Vietnam: Which cases shall be considered as consigned directly from the exporting Party?

10:35, 03/08/2019

This is an important content mentioned 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.

According to Vietnam’s current regulations, preferential tariff treatment shall be applied to goods satisfying the requirements of Circular No. 12/2019/TT-BCT and which are consigned directly between the exporting Party and the importing Party.

van chuyen, nuoc thanh vien xuat khau, nhap khau, uu dai thue quan

Specifically, the following shall be considered as consigned directly from the exporting Party to the importing Party:

- goods transported directly from an exporting Party to the importing Party; or

- goods transported through one or more Parties, other than the exporting Party and the importing Party, or through a non-Party, provided that:

+ the transit entry is justified for geographical reason or by consideration related exclusively to transport requirements;

+ the goods have not entered into trade or consumption there; and

+ the goods have not undergone any operation there other than unloading and reloading or any operation required to keep it in good condition.

Relevant provisions 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.

Thu Ba

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