Closing of Cau Treo Border Gate Economic Zone Customs Branch
The Ministry of Finance has just issued a decision to dissolve the Customs Branch of Cau Treo Border Gate Economic Zone, Ha Tinh from June 1, 2018.
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| Cau Treo border gate economic zone (Ha Tinh). Photo: VTV.vn |
The reason for the dissolution is that Cau Treo Border Gate Economic Zone no longer meets the conditions to enjoy preferential treatment in the duty-free zone, and is no longer entitled to tax policies on goods and services after the 2016 Law on Export and Import Taxes takes effect... This bustling economic zone has fallen into a state of disrepair, the workload here is almost gone, so it is not necessary to maintain the operation of the Cau Treo Border Gate Economic Zone Customs Branch.
The Ministry of Finance assigned the General Department of Customs to direct the implementation of the handover of facilities, assign customs management units in the area and arrange personnel to ensure compliance with regulations.
