Tax treatments of scrap, raw materials, and other supplies under toll manufacturing contracts

28 November, 2017

On 26 October, the Ministry of Finance issued Official letter 14475/BTC-TCHQ re. the tax treatment of scrap, raw materials, and other supplies for toll manufacturing contracts.

Scrap, imported raw materials, and other supplies not exceeding 3% of the total quantity imported under toll manufacturing contracts are entitled to import duty exemption when sold domestically. 

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Get in touch

Richard J. Irwin
Chairman/Partner, Tax Services, PwC Vietnam
Tel: +84 28 3823 0796

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