LAW ON DENUNCIATION 2018: THERE ARE ONLY 2 METHODS OF DENUNCIATION
The Law No. 25/2018/QH14 on Denunciation is passed on June 12, 2018 by the National Assembly, replaces for the Law on Denunciation 2011 and takes effect on January 01, 2019.
This procedure provides guidelines for procedures for inspection of declaration contents, declared value, consultation and customs valuation applied to exported goods and imported goods during customs procedures, applied to consignments subject to documentary inspection, physical inspection which is carried out in conjunction with other practices.
Inspection purposes are to evaluate compliance with law in declaration and customs valuation by customs declarants to comply with customs valuation rules and methods; and to collect proper and sufficient taxes for State budget.
During detailed examination of documents and goods physically (if any), if there are sufficient grounds to reject or suspect the declared value, customs value inspection result shall be dealt with in the while-customs clearance phase, post-customs clearance inspection shall not be carried at the head office of customs authority within 60 days from the date on which the goods are granted customs clearance.
This Decision takes effect on July 01, 2018.
