Vietnam's Preferential Import-Export Tariffs For Implementing EVFTA

24/09/2020, 05:57 AM

The preferential export tariff specified in Appendix I to this Decree includes product code, description of goods, and preferential export tax rates for different stages when exporting to a territory as prescribed in the Agreement. EVFTA, including: European Union member territories; United Kingdom of Great Britain and Northern Ireland for each model.

The Decree specifies conditions for applying preferential export tax rates under the EVFTA Agreement. Accordingly, goods exported from Vietnam are subject to preferential export tax rates as prescribed, must satisfy the following conditions:

  1. To be imported into the territories under the EVFTA Agreement, including: Member Territory of the European Union, United Kingdom of Great Britain and Northern Ireland.
  2. There is a transport document (copy) showing the destination is the territories specified in (a) above.
  3. There is the import customs declaration of the export consignment of Vietnamese origin imported into the territories specified in (a) above (copy and English or Vietnamese translation in case of historical language). The declaration is in English).

Vietnam's special preferential import tariffs for the implementation of the EVFTA Agreement

Vietnam's special preferential import tariff for the implementation of the EVFTA Agreement is specified in Appendix II to this Decree, including product code, description, and special preferential import tax rates. The stages are imported from the European Union member territories; United Kingdom of Great Britain and Northern Ireland; The Principality of Ando; The Republic of San Mary and the Socialist Republic of Vietnam for each product code.

Imported goods eligible for special preferential import tax rates under the EVFTA Agreement must meet the following conditions:

  1. Belonging to the Special Preferential Import Tariff in accordance with the provisions in Appendix II to this Decree.
  2. To be imported into Vietnam from: The member territories of the European Union are provided in Appendix III to the Decree;
  3. Meet the regulations on origin of goods and have proof of origin of goods under the provisions of the EVFTA Agreement.

Source: Bao Chinh Phu

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