Tax consulting service

 Tax consulting service 

Tax consulting service means a service that supports company or businessmen to determine exactly what taxes they must pay for their imported goods, which taxes incentives are eligible, as well as necessary to carry out major inspection procedures... based on looking up the HS code.

1. Types of tax when importing goods

• Importing tax
• VAT tax
• Special consumption tax
• Environmental protection tax
• Safeguarding duties
• Anti-dumping duties

2. Who are the payers of import tax?

According to “Article 3, Law on Import Tax and Export Tax 2016” the main payers of import tax are:

• Businesses, organizations, and individuals import goods
• Organizations receiving entrustment to import goods
• Individuals with imported goods when entering or receiving goods at the Vietnamese border
• Authorized customs clearance agent to pay taxes
• Banks and credit institutions pay taxes on behalf of the company according to regulations

3. How to calculate import tax

Import tax is calculated based on the import price at the first border gate according to the following formula:

Import tax = The price of calculating import tax x Import tax rates

Inside:

• The price for calculating import tax is the import price at the border gate, the price to be paid upon arrival at the first import border gate.
• Import tax rates have different tax rates regulated.

 4. How much is the import tax?

• Preferential tax rate
• Special preferential tax rates
• Normal tax rate
• Additional tax

For different goods, there will be different tax rates, so in order to know what taxes we must pay for imported goods, we must first know the HS code of the goods.

5. Why should you choose MDCT's tax consulting service?

MDCT Logistics has many years of experience in logistics and has handled imports for a variety of items, MDCT is confident to advise the most accurate HS Code for official quota importing goods based on product information provided by clients. Therefore, we support clients: 

• Reduce time 
• Reduce mistake
• Reduce costs incurred
• Reduce employee costs