VAT refund still unreachable to many foreigners Travel and Tour News , Travel and Tour News Vietnam, Vietnam Travel Reviews and News, VAT refund still unreachable to many foreigners
VAT refund still unreachable to many foreigners Tour prices seen stable in upcoming national holiday Gorgeous Con Dao Island offers self-evident pleasures Viet Nam promotes tourism in UK
You are reading "VAT refund still unreachable to many foreigners",  Travel and Tour News, Travel and Tour News Vietnam, Vietnam Travel Reviews and News, "VAT refund still unreachable to many foreigners"
  • Vietnam Travel
  • Cambodia Travel
  • Laos Travel
  • Vietnam Budget Hotels
  • Cambodia Hotels
  • Laos Budget Hotels
  • Cheap Tickets
  • Useful to Backpackers
  • Where to Go?
  • Terms & Conditions
  • Contact Budget Tour
  • Travel and Tour News
  • - Vietnam Travel News
    - Cambodia Travel News
    - Laos Travel News
     Halong Tours & Junk
    VAT refund still unreachable to many foreigners

    The number of VAT refund cases remains small one month implementing the pilot program that will run until June 30, 2014, said the customs agency.

    The programme regulates that foreigners will be reimbursed 85 percent of VAT that had been taxed from goods they purchased and are carrying with them on leaving the immigration gate.

    The customs agency said it may be due to the lack of information presented in Vietnamese about the list of accredited businesses that are licensed to join the program and explanations on necessary paperwork for the customers, let alone the manual method deployed in the reimbursement procedure stage.

    It’s known that there are presently 30 companies that registered sales, mostly of imported fashion items such as clothes, bags and shoes.

    Earlier, under Decision No. 1214/QD-TCHQ issued by the General Customs Department, as of July 1 foreigners who leave the country through the two major airports, Tan Son Nhat in HCMC and Noi Bai in Hanoi, were eligible to be reimbursed 85 per cent of VAT that had been taxed from goods they purchased, while the remaining 15 per cent denotes bank fees.

    This fulfills a decree issued by the Ministry of Finance in April stipulating that, in order to qualify for the 10 per cent VAT refund, foreigners must present receipts worth at least VND2 million ($100) a piece.

    Also, according to the Ministry of Finance, foreigners and overseas Vietnamese are both eligible for VAT refunds on purchases in local accredited stores with the “VAT Refund for Tourist” logo.

    Nevertheless, those who are working for airlines are excluded from the refund scheme.

    Furthermore, the duration of stay by foreigners eligible to claim the refund is unclear.

    Most ASEAN countries allow tourists to reclaim the VAT paid on goods.

    Print this article: VAT refund still unreachable to many foreigners Travel and Tour News Vietnam Travel Reviews and News, VAT refund still unreachable to many foreigners Print Send this article to your friendsm VAT refund still unreachable to many foreigners  Travel and Tour NewsVietnam Travel Reviews and News, VAT refund still unreachable to many foreigners Suggest to friends Back to the previous page you have visited, VAT refund still unreachable to many foreigners Travel and Tour News Vietnam Travel Reviews and News, VAT refund still unreachable to many foreigners Go back

    See more, related to

     

    | Laos Budget Tour |

    | Cambodia Budget Tour |

     
    Travel and Tour News
    VAT refund still unreachable to many foreigners
    Tour prices seen stable in upcoming national holiday
    Gorgeous Con Dao Island offers self-evident pleasures
    Viet Nam promotes tourism in UK
    Lao artists to give performance in Vietnam
    Over 1.8 million foreign tourists visit HCMC
    Photography camp opens in northern region
    Thanh Hoa province is correct in ethnic cultural preservation and promotion
    The first international hot air-balloon festival Viet Nam - Binh Thuan
     Weather Check
    CUSTOMIZE TOUR Contact travel advisors for your customized budget tours. The tours shown on our website are our suggested itineraries only, and can readily be modified to suit your requirements!
    info@vietnambudgettour.com
    Address: 18/32 Chua Ha Street, Hanoi
    Tel: (+84-4) 37678655- Fax: (+84-4) 37678657
     

     
    © Copyright 2003-2013 Vietnam Budget Tour: Travel wisely with Vietnam Online Travel Guide. All rights reserved
    Email:info@vietnambudgettour.com
    Operation Office: 18 ngo 32, Chua Ha St., Cau Giay Dist., Hanoi, Vietnam.
    Tel: (+84-4) 37678655- Fax: (+84-4) 37678657

    Bookings made on Budget Tour, acceptance to terms on First Choice Vietnam Travel Agency and Red Dragon Junk
    Vietnam Budget Tour: Backpackers Travel To Vietnam |