The Ministry of Industry and Trade issued Circular 09/2020/TT-BCT stipulating the roadmap for applying import – export border gate for temporary import and re-export goods, transshipment and depositing in bonded warehouses.
Accordingly, from January 1st, 2020, regarding goods temporarily imported and re-exported, or transshipment, if it is imported or re-exported from Vietnam through land border gate, the import or re-export will only be carried out through international border gates, main border gates (bilateral border gates) that are opened in accordance with regulations in Decree No.112/2014/NĐ-CP dated November 21, 2014 of the Government stipulating land border gates management.
This provision is also applied to foreign goods that are temporarily imported and re-exported and deposited in bonded warehouses if goods are imported or re-exported from Vietnam through land borders.
This Circular applies to traders engaged in business activities of temporary import and re-export, transshipment and depositing into bonded warehouse. Organizations and authorities managing business activities of temporary import and re-export, transshipment, depositing in bonded warehouses and agencies, organizations and individuals related to these business activities.
Source: VCN
Key words: new regulation, import-export border gate, temporary, import, re-export, goods
