The Ministry of Finance will issue a new decision to replace an exisiting decision to increase the tax exemption level for cross-border goods. Under the new decision, the tax exemption level applied for one person when carrying goods across the border will rise to 2 million VND per day, replacing the old level of 500,000 VND.
The Ministry of Finance will issue a new decision to replace an exisiting decision to increase the tax exemption level for cross-border goods.
Under the new decision, the tax exemption level applied for one person when carrying goods across the border will rise to 2 million VND per day, replacing the old level of 500,000 VND.
The new level will also be applied for all Vietnamese citizens, not just people living in border areas as in the old decision.
The increase aims to help businesses in border areas boost trade activities and form a better commodity distribution system.
According to the Ministry of Trade, the old decision No. 252/2003/
(Source: VNA)
