03 eligibility requirements for application of preferential export tariff rates under EVFTA in Vietnam

13:49, 23/09/2020

This is notable content in Decree 111/2020/ND-CP on Preferential Export Tariff Schedule and Special Preferential Import Tariff Schedule of Vietnam under EU-Vietnam Free Trade Agreement in the 2020 - 2022 period

Decree 111/2020/ND-CP stipulates that goods exported from Vietnam will be eligible for preferential export tariff rates under EVFTA in Vietnam if:

* They are imported into the territories under the EVFTA, namely:

- Members of European Union prescribed in Appendix III hereto appended;

- United Kingdom and Northern Ireland.

* There are transport documents (copies) with the destination in the territories specified in the EVFTA; and

* There are import customs declarations proving that the goods exported from Vietnam are imported into the territories specified in the EVFTA (photocopies and translations in English or Vietnamese in case the language on the declaration is not in English).

More details can be found in Decree 111/2020/ND-CP which comes into force from September 18, 2020.

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