On 22 January, the Ministry of Finance issued Circular 06/2021/TT-BTC providing implementation guidance on the
Law on tax administration no. 38/2019/QH14 (i.e. the new law on tax administration) in relation to the tax management
of exported and imported goods. Circular 06 will enter into force on 8 March.
Circular 06 sets out rules and templates for various tax related issues for exported and imported goods, including:
● Tax declaration for exported and imported goods;
● Currency of tax payment;
● Tax payment deadlines;
● Dossiers for tax exemption and tax reduction;
● Tax inspection templates.
Circular 06 also sets out rules on the treatment of late tax payments, procedures for handling overpaid taxes, tax
refunds, tax deferrals, etc.