Time limit for storing unexported raw materials for processing, manufacturing and export processing enterprises

Pursuant to the provisions inArticle 25 of Decree No. 08/2015/ND-CPJanuary 21, 2015 was amended atClause 12, Article 1, Decree No. 59/2018/ND-CPOn April 20, 2018, for goods imported for export processing but the products are not exported or the goods are surplus raw materials and supplies that the enterprise still keeps in warehouse and there is no need to change the purpose of use, the enterprisedo not have to declare customs declarationmandarinnewand pay taxes.
For surplus raw materials or non-exportable products of processing and export production, enterprises must declare on the import - export - inventory report according to the provisions ofClause 2, Article 60, Circular No. 38/2015/TT-BTC is amended and supplemented in Clause 39, Article 1, Circular No. 39/2018/TT-BTC.
For surplus raw materials and supplies, processed and exported products according to current tax lawsAre notbaglimitabout the maximum time allowed to hold inventory,no gendertermmaximum termMust declare change of purpose of use. In case the customs authority detects signs of fraud, tax evasion or other violations causing loss of revenue to the state budget, post-customs clearance inspection will be conducted to assess tax according to the provisions ofArticle 17 of Decree No. 126/2020/ND-CPOctober 19, 2020.