Title: Decree 126/2016/ND-CP Special Preferential import tariff schedule of Vietnam for the implementation of the ASEAN - India agreement on trade of goods period 2016 - 2018

Type: Decree

Issuing Agency: Government

Responsible Agency: Government

Issuing Date: 01-09-2016

 

Special preferential import tariff schedule

This Decree is enclosed with Vietnam’s special preferential import tariff schedule for implementing the ASEAN - India Agreement on Trade in Goods in the 2016 - 2018 period (referring to the special preferential import tariff rates below as the AIFTA tariff rates).

1. The columns “Code" and “Name and description” are established according to Vietnam’s Export and Import Classification Nomenclature and are classified by 8-digit or 10-digit codes.

2. The column “AIFTA rate (%)” specifies the tax rates (%) applying on annual basis, from September 01, 2016 to December 31, 2016 and from the 01^st of January to the 31^st of December of 2017 and 2018.

3. Mark “*” defines imports not eligible for the AIFTA rate at the corresponding time.

Eligibility for special preferential import tariff rate

To be eligible for the AIFTA rate, a good must:

1. Be defined in the special preferential import tariff schedule enclosed with this Decree.

2. Be imported into Vietnam from member states of the ASEAN - India Agreement on Trade in Goods, including:

a) Brunei Darussalam;

b) The Kingdom of Cambodia;

c) The Republic of Indonesia;

d) Laos People's Democratic Republic;

dd) Malaysia;

e) Republic of the Union of Myanmar;

g) The Republic of the Philippines;

h) The Republic of Singapore;

i) The Kindom of Thailand;

k) The Republic of India;

l) Socialist Republic of Vietnam (goods imported from free trade zones to the domestic market).

3. Be transported directly from exporting countries specified in clause 2 of this Article into Vietnam, according to the regulations of the Ministry of Industry and Trade.

4. Adhere to the rules of origin for goods in the ASEAN - India Agreement on Trade in goods and possess a Certificate of origin (C/O) Form AI provided for by the Ministry of Industry and Trade

Effect

1. This Decree comes into force from September 01, 2016.

2. The Circular No. 169/2014/TT-BTC dated November 14, 2014 by the Minister of Finance on the promulgation of Vietnam’s special preferential import tariff schedule for implementing the ASEAN - India Agreement on Trade in goods in 2015 - 2018 period shall be annulled by the effect of this Decree.

 SPECIAL PREFERENTIAL IMPORT TARIFF SCHEDULE OF VIETNAM FOR THE IMPLEMENTATION OF THE ASEAN - INDIA AGREEMENT ON TRADE IN GOODS IN THE 2016 - 2018 PERIOD

Part 1, Part 2, Part 3

 

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