New regulations on temporary import, re-export
VGP – The Ministry of Industry and Trade has issued Circular No. 11/2017/TT-BCT on temporary import, re-export, temporary export, re-import, and transshipment of goods.
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The re-exports of goods via auxiliary border gates and border crossings are realized at auxiliary border gates and border crossings at border economic zones and auxiliary border gates outside the border economic zones where there are full management agencies as required and technical facilities guaranteeing state management performance.
Border provinces’ People’s Committees exchange the Ministry of Industry and Trade the principles of selecting enterprises which are allowed to re-export goods via auxiliary border gates and border crossings and announce the list of selected enterprises.
In case the goods are stuck, the provinces’ People’s Committee direct functional agencies to launch measures to prevent jams at harbors and border gates and coordinate with customs agencies to regulate the temporary imported goods from the temporary gates to re-export gates.
The Circular defines that goods for temporary import and re-export are under the supervision and inspection of customs agencies from the temporary gates until the goods are re-exported overseas.
The Circular will take effect since September 11, 2017.
By Thuy Dung
