03 conditions for businesses to be exempt from guarantee for many journeys
This is a new content issued by the Government in Decree 46/2020 / ND-CP on the provisions of customs procedures, customs inspection and supervision for goods in transit through the Customs Transit System. ASEAN to implement the Protocol 7 on Customs Transit System dated April 9, 2020.
Specifically, the ASEAN Customs Transit System (ACTS) is an integrated information technology system established by ASEAN member countries, connecting and exchanging information with each other to perform electronic transit procedures, control the movement of goods in transit through the territory of ASEAN member countries.
In which, enterprises are exempted from guarantee for many itineraries upon transit if they meet the following conditions: Being recognized as a priority transit enterprise; Enterprises having registered transport services or providing logistics services according to the provisions of law; Enterprises are not overdue for more than 90 days of tax, late payment interest, and fines, and are not subject to enforcement of tax administrative decisions in the customs domain for 2 consecutive years.
In addition, goods in transit through the ACTS system can only be brought from Vietnam to ASEAN member countries or brought from ASEAN member countries into Vietnam through 03 international border gates: Cau Treo (Ha Tinh); Lao Bao (Quang Tri), Moc Bai (Tay Ninh).
This Decree takes effect from June 1, 2020.
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