Temporary suspension trực tiếp bóng đá k+ business temporarily importing and re-exporting Monazite ore and concentrate from May 13, 2024 in Vietnam

Temporary suspension trực tiếp bóng đá k+ business temporarily importing and re-exporting Monazite ore and concentrate from May 13, 2024 in Vietnam

On March 29, 2024, the Minister trực tiếp bóng đá k+ Industry and Trade issued Circular 05/2024/TT-BCT regulating the temporary suspension trực tiếp bóng đá k+ business activities related to the temporary import and re-export trực tiếp bóng đá k+ Monazite ore and concentrate.

The temporary suspension trực tiếp bóng đá k+ business activities related to the temporary import and re-export trực tiếp bóng đá k+ Monazite ore and concentrate (under group 26.12, HS code 2612.20.00) is implemented based on regulations trực tiếp bóng đá k+ the Circular 05/2024/TT-BCT.

The applicable entities include:

- Traders engaged in the business activities trực tiếp bóng đá k+ temporary import and re-export trực tiếp bóng đá k+ Monazite ore and concentrate.

- Relevant agencies, organizations, and individuals involved in the business activities trực tiếp bóng đá k+ temporary import and re-export trực tiếp bóng đá k+ Monazite ore and concentrate.

Temporary suspension trực tiếp bóng đá k+ business temporarily importing and re-exporting Monazite ore and concentrate from May 13, 2024 in Vietnam - image from internet

What are cases in which the importation code trực tiếp bóng đá k+ enterprises in Vietnam shall be revoked?

Pursuant to Clause 2 Article 28 trực tiếp bóng đá k+ the Decree 69/2018/ND-CP, the importation code trực tiếp bóng đá k+ enterprises in Vietnam shall be revoked in following cases:

- The enterprises falsified that it had met all conditions as prescribed in the Decree 69/2018/ND-CP.

- The enterprises fail to maintain conditions prescribed in this Decree while using the temporary importation code.

- The enterprises fail to pay extra amount to the bond within 30 days from the date on which the Ministry trực tiếp bóng đá k+ Industry and Trade gives a notice as prescribed in Clause 2 Article 30 trực tiếp bóng đá k+ the Decree 69/2018/ND-CP.

- The enterpries fail to comply with the request made by the competent authority in terms trực tiếp bóng đá k+ regulation trực tiếp bóng đá k+ temporarily imported goods prescribed in Article 14 trực tiếp bóng đá k+ the Decree 69/2018/ND-CP.

- The enterprises trade in temporary importation without any license for temporary importation issued by the Ministry trực tiếp bóng đá k+ Industry and Trade as prescribed.

- The enterprises trade in temporary importation trực tiếp bóng đá k+ goods prohibited or suspended from temporary importation.

- The enterprises refuse obligation under the signed import contract against shipments arrived at the port or Vietnam’s checkpoint.

- The enterprises bring temporarily-imported goods into local market without any permission.

- The enterprises break the customs seal as to temporarily-imported goods without any permission.

What is the period trực tiếp bóng đá k+ revocation trực tiếp bóng đá k+ temporary importation code trực tiếp bóng đá k+ enterprises in Vietnam?

Pursuant to Clauses 3 and 4, Article 28 trực tiếp bóng đá k+ the Decree 69/2018/ND-CP stipulating revocation trực tiếp bóng đá k+ temporary importation code:

Revocation trực tiếp bóng đá k+ temporary importation code

...

3. Enterprises having their temporary importation codes revoked prescribed in Points a, b, c, d, dd, h, I Clause 2 hereof may not be reissued with other temporary importation codes within 2 years from the date trực tiếp bóng đá k+ revocation.

4. Enterprises having their temporary importation codes revoked prescribed in Points e, g Clause 2 hereof may not be reissued with any temporary importation code.

As regulated above, the period trực tiếp bóng đá k+ revocation trực tiếp bóng đá k+ temporary importation code trực tiếp bóng đá k+ enterprises in Vietnam is stipulated as follows:

- 2 years from the date trực tiếp bóng đá k+ revocation for following cases:

+ The enterprises falsified that it had met all conditions as prescribed in this Decree.

+ The enterprises fail to maintain conditions prescribed in this Decree while using the temporary importation code.

+ The enterprises fail to pay extra amount to the bond within 30 days from the date on which the Ministry trực tiếp bóng đá k+ Industry and Trade gives a notice.

+ The enterpries fail to comply with the request made by the competent authority in terms trực tiếp bóng đá k+ regulation trực tiếp bóng đá k+ temporarily imported goods.

+ The enterprises trade in temporary importation without any license for temporary importation issued by the Ministry trực tiếp bóng đá k+ Industry and Trade as prescribed.

+ The enterprises bring temporarily-imported goods into local market without any permission.

+ The enterprises break the customs seal as to temporarily-imported goods without any permission.

- Ineligible for reissuance trực tiếp bóng đá k+ temporary importation code trực tiếp bóng đá k+ enterprises in Vietnam for following cases:

+ Trades in temporary importation trực tiếp bóng đá k+ goods prohibited or suspended from temporary importation.

+ Refuses obligation under the signed import contract against shipments arrived at the port or Vietnam’s checkpoint.

What are cases trực tiếp bóng đá k+ suspending validity trực tiếp bóng đá k+ temporary importation code trực tiếp bóng đá k+ enterprises in Vietnam?

Pursuant to Article 29 trực tiếp bóng đá k+ the Decree 69/2018/ND-CP stipulating regulations on suspending validity trực tiếp bóng đá k+ temporary importation code:

Suspending validity trực tiếp bóng đá k+ temporary importation code

1. The Ministry trực tiếp bóng đá k+ Industry and Trade shall consider suspending validity trực tiếp bóng đá k+ temporary importation code obtained by an Enterprise having its violation investigated by the specialized agency as prescribed in this Decree or at the request trực tiếp bóng đá k+ such specialized agency.

2. The temporary importation code shall have its validity period suspended within 3 month, 6 month or 1 year as the case may be or at the request trực tiếp bóng đá k+ the specialized agency.

As regulated above, the validity trực tiếp bóng đá k+ temporary importation code trực tiếp bóng đá k+ enterprises in Vietnam shall be suspended when the specialized agency investigates their violation.

Best regards!