Import Tariff Quota on Raw Tobacco from 2020-2038

Nguyen Trinh

14:02, 10/07/2024

Circular 03/2020/TT-BCT stipulates the import of raw tobacco according to the tariff rate quota committed in the CPTPP Agreement, issued by the Ministry of Industry and Trade on January 22, 2020.

The import tariff quota quantity for raw tobacco (HS code 24.01) according to the tariff quota commitments under the CPTPP Agreement for the period from 2020 to 2038 is implemented according to Appendix I of this Circular.

To be specific, the import tariff quota quantity for raw tobacco gradually increases over the years as follows: 525 tons (in 2020), 550 tons (in 2021), 575 tons (in 2022), 600 tons (in 2023), 625 tons (in 2024), 650 tons (in 2025), 675 tons (in 2026), 700 tons (in 2027), 725 tons (in 2028), ..., 975 tons (in 2038).

Note: The import tariff quota quantity for raw tobacco under the CPTPP Agreement does not count towards the import tariff quota quantity for raw tobacco under Vietnam's commitments upon accession to the World Trade Organization (WTO) announced annually by the Ministry of Industry and Trade.

See the full text of the regulations in Circular 03/2020/TT-BCT, effective from February 29, 2020.

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