On September 01, 2016, the Government issued the Decree No. 128/2016/ND-CP on special preferential import tariff schedule of Vietnam for the implementation of the ASEAN – China Agreement on Trade in goods from 2016 – 2018, applicable to the imported goods from Brunei Darussalam; Kingdom of Cambodia, Republic of Indonesia, Lao People’s Democratic Republic, Malaysia; Republic of the Union of Myanmar, Republic of the Philippines, Republic of Singapore, Kingdom of Thailand, People’s Republic of China.
In accordance with the Tariff Schedule, goods such as lives horses, asses, mules and hinnies; Live bovine animals; Live swine; Live sheep and goats; Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls; Meat of bovine animals, fresh or chilled; Meat of bovine animals, frozen; Meat of swine, fresh, chilled or frozen….take the preferential tariff of 0%. And this preferential tax rate of 0% shall be applicable to Printing machinery used for printing by means of plates, cylinders and other printing components of heading 84.42; other printers, copying machines and facsimile machines, whether or not combined; parts and accessories thereof…
Particularly, unmanufactured tobacco; tobacco refuse; cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes and other manufactured tobacco and manufactured tobacco substitutes; “homogenised” or “reconstituted” tobacco; tobacco extracts and essences shall receive the particular preferential import tax in 2016, 2017 and to 2016 with the rate of 50%.
This Decree takes effect on September 01, 2016 and annuls the Circular No. 166/2014/TT-BTC dated November 14, 2014.
