On February 14, 2015, the Ministry of Finance issued the Circular No. 24/2015/TT-BTC promulgating Vietnam’s Special Preferential Import Tariff to implement the ASEAN-Japan Comprehensive Economic Partnership Agreement during 2015-2019.
Accordingly, applicable from April 1, 2015, through March 31, 2016, to apply the import tax rate of 0% for many commodities. However, to be eligible for AJCEP duty rates, imports must be specified in the Special Preferential Import Tariff; imported from the member states of the ASEAN-Japan Comprehensive Economic Partnership Agreement, including Brunei Darussalam; the Kingdom of Cambodia; the Republic of Indonesia; The Lao People’s Democratic Republic; Malaysia; the Union of Myanmar; the Republic of the Philippines; the Republic of Singapore; the Kingdom of Thailand; Japan; the Socialist Republic of Vietnam (goods imported from non-tariff areas into the domestic market); transported directly from an exporting country specified in Clause 2 of this Article to Vietnam under the Ministry of Industry and Trade’s regulations and satisfy the rules of origin in the ASEAN-Japan Comprehensive Economic Partnership Agreement and having an ASEAN-Japan certificate of origin, form AJ (C/O – form AJ) as required by the Ministry of Industry and Trade.
This Circular takes effect on April 01, 2015
Source: luatvietnam.vn
