TEMPORARY IMPORT OR RE-EXPORT GOODS IN VIETNAM CANNOT EXCEED 45 DAYS
This is the new provisions at the Circular No. 59/2013/TT-BTC dated May 08, 2013 of the Ministry of Finance guiding customs procedures, customs inspection and supervision applicable to some commodities of the business of temporary import for re-export, transfer through border-gates and putting into bonded warehouses.
In particular, the Ministry of Finance points out that Commodities of the business of temporary import for re-export specified in this Circular may be stored in Vietnam not exceeding 45 days after finishing customs procedures for temporary import. If a trader wishes to prolong time limit for storing goods in Vietnam, the trader must send a written proposal to the Customs Sub-Department at border-gate where the procedures for temporary import of goods were did, the head of Customs Sub-Department shall consider, accept, sign and stamp the seal of Customs Sub- Department on written proposal of the trader and return it to the trader to do procedures for goods re-export.
Besides, at this Circular, the Ministry of Finance also regulates cases of refusal for goods receipt in the cases where goods are not consistent with contract of goods purchase and sale; goods are not consistent with contract of hiring bonded warehouse or the goods sender fail to implement in accordance with terms set in the contract of hiring bonded warehouse; the refusal of goods receipt must be implemented before time of registering the customs declaration or before finishing customs procedures for temporary import or customs procedures for putting goods into bonded warehouses; the refusal of goods receipt for goods with signs of law violation is not recognized...
This Circular takes effect on June 22, 2013.
