View Procedure

Category

Customs Tax Procedure

Responsible Agency

General Department of Vietnam Customs

Address:

Phone:

Email:

Legal basis of the Procedure                

• Law on Tax Administration No. 13/2008/QH11 dated 6/3/2008;

• Law Amending and Supplementing a Number of Articles of the Law on Tax Administration No. 31/2013/QH13 dated June 19, 2013;

• Law on Tax Administration No. 78/2006/QH11 dated November 29, 2006;

• Law Amending and Supplementing a Number of Articles of the Law on Tax Administration No. 21/2012/QH13 dated November 20, 2012;  

• Decree No. 83/2013/ND-CP dated July 22, 2013 of the Government on guidelines for the Law on Tax administration and the Law on amendments to the Law on Tax Administration;

• Decree No. 209/2013/ND-CP dated December 18, 2013 on guidelines for the Law on Value-added Tax;

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

• Circular No. 72/2014/TT-BTC dated May 30, 2014 of the Ministry of Finance on the VAT refund for goods of foreigners, overseas Vietnamese’s goods brought with when exit

Processing time

• The General Department of Customs shall submit the written notification that the commercial bank stops acting as a VAT refund agent to the Ministry of Finance, the State bank, relevant tax authorities and units within 10 (ten) days from the receipt of the notification from the commercial bank.  

Fee

• Not applied

No

Type of documents

Note

1

A written request that the commercial bank stop acting as a VAT refund agent

original copy

No

Contents

Step 1

The commercial bank shall send a written notification that it will stop acting as a VAT refund agent to the Ministry of Finance (the General Department of Customs) not later than 60 (sixty) days before the day on which it stops acting as a VAT refund agent;

Step 2

The Ministry of Finance (the General Department of Customs) shall send the commercial bank, the State bank, relevant tax authorities and units a written request that the commercial bank stop acting as a VAT refund agent;  

Step 3

The General Department of Customs shall submit the written notification that the commercial bank stops acting as a VAT refund agent to the Ministry of Finance, the State bank, relevant tax authorities and units within 10 (ten) days from the receipt of the notification from the commercial bank;

Step 4

The commercial bank shall take down the Sign "VAT refund agent" at the tax refund counter when it stops acting as a VAT refund agent.

The commercial bank that has received a written notification of the eligibility to act as a VAT refund agent from the Ministry of Finance wishing to stop acting as a VAT refund agent shall follow these procedures; the commercial bank is breaching the regulations on the VAT refund in Circular No. 72/2014/TT-BTC dated May 30, 2014 of the Ministry of Finance