tariffs will come into effect on September 1, 2016. Here are some notable points of the new tax law as follows: <br></p> <p>1. New rules on tax rates and exemptions <br></p> <p>- Regulation on the application of the import tax rates special offers on goods from non-tariff zones into the domestic market if the goods meet the conditions of the respective origin. <br></p> <p>- Raw materials, supplies and components imported to cater to the production of goods for export, which is currently tax grace, will be exempt from import duties. <br></p> <p>- Goods for temporary import for re-export, is now taxable as import and export is refunded when the tax will be waived on condition that must be guaranteed by credit institutions or deposit an amount equivalent to the amount of import duty on goods temporarily imported for re-export. <br></p> <p>- Remove provisions on the tax exemption is imported to create fixed assets imported equipment's first project investment incentives in some fields of hotels, offices, apartments, houses, center trade ... by investment Law No. 67/2014 / QH13 has not defined these trades is the field of investment incentives. <br></p> <p>2. New regulations on anti-dumping duty; CVD and safeguard duties. <br></p> <p>- Ministry of Trade will be the body deciding the application of anti-dumping duty, the tax subsidy, safeguard duties. The application of these taxes should be based on the conclusions of the investigation in accordance with law. <br></p> <p>- The deadline to apply anti-dumping, anti-subsidy tax is 5 years from the date of the decision to apply force and can be extended. Particularly safeguard duty applicable time limit not exceeding four years including the period of provisional application and may be renewed for no more than 6 years thereafter.Some other notable points:</p> <p>- In addition to the absolute method of tax calculation, tax calculation methods in proportion%, the new law also adds a mixture of tax calculation methods.</p> <p>- The deadline for tax payment also changed: exports, imports subject to the tax to pay taxes before clearance or release of goods under the Customs Law, except for those within the priority mode.</p> <p>* This law was adopted on 06/4/2016 and have effect on 09.01.2016.</p> <p>* Law No. 45/2005 / QH11 lapsed from the date this law comes into effect.<br></p><p></p>