GRANT GOLD MATERIAL IMPORT LICENSES FOR MANUFACTURING GOLD JEWELRY AND ART CRAFTS WITHIN 15 WORKING DAYS
On September 30, 2021, the State Bank of Vietnam issues the Circular No. 15/2021/TT-NHNN amending and supplementing a number of articles of the Circular No. 16/2012/TT-NHNN dated May 25, 2012, of the Governor of the State Bank of Vietnam, guiding a number of
articles of the Government's Decree No. 24/2012/ND-CP of April 3, 2012, on management of gold business activities.
This Circular amends procedures for grant gold material import licenses for foreign-invested enterprises that wish to import gold material for manufacturing gold jewelry and art crafts according to the national single-window mechanism. Accordingly, the e-dossier with a digital signature shall be sent on the Vietnam National Single Window portal. In case the Vietnam National Single Window portal or specialized processing system of the State Bank of Vietnam encounters incidents or contains errors, thus making it unable to receive and exchange e-information, the declaring, sending, receiving and returning results, exchanging and feeding back information shall be implemented by portal service or directly at the department in charge of receiving and returning results of the State Bank of Vietnam.
In case of wishing to import gold material for manufacturing gold jewelry and art crafts, a foreign-invested enterprise shall make and send 01 set of dossier to the State Bank of Vietnam. Within 15 working days after receiving complete and valid dossiers, the State Bank of Vietnam shall consider granting or refuse to grant gold material import licenses for enterprises.
For the procedures for adjusting a gold material import license for re-manufacturing products, the Director of the State Bank branch of province or city shall, within 30 working days after receiving a valid and complete dossier, grant or refuse to grant the decision on adjusting a gold material import license for re-manufacture of products.
Besides, the Circular also amends provisions on reporting regimes applicable to enterprises engaged in gold business activities.
This Circular takes effect on November 20, 2021.
