On May 12, 2015, the Ministry of Finance issued the Circular No. 72/2015/TT-BTC dated May 12, 2015 of the Ministry of Finance guiding the application of priority policy in customs procedures, customs inspection and supervision for exported and imported goods of enterprises.
In accordance with this Circular, to receive the priority policy, the enterprises must have compliance with customs legislation and tax legislation; required export and import turnover; electronic customs procedures and electronic tax procedures; payment for exported and imported goods; good compliance with legislation on accounting, auditing and in particular, the enterprise earns at least USD 100 million in annual turnover from import, export, over the last 02 consecutive years, there are no acts of tax evasion, tax fraud; smuggling and illegal transportation of goods across the border; Electronic customs procedures, electronic tax procedures must be followed; there must be export/import management software programs meeting requirements of the customs authority.
Relevant documents of customs dossiers shall be exempted from inspection and goods shall be exempted from physical inspection during customs procedures, except for signs of law violation or extraordinary inspections to assess the legal compliance; Incomplete customs declarations may be used to follow customs procedures on customs electronic data processing system of customs authority; enterprises shall be given priority by the customs authority for physical inspection of goods by scanners for extraordinary inspections to assess the compliance with the customs declaration and shall be allowed to undergo customs inspection/control first by the customs authority…
This Circular takes effect on June 19, 2015.
