Guidelines for the application of ordinary rates to imported goods in Vietnam

Guidelines for the application of ordinary rates to imported goods in Vietnam

According to Decision 15/2023/QD-TTg, the application of ordinary rates to imported goods is implemented as follows:

- The ordinary import tax rate schedule for imported goods promulgated together with Decision 15/2023/QD-TTg includes:

+ The list (commodity description and 08-digit code) of the items with the preferential import tax rate of 0% specified in Section I, Section II, Appendix II of Decree 26/2023/ND-CP on Export Tariff, Preferential Import Tariff, List of goods and absolute tax rates, mixed tax, and Import Tax Outside the Tariff Quota

+ The ordinary rates prescribed for each item in the Tariff of ordinary import tax rates for imported goods are specified in the Appendix issued together with Decision 15/2023/QD-TTg.

- Imported goods not on the List of the ordinary import tax rates in the Appendix issued together with Decision 15/2023/QD-TTg and not in the case of imported goods subject to preferential rates or special preferential rates as prescribed at Points a and b, Clause 3, Article 5 of the Law on Import Tax and Export Tax 2016, then:

Apply the ordinary rate equal to 150% of the preferential import tax rate of each respective item specified in Appendix II of Decree 26/2023/ND-CP.

**The ordinary rate applies to imported goods that do not fall into the cases specified at Points a and b, Clause 3, Article 3 of the Law on Import Tax and Export Tax 2016.

The ordinary rate is set at 150% of the preferential rate of each respective item.

In case the preferential rate is 0%, the Prime Minister shall base on the provisions of Article 10 of the Law on Import Tax and Export Tax 2016 to decide the application of the ordinary rate.

Decision 15/2023/QD-TTg takes effect from 15/7/2023 and annuls Decision 36/2016/QD-TTg; Decision 45/2017/QD-TTg; Decision 28/2019/QD-TTg.

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