This content is specified in Circular No. 12/2019/TT-BCT of the Ministry of Industry and Trade of Vietnam prescribing the rules of origin in the Framework Agreement on Comprehensive Economic Co-Operation between the Association of South East Asian Nations and the People’s Republic of China.
Specifically, products sent from an exporting Party for exhibition in another Party and sold during or after the exhibition into a Party shall benefit from the ACFTA preferential treatment on the condition that the products meet the requirements of the Rules of Origin for the ACFTA provided it is shown to the satisfaction of the customs authority of the importing Party that:
- An exporter has dispatched those products from the territory of the exporting Party to another Party where the exhibition is held and has exhibited them there;
- The exporter has sold the products or transferred them to a consignee in the importing Party; and
- The products have been consigned during the exhibition or immediately thereafter to the importing Party in the state in which they were sent for exhibition.
Note: The above provisions shall apply to any trade, agricultural or crafts exhibition, fair or similar show or display in shops or business premises with the view to the sale of foreign products and where the products remain under customs control during the exhibition.
More details can be found in Circular No. 12/2019/TT-BCT of the Ministry of Industry and Trade of Vietnam, which takes effect from September 12, 2019.
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