What is Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in 2022 - 2027?
- What is Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in the 2022 - 2027?
- What are the conditions for claiming Vietnam’s special preferential import tariff rates?
- What is the period to apply the tariff rates in column 2023 in Appendix II issued together with Decree 116/2022/ND-CP?
What is Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in the 2022 - 2027?
Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in the 2022 - 2027 period is provided in Annex II enclosed herewith, including codes, description of goods imported from the territories specified in Point b Clause 3 Article 5 of Decree 116/2022/ND-CP, and their special preferential import tariff rates applied in different periods.. Below is Vietnam's preferential import tariff schedule for the implementation of the EVFTA Agreement for the period of 2022 - 2027, specifically:
Download Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in the 2022 - 2027: Click here.
What is Vietnam’s special preferential import tariff schedule for implementation of EVFTA Agreement in the 2022 - 2027? (Image from the Internet)
What are the conditions for claiming Vietnam’s special preferential import tariff rates?
Pursuant to Clause 3, Article 5 of Decree 116/2022/ND-CP stipulates as follows:
Conditions for claiming Vietnam’s special preferential import tariff rates
1. Symbol “*”: Imports are not eligible for special preferential import tariff rates under the EVFTA Agreement.
2. With regard to imports subject to tariff-rate quotas, including goods of headings 04.07, 17.01, 24.01, 25.01, the in-quota special preferential import tariff rates are the tariff rates specified in Annex II enclosed herewith. The list of goods and annual import quotas are stipulated by the Ministry of Industry and Trade of Vietnam and the out-of-quota tariff rates shall be applied in accordance with Government’s regulations on preferential export tariff schedule, special preferential import tariff schedule, list of commodities and their specific tariffs, compound tariffs, and out-of-quota import tariff rates in force at the time of importation.
3. Conditions for claiming special preferential import tariff rates under EVFTA Agreement
Imports shall be eligible for the special preferential import tariff rates under EVFTA Agreement if:
a) They are included in the special preferential import tariff schedule in Annex II enclosed herewith.
b) They are imported to Vietnam from:
- The territory of an EU member state as prescribed in Annex III enclosed herewith;
- The Principality of Andorra; Republic of San Marino; and
- The territory of Ceuta and Melilla.
c) They meet requirements pertaining to origin of goods and are supported by proofs of origin as provided for in the EVFTA Agreement.
Thus, according to the above regulations, Imports shall be eligible for the special preferential import tariff rates under EVFTA Agreement if:
- They are included in the special preferential import tariff schedule in Annex II enclosed herewith.
- They are imported to Vietnam from:
+ The territory of an EU member state as prescribed in Annex III enclosed herewith;
+ The Principality of Andorra; Republic of San Marino; and
+ The territory of Ceuta and Melilla.
- They meet requirements pertaining to origin of goods and are supported by proofs of origin as provided for in the EVFTA Agreement.
What is the period to apply the tariff rates in column 2023 in Appendix II issued together with Decree 116/2022/ND-CP?
Pursuant to Clause 4, Article 3 of Decree 116/2022/ND-CP stipulates as follows:
Vietnam’s preferential export tariff schedule and special preferential import tariff schedule in the 2022 - 2027 period
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4. The column “Tariff rate (%)” in Annex I and Annex II includes the tariff rates applied in different periods, including:
a) Column “2022”: the tariff rates in this column apply from December 30, 2022 to December 31, 2022 inclusively;
b) Column “2023”: the tariff rates in this column apply from January 01, 2023 to December 31, 2023 inclusively;
b) Column “2024”: the tariff rates in this column apply from January 01, 2024 to December 31, 2024 inclusively;
d) Column “2025”: the tariff rates in this column apply from January 01, 2025 to December 31, 2025 inclusively;
dd) Column “2026”: the tariff rates in this column apply from January 01, 2026 to December 31, 2026 inclusively;
e) Column “2027”: the tariff rates in this column apply from January 01, 2027 to December 31, 2027 inclusively.
Thus, according to the provisions on column "2023" in Appendix II issued together with Decree 116/2022/ND-CP, the tariff rates in this column apply from January 01, 2023 to December 31, 2023 inclusively.
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