On July 12, 2024, the General Department of Customs issued Official Dispatch 3410/TCHQ-TXNK on value added tax according to Decree 94/2023/ND-CP.
Pursuant to Part A Appendix III of Decree No. 94/2023/ND-CP dated December 28, 2023, "Electrical equipment used for telephone line systems, telegraph systems and electronic information systems" is subject to VAT is not reduced.
Pursuant to Section VI, Part B, Appendix III of Decree No. 94/2023/ND-CP, in case the goods are hardware and electronic spare parts and components, they are not subject to VAT reduction, the tax rate will apply. yield is 10%. HS codes in column (10) of Appendix I, column (10) of Part A and column (4) of Part B of Appendix III are for reference only. Determination of HS codes for actual imported goods is carried out in accordance with regulations on goods classification in the Customs Law and legal documents guiding the implementation of the Customs Law.
