Instructions for paying taxes and fees in case the 2024 tax exemption limit is exceeded
In case of excess baggage regulate tax exemption limits, tourists will have to pay import tax for the excess according to regulations.
*About HS codes and import taxes:
To calculate the tax rate of a taxable item, visitors must first determine the commodity code of the item and the tax rate of that item. Determining the HS code and tax rate of a specific item must be based on the composition, description of the goods, and the actual goods.
It is recommended that people entering the country study the following documents to determine the HS code and import tax of imported goods:
– Circular 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification of goods and analysis to classify goods; analysis to check quality and food safety for exported goods, import.
– Export tariff schedule, preferential import tariff schedule issued together with Decree No. 122/2016/ND-CP dated September 1, 2016 stipulating export tariff schedule, preferential import tariff schedule, list of goods and absolute tax rates, mixed taxes, and import taxes outside the tariff quota.
– Appendix II: Six general rules explaining the classification of goods according to Vietnam's List of Exported and Imported Goods based on the Harmonized Commodity Description and Coding System of the World Customs Organization ( issued together with Circular No. 103/2015/TT-BTC
*How to calculate import tax:
Amount of import tax payable = (Number of units of actually imported goods recorded in the customs declaration) x (Taxable value calculated per unit of goods) x Tax rate.
Legal grounds:
1. Article 7 Decision No. 31/2015/QD-TTg dated August 4, 2015 on luggage, movable property, gifts, gifts, and sample goods that are tax-exempt, considered tax-free, and non-taxable .
2. Circular 14/2015/TT-BTC dated January 30, 2015 of the Ministry of Finance guiding the classification of goods and analysis to classify goods; analysis to check quality and food safety for exported and imported goods.
3. Export tariff schedule, preferential import tariff schedule issued together with Decree No. 122/2016/ND-CP dated September 1, 2016 stipulating export tariff schedule, preferential import tariff schedule, list of goods and absolute tax rates, mixed taxes, and import taxes outside the tariff quota.
4. Appendix II: Six general rules explaining the classification of goods according to Vietnam's List of Exported and Imported Goods based on the Harmonized Commodity Description and Coding System of the World Customs Organization (issued together with Circular No. 103/2015/TT-BTC).
5. Circular No. 38/2015/TT-BTC dated March 25, 2015 of the Ministry of Finance regulating customs procedures; customs inspection and supervision; export tax, import tax and tax administration for exported and imported goods.
