On February 19, 2025, the General Department of Customs issued Official Letter No. 831/TCHQ-TXNK on the declaration of customs value of imported goods for bonuses/penalties for fast/slow unloading. Accordingly, some contents to note are as follows:
Circular 39/2015/TT-BTC stipulates customs value as follows:
- The customs value of imported goods is the actual price payable up to the first border gate of import (Article 5).
- The actual price payable is the total amount that the buyer has paid or will have to pay to the seller for the purchase of imported goods after it has been adjusted according to the adjustment charges plus and minus adjustment (Article 6).
Accordingly, the bonus/penalty incurred after the buyer receives the goods is not within the scope of fees that must be adjusted and added to the customs value (Article 13) and fees that must be deducted from the customs value (Article 15).
Therefore, if the Company and the seller have an agreement on the bonus/penalty related to the unloading of the goods by the buyer, this fee will not be added or deducted from the customs value of the imported goods.
(According to Official Letter No. 831/TCHQ-TXNK dated February 19, 2025)
RELEVANT ARTICLES:
- List Of Import And Export Goods Subject To Inspection Before Custom Clearance
- Customs Clearance Procedures For Import and Export Goods and Related Documents
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