The General Department of Customs (GDC) recently issued Official Letter No. 4918/TCHQ-TXNK, providing detailed guidelines on the procedure for verifying the customs value for imported goods.
The GDC has expressed the following views:
During verification, the customs authority must examine the customs value stated on the customs declaration and handle each specific case as follows:
1. For goods subject to complete inspection of the entire shipment (Customs declaration includes multiple items)
- If the goods were “declared inaccurately or insufficiently in terms of description criteria on the customs declaration, affecting the customs value,” the customs authority is entitled to reject the declared customs value.
The customs authority requires the business to make a supplemental declaration within five working days. In case of overdue submission, the customs authority will proceed with a tax assessment.
- If the goods are suspected in terms of the declared customs value, the customs authority will consult with the business to clarify the customs value of the goods.
The customs authority will request the business to provide additional information, documents, or evidence to verify the accuracy of the declared customs value.
- If neither of the above conditions applies, the customs authority must accept the declared customs value.
Therefore, the customs authority’s rejection of the declared customs value for the entire shipment without verifying and processing the inspection results is unfounded.
(Clause 14, Article 1, Circular No. 39/2018/TT-BTC )
2. For goods subject to analysis, classification, and inspection.
- The customs authority conducts analysis, classification, and inspection of the goods and obtains results.
- Based on these results, if elements are identified that affect the declared customs value, the customs authority must collect all necessary documents to verify the actual customs value of the goods.
- The customs authority will proceed with tax assessment and handle any violations (if applicable) based on the customs value verification results.
( According to Official Letter No. 4918/TCHQ-TXNK dated October 11, 2024)
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