Import, Export merchandises listed below shall be tax exempted
1. Goods temporarily imported for re-export or temporarily exported for re-import for participation in trade fairs, exhibitions or display; machinery, equipment and professional instruments temporarily imported for re-export or temporarily exported for re-import in service of work within a certain period of time.
2. Merchandises are movable assets by the Government Regulations.
3. Import, Export merchandises of foreign organization, individual is entitled to diplomatic privileges or immunities in Vietnam;
4. Import goods to processing for foreign parties then export or export goods to foreign parties for processing then re-import base on process contract.
5. Import or Export merchandises within the duty-free luggage quotas of persons on entry or exit base on Government Regulations.
6. Import merchandise to create Fixed asset of preference investment project, investment project funded with Official Development Assistance, including
a) Equipment, machinery
b) Transport vehicles specially use for technology line and worker transport vehicle.
c) Components, details, knocked down parts, spare parts, fittings, molds and accessories accompanying machinery, equipment and special-use means of transport defined at Points a and b of this Clause for assembly or use;
d) Raw materials and supplies used for manufacture of equipment and machinery included in technological lines or for manufacture of components, details, knocked down parts, spare parts, fittings, molds and accessories accompanying equipment and machinery defined at Point a of this Clause for assembly or use;
e) Building materials which cannot be produced at home country.
f) Merchandises are equipment import for the first time base on the Government list of investment project in hotels, offices, rental apartments, houses, shopping malls, technical services, supermarkets, golf courses, resorts, entertainment places, medical facilities, education, financial, banks, insurance, auditing, consultant services.
Exemption for import merchandises above are applied for enlargement scale project, replace, renew technology;
7. Import merchandises serve for petroleum activities, including:
a. Equipments, machinery, components, transport vehicle special use for petroleum activities;
b. Supplies necessary for petroleum activities, which cannot be produced at home.
8. Merchandises import for direct use in scientific research and technological development, including machinery, equipment, spare parts, supplies and means of transport which cannot be produced at home, technologies which cannot be created at home; scientific documents, books and newspapers and electronic scientific and technological information.
9. Supplies, raw materials, components import for producing of project listed in encourage invest list or list of specially difficult socio – economics, tax exemption last in 5 years, starting from producing day.
10. Goods produced, processed, re-processed or assembled in non-tariff zones without the use of raw materials and accessories imported from foreign countries, when being imported into the domestic market, shall be exempt from import tax; for cases of using raw materials and accessories imported from foreign countries, when goods are imported into the domestic market, only import tax on imported raw materials and supplies constituting these goods must be paid.
11. Other specific cases are decided by the Prime Minister.