Vietnam Exporters Granted Back-Dated Import Duty Exemptions


New guidelines relating to import duty exemptions for raw materials and components imported by export oriented manufacturers have been issued by the General Department of Customs. These exemptions also apply in instances where certain production activities are outsourced to third parties and sees export manufacturing firms entitled to claim back duty exemptions on any imported goods covered by customs declarations dated from 1 September 2016 onwards. In specific terms, the duty exemptions apply to all imported items covered by Clause 7 of Article 16 of Law on Export Tax and Import Tax No. 107/2016/QH13.


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