Q&A

According to the law, there is no prohibition of individuals from importing goods. However, individuals do not have the right to do import business, ie individuals are not allowed to go through customs procedures when importing goods for sale or business, but can only import non-commercial goods. If individuals want to buy goods for business, they can use the form of entrustment to a company with import-export business functions or a customs agent. Accordingly, the import entrustment company or customs agent will carry out customs procedures on behalf of the individual and the individual must bear the tax liability through the entrusting unit.

• • Imported objects:

  + For enterprises and business households: established with a business registration certificate in accordance with the law.

  + For individuals: only non-commercial goods are allowed to be imported, but when importing goods for business, they can entrust a company with import-export business function or a customs agent.

  • Conditions for imported goods

  + Imported goods that are not on the List of goods banned from import or temporarily suspended from import specified in Appendix I of Decree 69/2018/ND-CP

  + Goods that need to meet specific conditions related to the type of goods imported by the enterprise must have a permit from the relevant ministry or branch. At the same time, relevant regulations on standards and regulations on quarantine, safety and food quality must be ensured and subject to inspection by competent authorities before customs clearance.

Usually, the insurance company takes insurance for the goods from the seller’s warehouse to the buyer’s warehouse. However, if the insurance buyer forgets to buy insurance and starts buying insurance from the time the ship leaves the port or just wants to insure the goods on the sea journey from the time the goods are loaded on the ship, it is still completely fine. Alright. At that time, the insurance certificate or insurance contract that the insurer issues to the insured will clearly state “insurance liability begins when the customer starts to buy insurance”. In this case, the customer will buy insurance with the condition that class C, the goods will be insured less than class A.

Pursuant to Clause 1, Article 32 of Decree 134/2016/ND-CP stipulating the case of import-export tax reduction, and Clause 1, Article 18 of the 2016 Import and Export Tax Law stipulates a reduction in tax rates when goods are damaged due to objective reasons.

Imported and exported goods are only entitled to tax reduction due to damage or loss due to objective reasons while in the process of customs supervision. The tax reduction will be based on the actual loss rate of the goods, if the goods are completely damaged, no tax will be paid.