Companies importing such materials are required to submit finalization reports on Form 15/BCQT-NVL-GSQL under Article 60 of Circular 38/2015/TT-BTC. The reports are based on the figures in accounts code 152 (raw material) and 155 (finished goods). The timeline for the submission is now 90 days from the company’s financial year end. However, the requirement was previously not applied under Official Letter 12160/BTC-TCHQ dated 2 November 2015. OL 8537 took effect on 5 September 2016, so companies will likely need to submit finalization reports for financial year 2016. Please contact us if you need further information on this.