OFFICIAL LETTER 2303/TCT-CS DATED 01 JUNE 2017 OF GDT GUIDING FCT FOR SALE OF GOODS FROM THE BONDED WARE HOUSE
According to official letter 2303/TCT-CS:
Foreign contractors import goods (goods kept in the bonded warehouse rented by them in Vietnam). After that, foreign contractors sell to foreign clients, ownership of goods is transferred on board or in the stock of foreign clients in accordance with Incoterms FOB or DDP, goods delivered abroad, not delivered, transferred ownership in the bonded warehouse in Vietnam. Foreign contractors only rent owner of the bonded warehouse to do necessary procedures and services of goods loading …in the bonded warehouse and rent independent units to transfer goods from the bonded warehouse to delivery place. Therefore, Foreign contractors are foreign contractor tax non-liable entities of Circular 103/2014/TT-BTC
