Procedures for selecting a commercial bank as a value-added tax refund agent

– Authority or competent person authorized or decentralized to implement (if any): General Department of Customs

– Agency directly implementing administrative procedures: General Department of Customs

– Coordinating agency (if any): State Bank, State Treasury, General Department of Taxation

– Law on Tax Administration No. 78/2006/QH10 dated November 29, 2006; Law amending and supplementing a number of articles of the Law on Tax Administration 21/2012/QH13 dated November 20, 2012;

– Decree No. 83/2013/ND-CP dated July 22, 2013 of the Government detailing the implementation of a number of articles of the Law on Tax Administration and the Law amending and supplementing a number of articles of the Law on Tax Administration;

– Decree No. 209/2013/ND-CP dated December 18, 2013 of the Government detailing and guiding a number of articles of the Value Added Tax Law;

– Decree No. 215/2013/ND-CP dated December 23, 2013 of the Government regulating the functions, tasks, powers and organizational structure of the Ministry of Finance;

– Circular No. 72/2014/TT-BTC dated May 30, 2014 of the Ministry of Finance regulating value-added tax refund for goods brought by foreigners and Vietnamese residing abroad when traveling abroad. exit.

– Step 2: The General Department of Customs checks and appraises the documents:

+ If the dossier is incomplete, within three (03) working days from the date of receiving the dossier, notify the bank in writing to supplement the dossier;

+ If the application does not meet the specified conditions, within seven (07) working days from the date of receipt of the application, there will be a written response to the bank;

+ If the dossier is complete and meets the prescribed conditions, within ten (10) working days from the date of receipt of complete dossier, the Ministry of Finance (General Department of Customs) in coordination with the State Bank has Written notification of commercial banks' eligibility to participate in value-added tax refund agents.

– Document issued by the State Bank to commercial banks to conduct foreign exchange activities and provide foreign exchange services: 01 photocopy with the commercial bank's confirmation stamp.