Tags: hs code

COVID-19: 30 medical equipment manufacturers fined

COVID-19: 30 medical equipment manufacturers fined

As many as 30 medical equipment manufacturers were fined nearly 65 million VND (2,800 USD) for violations in trading medical supplies serving the fight against the novel coronoavirus disease (COVID-19) on February 15.

MoIT makes out case for crypto mining

MoIT makes out case for crypto mining

The Ministry of Industry and Trade (MoIT) has proposed not to suspend the imports of cryptocurrency mining machines (HS code 8471.80.90) in order to ensure the production and business activities of enterprises.

LCD tax loophole found, with big losses

LCD tax loophole found, with big losses

Local customs departments will have to tighten their inspection of LCD product codes to avoid tax losses, as electronics firms have recently been tagged with tax arrears of VND481.68 billion (US$21.89 million) due to incorrect declarations of tax codes.