Supplementing regulations on preferential import and export tax under the CPTPP Agreement applied to Peru

Supplementing regulations on preferential import and export tax under the CPTPP Agreement applied to Peru
Bao Ngoc

On March 10, 2022, the Government issued Decree 21/2022/ND-CP amending and supplementing Decree 57/2019/ND-CP on Preferential Export Tariff and Special Preferential Import Tariff to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP Agreement) for the period of 2019 - 2022.

Accordingly, supplementing regulations on preferential export tax rates and special preferential import tax rates to apply to goods exported from Vietnam to the Republic of Peru or imported into Vietnam from the Republic of Vietnam. Peru, specifically:

- The Republic of Peru applies the preferential export tax rates specified in Appendix I to Decree 57/2019/ND-CP as follows:

+ From September 19, 2021 to December 31, 2021 in the column with the symbol "(IV)".

+ From January 1, 2022 to December 31, 2022 in the column with the symbol "(V).

- The Republic of Peru applies the special preferential import tax rates specified in Appendix II to Decree 57/2019/ND-CP as follows:

+ From September 19, 2021 to December 31, 2021 in the column with the symbol "(IV)".

+ From January 1, 2022 to December 31, 2022 in the column with the symbol "(V).

Decree 21/2022/ND-CP takes effect from March 10, 2022. 

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