List of New Ordinary Import Tariff Rates

11:49, 11/07/2024

The Prime Minister of the Government of Vietnam has just signed Decision 45/2017/QD-TTg amending and supplementing Decision 36/2016/QD-TTg on the application of ordinary tax rates for imported goods.

From January 1, 2018, the Ordinary Import Tariff Schedule (referred to as the New Tariff Schedule) in the Appendix attached to Decision 45 will be applied instead of the tax rate appendix in Decision 36/2016/QD-TTg.

At the same time, from 2018, the application of the New Tariff Schedule is unified as follows:

- Apply the List of Items with a 0% Preferential Import Tariff Rate in Sections I and II of Appendix II of Decree 125/2017/ND-CP instead of applying Sections I and II of Appendix II of Decree 122/2016/ND-CP;- Apply an ordinary tax rate of 150% of the preferential import tax rate for each corresponding item in Appendix II of Decree 125, instead of Appendix II of Decree 122 in the event that:- Imported goods are not listed in the New Tariff Schedule; and- Do not fall under the cases of applying preferential or specially preferential tax rates stipulated in points a and b, Clause 3, Article 5 of the Law on Export and Import Duties.

For detailed information on the New Tariff Schedule, see Decision 45/2017/QD-TTg.

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