Temporary import and re-export of frozen food must be deposited

Traders who temporarily import and re-export frozen food products must deposit 5 billion VND at the State Treasury of the province or city where the trader is granted a Business Registration Certificate.

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That is the regulation stated in the draft Circular regulating the temporary import, re-export, transit and bonded warehouse storage of certain types of goods. This draft was announced by the Ministry of Industry and Trade to solicit public opinion.

According to the draft, traders doing business in temporary import and re-export of frozen food products under the license of the Ministry of Industry and Trade must have been operating in the field of exporting, importing goods or temporary import and re-export of goods for at least 2 years from the date of establishment.

For temporary import and re-export of frozen food products, the draft requires traders to have warehouses/yards to serve temporary import and re-export business.

Specifically, the warehouse and yard must have a minimum capacity of 100 40-foot refrigerated containers, with a minimum area of ​​3,000 square meters. The warehouse and yard must be separated from the outside by a hard fence, built with a minimum height of 2.5 meters; have a path for container trucks to move in and out of the warehouse and yard; have a gate and signboard of the trader using the warehouse and yard. The warehouse and yard must also have sufficient power sources (including grid power and backup generators with equivalent capacity) and specialized equipment to operate refrigerated containers, etc.

The warehouse or yard must be owned by the trader or leased by the trader for a minimum term of 3 years and must be located within the planning or within the area prescribed by the Provincial People's Committee where the re-export of frozen food takes place. The planning and the prescribed area mentioned above must be discussed and agreed upon with the Ministry of Industry and Trade,...

Temporarily imported and re-exported goods cannot be kept for more than 45 days.

This draft stipulates that containers must not be divided during the entire process of transporting goods from the temporary import gate to the area under customs supervision, the re-export location at the gate, and the customs clearance point as prescribed.

At the same time, the draft requires that temporarily imported and re-exported goods be kept in Vietnam for no more than 45 days from the date of temporary import procedures into Vietnam or the date of entry into a bonded warehouse for re-export to a third country. The customs authority shall only grant one extension of no more than 15 days.

After this period, traders are required to re-export the goods that have exceeded the prescribed period out of Vietnam within 15 days through the temporary import border gate, and are not allowed to re-export through a border gate other than the temporary import border gate. If they cannot be re-exported, they will be confiscated and handled according to regulations.

(According to Chinhphu.vn) - LT