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Proposal to repeal the Circular guiding the implementation of VAT on the list of imported goods

  • The Ministry of Finance is seeking opinions on the draft Circular to abolish Circular No. 83/2014/TT-BTC guiding the implementation of value-added tax on the list of imported goods in Vietnam.
  • The Ministry of Finance has reviewed the entire content of Circular No. 83/2014/TT-BTC and found that it is no longer suitable and has undergone changes in legal basis.
  • Currently, the value-added tax law is applied uniformly in import, production, processing, and commercial business stages.
  • The Ministry of Finance has proposed the abolition of Circular No. 83/2014/TT-BTC in accordance with the Law on the promulgation of legal normative documents.

Source: baochinhphu.vn

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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