What is the import and export tariff schedule of Vietnam in 2024? Which goods are subject to export duties?

What is the import and export tariff schedule of Vietnam in 2024?

The 2024 tariff schedules related to export and import goods are as follows:

- Regular import tariffs, preferential import tariffs;

- 16 special preferential import tariffs (ACFTA, ATIGA, AJCEP, VJEPA, AKFTA, AANZFTA, AIFTA, VKFTA, VCFTA, VN-EAEU, CPTPP, AHKFTA, VNCU, EVFTA, UKVFTA, RCEPT);

- Export and preferential import tariffs under CPTPP, preferential export tariffs under EVFTA, preferential export tariffs under UKVFTA;

- Value Added Tax Tariff (updated according to Decree 94/2023/ND-CP);

- Special Consumption Tax Tariff, Environmental Protection Tax Tariff (A total of 25 tariffs)

Import and Export Tariff Schedule of Vietnam in 2024? ....download

Import and Export Tariff Schedule of Vietnam in 2024? Which goods are subject to export duties in Vietnam? (Image from the Internet)

Which goods are subject to export duties in Vietnam?

According to Article 2 of the export and import duties Law 2016, the subjects of export duty include:

- Goods exported through Vietnamese border gates, borders.

- Goods exported from the domestic market into non-tariff zones.

- Goods exported on the spot and goods exported by enterprises exercising export rights, distribution rights.

- The subject of export duty does not apply to the following cases:

+ Transit, transshipment, and transferred goods;

+ Humanitarian aid goods, non-refundable aid goods;

+ Goods exported from non-tariff zones to abroad; goods transferred from one non-tariff zone to another;

+ The portion of petroleum used to pay resource duties to the State when exported.

What are the conditions for tax exemption on the luggage of outbound and inbound passengers in Vietnam?

Pursuant to Clause 1 Article 6 of Decree 134/2016/ND-CP providing guidelines on export and import duties, specific regulations are as follows:

Tax exemption for the luggage of outbound, inbound passengers

1. A passenger entering Vietnam holding a passport or documents replacing a passport (excluding laissez-passers for exit and entry) issued by a competent authority of Vietnam or a foreign country, with personal luggage brought along, luggage sent before or after the trip is entitled to import duty exemption for each entry according to the allowance as follows:

a) Spirits of 20 degrees or more: 1.5 liters or spirits of less than 20 degrees: 2.0 liters or alcoholic beverages, beer: 3.0 liters.

For spirits, if the entering passenger carries a bottle, jar, flask, or can (hereinafter referred to as a bottle) with a capacity larger than the prescribed capacity but not exceeding 01 liter, the whole bottle is tax-exempt. If it exceeds 01 liter, the excess amount shall be taxed according to the law;

b) Cigarettes: 200 sticks or tobacco: 250 grams or cigars: 20 sticks;

c) Personal items in quantities and types suitable for the purpose of the trip;

d) Other items not specified in points a, b, and c of this clause (not listed in the List of goods prohibited from import, temporarily suspended from import, or conditionally imported) with a total customs value not exceeding 10,000,000 Vietnamese dong;

In case of exceeding the tax-free allowance, the entering passenger can select items for tax exemption if the luggage includes multiple items.

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Thus, the condition for tax exemption for medicines when exiting or entering is to enter with a passport or documents replacing a passport (excluding laissez-passers for exit and entry) issued by competent authorities of Vietnam or foreign countries.

What are cases where export and import duties are exempt in Vietnam?

According to the regulations in Clause 4 Article 2 of the export and import duties Law 2016, the four specific cases where export and import duties are exempt are as follows:

[1] Transit, transshipment, and transferred goods;

[2] Humanitarian aid goods, non-refundable aid goods;

[3] Goods exported from non-tariff zones to abroad; goods imported from abroad into non-tariff zones and used only within non-tariff zones; goods transferred from one non-tariff zone to another;

[4] The portion of petroleum used to pay resource duties to the State when exported.

When is the tax time for export and import duties in Vietnam?

According to Clause 2 Article 8 of the export and import duties Law 2016, specific regulations are as follows:

- The tax time for export and import duties is the time of customs declaration registration.

- For export and import goods subject to non-taxable, tax-exempt, or applied to tariff quotas with modified tax-free, tax-exempt, or tariff quota applications according to law, the tax time is the time of new customs declaration registration.

- The time of customs declaration registration is implemented according to the law on customs.

How to determine the sub-item codes for export duty in Vietnam?

According to Point b Clause 1 Article 4 of Circular 324/2016/TT-BTC, a sub-item (also known as an economic content code - NDKT) is a detailed classification of an item, used to categorize state budget revenues and expenditures in detail according to management subjects within each item.

View the entire code list in detail: Download