Goods imported for production and/or business for which import tax has been paid but put into the production of export goods, and then these products have been exported abroad or into non-tariff zones shall be eligible for import tax refund.
It should be noted that taxpayers must declare on the export declaration that the exported products are manufactured from goods previously imported by enterprises for production and business.
To be eligible for a tax refund, businesses also need to meet the following conditions:
- Enterprises having establishments producing export goods in the territory of Vietnam; have the right to own or use machinery and equipment suitable for the production of exported goods from imported raw materials.
- Export products are subject to customs clearance according to the type of export production (E62).
- Enterprises directly or entrust the import of raw materials and export of products.
The value of import tax refund is calculated based on the value or quantity of raw materials actually used to produce export goods.
(Article 36 of Decree No. 134/2016/ND-CP)
Source: Official Letter No. 3696/TCHQ-TXNK dated July 31, 2024