- Vietnam is considering restricting its low value consignment relief
- The relief exempts parcels imported from Vietnam destined for consumers from VAT
- The value of the relief is VND 1 million, approximately €36 or $40
Source: vatcalc.com
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.
Latest Posts in "Vietnam"
- Important Notes on VAT Deduction and Invoicing for Deferred Payments and Gifts
- Businesses Urge Automatic VAT Refunds to Ease Cash Flow and Boost Export Competitiveness
- Key Changes to VAT: New Regulations on Taxpayers, Exemptions, and Foreign Contractor VAT Rates
- Proposed Amendments to VAT Regulations for Agriculture and Animal Feed Sectors
- How to Determine Goods Eligible for VAT Reduction under New Regulations in Vietnam
