To free export tax for Vietnamese green label

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On August 09, 2016, the Ministry of Finance issued the Circular No. 128/2016/TT-BTC on export duty exemption and reduction for environment-friendly products; and products from waste recycling and treatment activities prescribed in the Government’s Decree No. 19/2015/ND-CP of February 14, 2015, detailing a number of articles of the Law on Environmental Protection.

At the Circular, the Ministry of Finance emphasizes to exempt from export duty environment-friendly products listed in the Export Tariff, which are granted Vietnamese green label certificates as guided by the Ministry of Natural Resources and Environment, and to give 50% export duty reduction for products from waste recycling and treatment activities listed in the Export Tariff as certified by the state competent agencies under the Ministry of Natural Resources and Environment’s guidance. In case of export of environment-friendly products and products from waste recycling and treatment activities specified in Clause 1 of this Article which are not listed in the Export Tariff, exporters shall comply with Clause 2, Article 2 of the Ministry of Finance’s Circular No. 182/2015/TT-BTC of November 16, 2015, promulgating the Export Tariff and the Preferential Import Tariff according to the list of dutiable items.

Customs dossiers for exported goods entitled to export duty exemption and reduction must comply with Article 16 of Circular No. 38/2015/TT-BTC, enclosed with copies of Vietnamese green label certificates as guided by the Ministry of Natural Resources and Environment or copies of certificates of products from waste recycling and treatment activities issued by a state competent agency.

This Circular takes effect on September 23, 3016.