Recently, the Government of Vietnam signed and issued Decree 57/2019/ND-CP stipulating the Preferential Export Tariff Schedule, Special Preferential Import Tariff Schedule of Vietnam to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership for the period 2019 - 2022.
Clause 6, Article 5 of Decree 57/2019/ND-CP stipulates that imported goods eligible for the special preferential import tax rate under the CPTPP Agreement must meet the following conditions:
Illustration (source: internet)
First, they must be listed in the Special Preferential Import Tariff or in the list of goods and special preferential import tax rates for used cars subject to tariff quotas to implement the CPTPP Agreement as stipulated in Appendix II attached to Decree 57.
Second, they must be imported into Vietnam from the CPTPP member countries, which include: Australia; Canada; Japan; United Mexican States; New Zealand; Republic of Singapore; Socialist Republic of Vietnam (Goods from non-tariff zones being imported into the domestic market).
Third, they must be transported into Vietnam from the aforementioned countries. In cases of transit, transshipment must meet the conditions for transit and transshipment as stipulated in the CPTPP Agreement, specifically:
- Goods transported to Vietnam shall retain their origin if they do not transit or transship through the territory of a non-CPTPP member country.- In cases where goods transit through the territory of one or more non-CPTPP member countries, such goods shall retain their origin if they meet the following conditions:- Not undergoing any production or processing outside the territory of the aforementioned countries, except in cases of:+ Loading, unloading, separation of the consignment, warehousing, labeling, or marking as required by Vietnam; or+ Other necessary activities to preserve the goods in good condition or to transport the goods to Vietnamese territory.- Under the supervision of customs authorities within the non-CPTPP member country territory;- Meeting the origin criteria and having certification of origin documents as stipulated by the CPTPP Agreement.
More details can be found in Decree 57/2019/ND-CP which takes effect from June 26, 2019.
Thu Ba
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