Regulations on Standard Tax Rates for Imported Goods

16:55, 11/07/2024

The Prime Minister of the Government of Vietnam has just issued Decision 36/2016/QD-TTg stipulating the application of ordinary tax rates for imported goods.

Tax schedules for general import tariffs on imported goods include:

- The list of items with a preferential import tariff rate of 0% stipulated in Section I and Section II of Appendix II Decree 122/2016/ND-CP;- The general tariff rates stipulated for each item in the General Import Tariff Schedule outlined in the appendix issued together with this Decision.

Imported goods not listed in the General Import Tariff Schedule and not falling under the circumstances of imported goods subject to preferential tariff rates/special preferential tariff rates in Clause a and b, Article 5 of the Law on Export and Import Duties, shall apply a general tariff rate equal to 150% of the preferential import tariff rate for each corresponding item in Appendix II of Decree 122.

See the detailed appendix attached in Decision 36/2016/QD-TTg effective from September 1, 2016.

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