Fresh regulations for temporary import and re-export goods

Illustration photo

The Ministry of Industry and Trade has recently issued Circular 09/2020/TT-BCT on border gate regulations for temporary import and re-export goods. 

Especially, from January 1, 2021, temporary import and re-export goods will be subject to designed border gates as stipulated in Decree 112/2014/ND-CP, dated November 21, 2014 on the management of land border gates.

Earlier, the Government issued Decree 69/2018/ND-CP stipulating specific articles of the Law on Foreign Trade Management, regulating specifically temporary import and re-export. ​

Temporary import and re-export goods are allowed to stay in Viet Nam for no more than 60 days from the date of completion of the temporary importation formalities. In cases where it is necessary to extend the time limit, traders shall send written requests for extension to the Customs Branch which carries out the temporary import procedures; the duration of each extension not exceed 30 days and not more than 2 extensions per shipment of temporary import and re-export goods./.

By Kim Loan