News

Seed importing businesses call heaven!

Published Jun 19, 2020

Tridge summary

Should have enjoyed a preferential tax rate of 0%, from 2018, the Customs office will require businesses to pay 10-15% of import tax.

Original content

F1 hybrid melon seeds imported from Taiwan, Thailand. Under the provisions of the Law on Export Tax, Import Tax, vegetable seed items (as well as other types of seeds of agricultural plants which cannot be produced at home) are entitled to the preferential tax rate of 0%. However, from 2018 Customs in Ho Chi Minh City will be required to pay import duties of 10-15%. Particularly, watermelon seeds are subject to tax arrears from 2015 to 2018 and are required to apply a new tax rate of 10% from 2019. The customs office in Ho Chi Minh City also applies the import tax rate of 10% for goods. pumpkin seeds, melon pears, melon seeds, sunflower seeds from 2019 and a 15% import tax on coriander seeds (coriander) from January 2020. “Customs imposition in Ho Chi Minh City Ho Chi Minh City makes companies confused, worried and extremely embarrassed in paying taxes as well as customs clearance of goods and destabilizing prices of vegetable seeds, melons, squash of all kinds on the market. From ...
Source: Vietnambiz
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