News Archives - Page 19 of 22 - Dịch vụ kiểm toán VINASC

06/08/2020 0 CommentsLike: 0

Tolerances applicable to non-originating materials

Tolerances applicable to non-originating materials 1. By way of derogation from paragraph 1 Article 7 and subject to paragraphs 2 and 3, non-originating materials may nevertheless be used, provided that their total value or net weight assessed for the product does not exceed: a) 10 percent of the weight of the product or ex-works price for products of Chapters 2 and 4 to 24 of the HS, other than processed fishery products referred to in Chapter 16 of the HS. b) 10 [...]

03/08/2020 0 CommentsLike: 0

Originating goods

Originating goods The following goods shall be considered as originating in a Party: 1. Goods wholly obtained in a Party within the meaning of Article 6 hereof. 2. Goods obtained in a Party incorporating materials which have not been wholly obtained there, provided that such materials have undergone sufficient working or processing in the Party concerned within the meaning of Article 7 hereof. Article 6. Wholly obtained goods 1. For the purposes of paragraph 1 Article 5, the following shall be considered as wholly [...]

30/07/2020 0 CommentsLike: 0

Guarantee for temporarily admitted goods

Guarantee for temporarily admitted goods 1. VCCI shall be the guaranteeing association in Vietnam. 2. The guarantee provided for obtaining an ATA carnet shall be determined by VCCI and equal to 110% of total amount of import duties and other taxes calculated according to the highest rates of the country through which the goods are transported. Where the guarantee is not sufficient to pay import duties and other taxes, late payment interests, fines, fees and charges (if any) collected on the temporarily [...]

27/07/2020 0 CommentsLike: 0

Temporary importation procedures

Temporary importation procedures 1. Customs dossier: a) The ATA carnet: 01 original; If the ATA carnet and general list are prepared in a language other than Vietnamese or English, the customs declarant shall submit the translation in Vietnamese and assume responsibility for such translation; b) The license for temporary importation of goods and the notice of specialized inspection results as prescribed by law: 01 original. The customs declarant may submit the photocopy if it is required according to specialized regulations or there is [...]

20/07/2020 0 CommentsLike: 0

Procedures for return of ATA carnets

Procedures for return of ATA carnets 1. An application for return of ATA carnet includes: a) The used ATA carnet (including all of unused counterfoils and vouchers), or the replacement ATA carnet and the former ATA carnet (including all of unused counterfoils and vouchers) in the case prescribed in Point d Clause 4 Article 9 hereof, or the unused ATA carnet (including all of issued counterfoils and vouchers): 01 original; b) Documents proving the termination of temporary admission in case of goods [...]

16/07/2020 0 CommentsLike: 0

Cases of termination of temporary admission

Cases of termination of temporary admission 1. Procedures for re-exportation or re-importation of temporarily admitted goods have been completed (including the cases where the goods are placed in a bonded warehouse or free trade zone). Evidence of re-exportation or re-importation of goods: a) Evidence of the re-exportation of temporarily imported goods is the counterfoil completed and stamped by the customs authority of Vietnam and the re-exportation counterfoil or the customs declaration granted clearance if the goods are re-exported by a written [...]

13/07/2020 0 CommentsLike: 0

Goods granted temporary admission

Goods granted temporary admission 1. The following goods shall be granted temporary admission: a) goods intended for display or demonstration at an event prescribed in Clause 7 Article 3 hereof; b) goods intended for use at an event, including: goods necessary for the purpose of demonstrating foreign machinery or apparatus to be displayed; construction and decoration material, including electrical fittings, for the temporary stands or stalls; advertising and demonstration material which is demonstrably publicity material for the foreign goods displayed; c) equipment including [...]

15/06/2020 0 CommentsLike: 0

Financial Instruments: Disclosures – IFRS 7

Financial Instruments: Disclosures – IFRS 7 Overview of IFRS 7 adds certain new disclosures about financial instruments to those previously required by IAS 32 Financial Instruments: Disclosure and Presentation (as it was then cited) replaces the disclosures previously required by IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions puts all of those financial instruments disclosures together in a new standard on Financial Instruments: Disclosures. The remaining parts of IAS 32 deal only with financial instruments presentation matters. Disclosure requirements [...]

14/04/2020 0 CommentsLike: 0

Revenue from Contracts with Customers – IFRS 15

Revenue from Contracts with Customers – IFRS 15 Objective The objective of IFRS 15 is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer. [IFRS 15:1] Application of the standard is mandatory for annual reporting periods starting from 1 January 2018 onwards. Earlier application is permitted. Scope IFRS 15 Revenue from Contracts with Customers applies [...]

02/04/2020 0 CommentsLike: 0

Ceuta and Melila

Ceuta and Melila 1. For the purpose of the application of this Circular, the term “Party” does not cover Ceuta and Melila. 2. Products originating in Viet Nam, when imported into Ceuta or Melilla, shall enjoy in all respects the same customs treatment under this Agreement as that which is applied to products originating in the customs territory of the Union. 3. Products originating in Ceuta or Melilla, when imported into Viet Nam, shall enjoy in all respects the same customs treatment [...]