To:  Provincial Customs Departments 

On December 28, 2023, the Government has promulgated Decree No. 94/2023/ND-CP prescribing value-added tax (VAT) reduction under the Resolution No. 110/2023/QH15 for the period from January 01, 2024 to June 30, 2024 inclusively. For implementing provisions of this Decree in respect of customs sector, the General Department of Vietnam Customs herein gives some opinions as follows:

1. Regarding value-added tax (VAT) reduction policies:

a) A 2% reduction in VAT on goods and services that are currently subject to 10% VAT (i.e. VAT is reduced from 10% to 8%), except the following goods: telecommunication, information technology products, metal and precast metal products, mining products (excluding coal mining), coke mining, refined oil, chemical products, and goods subject to excise tax, shall be given in accordance with the provisions of clause 1 Article 1 of the Decree No. 94/2023/ND-CP.

b) Goods on which VAT shall not be reduced are provided in Appendixes I, II and III enclosed with the Decree No. 94/2023/ND-CP.

2. Regarding declaration on VNACCS/VCIS system:

Select code VB215 in the “Mã áp dụng thuế suất/mức thuế và thu khác” ("Code of applied tax rate/tax rate and other receivables") box of the e-declaration for imports registered from 0h00’, on January 01, 2024 onwards for declaring the 8% VAT for goods subject to VAT reduction as prescribed in the abovementioned Resolution No. 110/2023/QH15.

The VB215 code shall not be declared for goods which are not subject to VAT or which are subject to 0%, 5% or 10% VAT as prescribed by the VAT Law.

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PP. DIRECTOR GENERAL
DEPUTY DIRECTOR GENERAL




Hoang Viet Cuong