Sabimex Viet Nam Co. have some documents as follows:
(1) Export 55,000 A goods, FOB 3.5 USD/unit. VAT of raw materials produce A goods is 47 mil. VND.
(2) Trust imports a machine for MF company, CIF 12.5 mil. USD. Import tax rate 0%. Trust imports commission 3% CIF. Endow 0% VAT this machine.
(3) Import 6,500 B goods, CIF 12,500 USD. Value added tax on imports is 10%.
Sells all B goods to domestic market with exclusive of value added tax of 10% is 595 mil. VND.
Request:
1. Determining the types of tax: export tax, import tax, VAT and the taxes to be refunded. Knowing that:
- Export tax rate of A goods is 6%
- The import tax rate of B goods is 30%
- Value added tax of trust imports commission is 10%
- The import tax calculation value shall be determined according to the first method.
- Value added tax calculated by the deduction method.
- The exchange rate used for tax calculation and payment is 19,000 VND/USD
2. Assuming that during the loading process at the border gate customs, the quantity of B goods has been hit and damaged. Damaged value is 1,750 USD, has been assessed by Vinacontrol, accepted by tax authorities and allowed to reduce taxes. Sabimex still sells the whole B goods with the same turnover. Recalculate the corporate tax payable?