Circular Issued on Preferential ASEAN Import Tariff

June 23, 2013 Posted by Vietnam Briefing Reading Time: 2 minutes

IMPORT AND EXPORT ISSUES

Circular No.161/2011/TT-BTC dated November 17, 2011 issued by The Ministry of Finance guiding preferential import tariff of Vietnam to implement the ASEAN Goods Trade Agreement in the period 2012-2014.The Vietnam’s special preferential import tariff to implement the ASEAN Goods Trade Agreement in the period 2012-2014 is issued with this Circular. The applicable tax rate is abbreviated as ATIGA rate. In which:

The column “Code of goods” and “Description of goods” are built based on AHTN 2012 and categorized in the 8-digit level.
The column “ATIGA tax rate (%)”, the tax rate applied for each year will apply from January 01 to the end December 31 of that year, beginning from 2012 until 2014.
The imported goods must satisfy the following conditions to be able to apply ATIGA tax rate:
Under the special preferential import tariff issued together with this Circular
Imported from the ASEAN member countries into Vietnam, including the following countries.
State of Brunei Da-ru-sa-lam
Kingdom of Cambodia
The Republic of Indonesia
The Democratic Republic of Laos
Federation of Malaysia
The Union of Myanmar
Republic of the Philippines
The Republic of Singapore
The Kingdom of Thailand
The Socialist Republic of Viet Nam (goods from the non-duty region imported into the domestic market)
Being transported directly from exporting countries which are ASEAN members defined above, to Vietnam, as prescribed by the Ministry of Industry and Trade.
Satisfying the regulation on the origin of goods on ASEAN Goods Trade Agreement; having the certificate of origin of ASEAN goods form D (abbreviated as C/O form D) as prescribed by the Ministry of Industry and Trade.

The Circular takes effect from January 1^st, 2012.

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