From July 1, 2025, are imported goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam exempt from VAT?
From July 1, 2025, are imported goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam exempt from VAT?
Pursuant to Clause 3, Article 73 of theLaw on National Defense xoilac tv trực tiếp bóng đá hôm nay Security Industry xoilac tv trực tiếp bóng đá hôm nay Industrial Mobilization 2024(effective from July 1, 2025), the following is stipulated:
Import of goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security industries
- imported goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam industries include:
a) Technical equipment xoilac tv trực tiếp bóng đá hôm nay technical vehicles for operational purposes;
b) Technical materials;
c) Machinery, equipment, xoilac tv trực tiếp bóng đá hôm nay production lines serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam;
d) Technical documents;
đ) Consultancy services, technical services;
e) Other goods xoilac tv trực tiếp bóng đá hôm nay services.
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3. imported goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam industries are exempt from import tax xoilac tv trực tiếp bóng đá hôm nay value-added tax according to the provisions of laws on export tax, import tax, xoilac tv trực tiếp bóng đá hôm nay value-added tax; they are prioritized for customs clearance according to customs law. The Prime Minister of the Government of Vietnam determines the list of imported goods xoilac tv trực tiếp bóng đá hôm nay services for the national defense xoilac tv trực tiếp bóng đá hôm nay security industries.
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Thus, from July 1, 2025, imported goods xoilac tv trực tiếp bóng đá hôm nay services for the national defense xoilac tv trực tiếp bóng đá hôm nay security industries as per the above regulations will be exempt from VAT according to the provisions of the law on value-added tax.
From July 1, 2025, are imported goods xoilac tv trực tiếp bóng đá hôm nay services serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam exempt from VAT?(Image from the Internet)
From July 1, 2025, what imported goods are subject to value-added tax in Vietnam?
According to Article 3 of theLaw on Value-Added Tax 2024(effective from July 1, 2025), the regulation on taxable objects for value-added tax is as follows:
Taxable objects
Goods xoilac tv trực tiếp bóng đá hôm nay services used for production, business, xoilac tv trực tiếp bóng đá hôm nay consumption in Vietnam are subject to value-added tax, except for the objects specified in Article 5 of this Law.
Thus, as stated in Article 5 of theLaw on Value-Added Tax 2024, imported goods subject to VAT are goods used for production, business, xoilac tv trực tiếp bóng đá hôm nay consumption in Vietnam, except in the following non-taxable cases:
- Products from crops, plantations, breeding, aquaculture, fishing not yet processed into other products or only through ordinary processing by the organization or individual self-produced, caught at the import stage.
- Imported goods such as newspapers, journals, newsletters, special editions, political books, textbooks, curricula, books of legal documents, scientific xoilac tv trực tiếp bóng đá hôm nay technical books, foreign information books, books printed in ethnic minority languages, xoilac tv trực tiếp bóng đá hôm nay propaganda pictures, including audio or video tapes, discs, electronic data; currency, printing money.
- Machinery, equipment, spare parts, supplies of types not yet produced domestically required to be imported for direct use in scientific research xoilac tv trực tiếp bóng đá hôm nay technological development.
- Machinery, equipment, spare parts, special-use transportation means, xoilac tv trực tiếp bóng đá hôm nay materials of types not yet produced domestically needed for exploration, development of oil xoilac tv trực tiếp bóng đá hôm nay gas fields.
- Aircraft, helicopters, gliders, drilling rigs, ships of types not yet produced domestically required to be imported to form fixed assets of enterprises or rented from abroad for production, business, or leasing.
- Products, services imported serving national defense xoilac tv trực tiếp bóng đá hôm nay security in Vietnam industries according to the list issued by the Prime Minister of the Government of Vietnam.
- Imported goods in cases of humanitarian aid, non-refundable aid. Goods xoilac tv trực tiếp bóng đá hôm nay services sold to foreign organizations, individuals, international organizations for humanitarian aid, non-refundable aid to Vietnam.
- Temporarily imported goods for re-export.
- Temporarily exported goods for re-import.
- Imported materials for producing, processing goods for export under production, processing export contracts signed with foreign parties.
- Imported goods from abroad by a financial leasing company directly transferred to a non-tariff zone for financial lease to enterprises in the non-tariff zone.
- Gold in bars, ingots not yet crafted into fine art, jewelry, or other products at the import stage.
- Imported goods in the following cases:
+ Gifts for state agencies, political organizations, socio-political organizations, socio-political-professional organizations, social organizations, socio-professional organizations, people's armed units within the import tax exemption limit according to the law on export tax, import tax;
+ Gifts within the import tax exemption limit according to the law on export tax, import tax from foreign organizations, individuals to Vietnamese individuals; items of foreign organizations, individuals under diplomatic immunity standards, xoilac tv trực tiếp bóng đá hôm nay personal belongings within the import tax exemption limit according to the law on export tax, import tax;
+ Goods within the standard of duty-free luggage according to the law on export tax, import tax;
+ Goods imported for support, sponsorship to prevent, combat, remediate disasters, epidemics, war according to regulations by the Government of Vietnam;
+ Goods bought, exchanged across borders to serve the production, consumption of border residents under the list of goods purchased, exchanged by border residents according to the law xoilac tv trực tiếp bóng đá hôm nay within the import tax exemption limit according to the law on export tax, import tax;
+ Relics, antiques, national treasures according to the law on cultural heritage imported by competent state agencies.
Are imported goods then exported to another country eligible for VAT refund in Vietnam?
Pursuant to Point a, Clause 1, Article 15 of theLaw on Value-Added Tax 2024, regulations on VAT refund for exports are as follows:
Value-added tax refund
- VAT refund for exports is stipulated as follows:
a) Business establishments in the month or quarter having exported goods or services xoilac tv trực tiếp bóng đá hôm nay with uncredited input VAT of 300 million VND or more are eligible for VAT refund on a monthly or quarterly basis, except for the case of imported goods subsequently exported to another country;
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Thus, from July 1, 2025, imported goods subsequently exported to another country will not be eligible for a value-added tax refund.
