ONLY ALLOW TRANSFER OF OIL AND PETROLEUM TYPES IN ACCORDANCE WITH THE CONTRACT
This is a requirement of the Ministry of Finance at the Circular No. 88/2013/TT-BTC promulgating the guidance for pilot custom procedures for the export and import activities of petrol and oil, materials for petrol and oil production; petrol and preparation and switch at Van Phong petroleum bonded warehouse.
Petrol and oil contained in Van Phong warehouse is only allowed to change kind for ex-warehousing from Van Phong to foreign countries at the request of goods owners as prescribed in purchase and sale contracts or service contracts of preparing kinds for export, specifying only change petrol and oil kinds in corresponding to quantity, kinds in conformity with each purchase and sale contract or service contract of preparing kind for export; and the purchase and sale contract or service contract of preparing kind for export must clarify quantity, kinds, goods delivery place being overseas ports or locations; and petrol and oil already changed kind for export abroad is not allowed to re-import, transfer to domestic consumption.
Petrol and oil, raw materials are only put into and out Van Phong warehouse after finished procedures for registering declaration warehousing and ex-warehousing of bonded warehouses and subject to supervision by customs agencies as prescribed. Warehouse owners are allowed to pump petrol and oil and raw materials.
This Circular takes effect from August 15, 2013 to December 31, 2014.
