Procedures for application of preferential export tariff rates of Vietnam under EVFTA

Recently, this is the content attracting attention in the Draft Decree on Preferential Export Tariff Schedule and Special Preferential Import Tariff Schedule of Vietnam under EU-Vietnam Free Trade Agreement in the 2020 - 2022 period.

Procedures for application of preferential export tariff rates are stipulated in the Draft Decree on Preferential Export Tariff Schedule and Special Preferential Import Tariff Schedule of Vietnam under EU-Vietnam Free Trade Agreement in the 2020 - 2022 period, as follows:

Thủ tục áp dụng thuế suất thuế xuất khẩu, Dự thảo nghị định

Procedures for application of preferential export tariff rates of Vietnam under EVFTA (illustrative image)

+ At the time of customs procedure, the customs declarant shall declare the export declaration, apply the export tax rate, calculate tax, and pay taxes according to the Export Tariff provided in the List of taxable items in Decree 125/2017/ND-CP dated November 16, 2017, of the Government of Vietnam amending and supplementing some articles of Decree 122/2016/ND-CP dated September 01, 2016, of the Government of Vietnam on Export Tariff, Preferential Import Tariff, List of commodities and absolute tax rates, mixed tax, import taxes outside the quota and revising documents (if any);

+ Within 01 year from the date of export declaration registration, the customs declarant shall submit all documents proving that the goods meet the stipulated conditions (01 copy) and make supplementary declarations to apply the preferential export tax rate under the EVFTA. If the above 01-year period expires, the exported goods shall not be subject to the preferential export tax rate under the EVFTA;

+ The customs authority shall examine the dossier, check the preferential export tax rate under the Preferential Export Tariff prescribed in Appendix I issued together with this Decree. If the exported goods meet all the stipulated conditions, the preferential export tax rate under the EVFTA shall be applied, and handle the excess tax paid to the customs declarant according to the regulations of the tax management law.

More details can be found in the Draft Decree on Preferential Export Tariff Schedule and Special Preferential Import Tariff Schedule of Vietnam under EU-Vietnam Free Trade Agreement in the 2020 - 2022 period.

Long Binh

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem



  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
    E-mail: info@lawnet.vn
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;