Summary of Bonded Hoarding Provisions

Summary of Bonded Hoarding Provisions

FACILITIES

  • Suspension of import duties, taxes not collected
  • Guarded by B.C. officials, treated as customs areas
  • Entry permit from TPS: SPPB BC 2.3 (green/yellow service category), SPPB BC 2.3 Red (red service category)
  • SKA is recognized, the requirement for submission is a maximum of 3 working days from SPPB / 5 working days if MITA / AEO

 

DOCUMENT

  • BC 2.3 : from TPS to TPB, dr FTZ : BC 2.3 + PP FTZ 02
  • BC 2.5 : imports used from TPB to TLDDP (including to KITE)
  • BC 2.6.1 : from KB to TLDDP with collateral (subcontracting, borrowing, repair)
  • BC 2.6.2 : from TLDDP to KB upon completion of subcontracting, lending, repair
  • BC 2.7 : between SDGs, to FTZ : BC 2.7 + PP FTZ 02
  • BC 4.0 : TLDDP to Bonded, BC 4.1 : Bonded to TLDDP

 

BONDED WAREHOUSE

  • Only hoarding imported goods, not allowed to hoard TLDDP goods
  • Simple workmanship
  • 3 types: GB supporting industry in the country (KB / non KB), GB transit LDP, GB distribution TBB
  • Monthly report, enumeration at least once a year
  • Sales to TLDDP are not restricted
  • Sell local : customs value when goods are stockpiled, tariff at registration BC 2.5
  • Lartas is already in effect

 

BONDED AREA

  • Production and incorporation objectives for export
  • Sales to TLDDP are limited to a maximum of 50% of export realization, handover to KB, to FTZ to other economic zones the previous yearà
  • Temporary expenses and subcontracting are the longest according to the term of the contract
  • Sell locally produced products:
  • If there is a transaction when stockpiled: customs value of selling price when BC 2.5, BM load when BC 2.5, PDRI according to the selling price and tariff at the time of issuance of goods to TLDDP
  • If there is already a transaction when stockpiled and has a raw material conversion) : customs value and classification when BC 2.3, BM load when BC 2.5, import value for PDRI when BC 2.3 and tariff when BC 2.5
  • the tariff load is chosen which is lower between raw materials and brg so at registration BC 2.5
  • Prohibition of subcontracting if only initial/final/sorting work
  • Lartas is not yet in effect

 

TBB (Duty Free Shop)

  • At international airports/ports and in the middle of the city (down town)
  • Goods can come from imports or TLDDP
  • Buyers at the free terminal (any passengers going out of the country/transit)
  • Buyers in down town are free of import duties, taxes, and excise duties when: representative officials of foreign countries, officials of international institutions, foreigners who will leave the customs area
  • Non-representative purchases
  • For passengers, purchase in TBB down town, handover at TBB airport

 

TPPB (Bonded Exhibition Venue)

  • International exhibitions
  • Goods can be from import or TLDDP
  • Groups of goods of groups A to G
  • Can be sold (goal G) by paying import duties (use BC 2.5)
  • 30 days after the exhibition must have been re-exported / from KB hrs have entered KB, passed subject to a 100% fine

 

TLB (Bonded Auction Venue)

  • Goods can be imported or local products
  • Those who sell well at auction pay import duties before exiting to the TLDDP

 

KDUB (Bonded Recycling Area)

  • Stockpiled max 3 months hrs processed, if not necessarily re-exported
  • Environmentally friendly waste can be hoarded
  • No B3 waste, household waste

 

PLB (Bonded Logistics Center)

  • Hoarding of goods for imports is used with the suspension of import duties
  • Can stockpile goods from TLDDP
  • Can be done simple work (such as GB)
  • Maximum period of 3 years from the date of hoarding
  • Income from customs area dg BC 1.6
  • Imports are used to TLDDP dg BC 2.8, customs value and tariff when made BC 2.8
  • To another TPB dg BC 2.7
  • Lartas is not yet in effect
  • Can for temporary ex import returns

 

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