Imported goods for COVID-19 prevention exempted from import tax, VAT
VGP – Goods imported by Vietnamese individuals and organizations to aid the Government in combating COVID-19 shall not be liable to import duty and value-added tax.
This is part of the Government’s Resolution No. 106 on import tariff policy applicable to imported goods for COVID-19 fight purposes.
The aforesaid policy shall take effect until the COVID-19 pandemic is declared over by State competent agency.
Under current regulations, humanitarian aid and non-refundable aid are also exempted from import duty and value-added tax.
Earlier in February 2020, the Minister of Finance has issued a decision announcing the list of medical supplies enjoying tax exemption serving for COVID-19 prevention and control.
These medical supplies include medical masks, antiseptic dry hand sanitizer, raw materials for manufacturing medical masks (including non-woven fabrics, antibacterial filters, elastic bands, nasal splint strips), antiseptic water, epidemic prevention suits (including clothing, glasses, helmets, shoes, gloves, medical masks) and other necessary medical supplies.
As of September 10, Viet Nam confirmed 598,417 COVID-19 infection cases, 585,051 of whom were documented since April 27 when the fourth wave of coronavirus resurgence began in Viet Nam.
The number of recoveries and fatalities were 350,921 and 14,745, respectively./.
By Thuy Dung
