Vietnam Cassava Association proposes to remove difficulties because of tax regulations

Vietnam Cassava Association If the problems are not resolved in time, it will greatly affect the billion-dollar crop production chain, as well as other industries with border exports similar to the cassava industry.

According to the General Department of Taxation, the verification results of the partners of cassava exporters in Vietnam show that many Chinese enterprises do not operate and do not import cassava products from Vietnam.

Cassava exporters will face difficulties if they do not receive VAT refund. Illustration – Photo: VNA

On that basis, the General Department of Taxation has directed local tax departments to stop tax refund and arrears v.a.t tax of cassava exporters. However, according to the Cassava Association, the current law for value-added tax refund does not stipulate that tax refund records must be certified by foreign customers to be eligible for tax refund.

The Vietnam Cassava Association recommends and considers the implementation of tax refund based on Vietnamese laws and actual records of enterprises to ensure objectivity and fairness.

In recent years, the export turnover of cassava and cassava products has reached US$1.35 billion/year, ranking second in the world after Thailand.

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