What are the conditions that need to be met for customs declaration in the Ho Chi Minh Port Cargo Transit Bonded Zone
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1. What is a bonded zone?
1. An area that allows foreign goods to be stored for a long time without going through import and export procedures.
2. Foreign imported goods can be kept in the bonded warehouse for a long time, and can be stored, classified, exhibited, labeled and other operations according to demand.
3. Foreign imported goods can be stored in the bonded area without paying import tax, and can be freely imported and exported.
4. If the goods stored in the bonded area are to be imported, they need to pay taxes.
2. Definition of Bonded Zone:
Also known as bonded warehouse area, this is an area set up by a country's customs or approved and registered by the customs, subject to customs supervision and management, which can store goods for a long time. It is an economic zone established with the approval of the first and implemented by the customs under special supervision.
Main functions: 1) Bonded warehousing.
2) Export processing.
3) Re-export**.
4) Exhibitions. 3. Definition of bonded logistics park:
A special customs supervision area established in the planned area of the bonded area or in a specific port area adjacent to the bonded zone, which specializes in the development of modern international logistics industry. It integrates the bonded warehousing function of the bonded area with the loading and unloading and transportation functions of the adjacent ports, realizes the integrated operation of the bonded area and the port, focuses on the development of warehousing and logistics industry, and endows it with four major functions: international transit, international distribution, international procurement center and international re-export. The establishment of bonded logistics parks and the realization of regional and port linkage are of great strategic significance to promote the linkage development of the international port and shipping industry and the modern logistics industry and improve the international competitiveness of logistics enterprises.
Main functions: 1) storage of import and export goods and other goods that have not completed customs procedures;
2) Carry out simple processing and value-added services for the stored goods;
3) International re-exports**;
4) International procurement, distribution and distribution;
5) International transit;
6) Inspection and maintenance;
7) Product display;
8) Other international logistics business approved by the customs;
9) Commercial retail, processing and manufacturing, refurbishment, dismantling and other businesses unrelated to the park shall not be carried out in the zone.