Uni 24-10-2016 - Guidance VAT for transition processing- processing for export

According to official letter 4704/TCT-CS dated 12 Oct 2016 of GDT guiding export goods including transition processing- processing for export applied to 0% VAT must satisfy (04) conditions: contract, invoice, payment voucher, and customs declaration.

The company conducts transition processing- processing for export abroad but not meet customs declaration (in accordance with onsite export-import customs procedures), in detail, when receiving goods from export company in Vietnam as well as delivers to the third party for export, the parties do not conduct customs procedures. transition processing- processing for export of the company is not allowed to applied to 0% VAT .