Title: Circular 127/1998/TT-BTC Guiding the implementation of the regime of import tax applicable to reserve spare parts and details imported together with SKD, CKD or IKD component sets in service of production

Type: Circular

Issuing Agency: Ministry of Finance

Responsible Agency: Ministry of Finance

Issuing Date: 17-09-1998

 

To be entitled to the tax policy stipulated in Point 1 of this Circular, enterprises shall, upon filling the customs procedures, have to produce the following dossiers:

- An official dispatch requesting that import tax on reserve details and spare parts shall be calculated at the tax rates applicable to their SKD, CKD or IKD component sets;

- The table of damage and waste norms of details and spare parts imported as reserves (additionally imported) besides SKD, CKD or IKD component sets already inspected and verified by the Ministry of Industry;

- The Ministry of Trade's official dispatch permitting the import of reserve details and spare parts in service of production and/or assembly of finished products from their SKD, CKD or IKD component sets;

- The written explanation on the manufacture and/or assembly plans of the year

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