Temporary import and re-export of frozen food must deposit 10 billion VND

From February 20, for frozen food products, enterprises trading in temporary import and re-export must be established for at least 2 years, have had export, import or temporary import and re-export activities, and have a deposit of 10 billion VND.

For goods subject to special consumption tax or used goods, enterprises must deposit 7 billion VND. This is one of the contents of Circular No. 05/2014/TT-BCT issued by the Ministry of Finance to replace previous related regulations.

The Circular also specifies the documents and procedures for granting temporary import and re-export business code certificates to enterprises that meet the above conditions. Enterprises that have been granted temporary import and re-export business code certificates by the Ministry of Industry and Trade according to previous regulations may continue to conduct business within 90 days from the effective date of this Circular.

According to Thanhnien