OFFICIAL LETTER 56268/CT-TTHT DATED 29 AUG 2016 OF HANOI TAXATION DEPARTMENT GUIDING VAT FOR PRODUCTS PROCCESSED FROM NATURAL RESOURCES
According to official letter 56268/CT-TTHT, products processed from imported natural resources and then exported:
- When exporting the above products, the company is applied to 0% VAT if meeting regulations of clause 2 article 9 Circular 219/2013/TT-BTC.
- In the period of VAT declaration, (monthly or quarterly), if the company exported goods, services from products processed from imported natural resources, have un-deducted input VAT from 300 million VND, refunded monthly or quarterly VAT; in case, in a moth or a quarter, un-deducted input VAT is not enough 300 million VND, it will be deducted in the next month or quarter; in case, have both goods and services sold abroad and in Vietnam if after offsetting the payable tax amounts, input VAT of exported goods and services is not yet deducted more 300 million VND, it will be refund as regulations of clause 6 article 1 Decree 100/2016/NĐ-CP.
