On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement.
Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time of importation.
The customs authority may require a translation if the certificate of origin is not in English.
In addition, regulations on the validity period of the certificate of origin under UKVFTA are as follows:
– The certificate of origin is valid for 12 months from the date of issue in the Exporting Member State and must be submitted to the customs authority of the Importing Member State within its validity period.
– The certificate of origin submitted to the customs authority of the Importing Member State after the validity period specified in Clause 1, Article 26 of Circular 02/2021/TT-BCT may still be accepted for UKVFTA preferential tariff treatment under circumstance:
The importer cannot submit such documents within the validity period due to force majeure or other valid reasons beyond the control of the importer.
– In the case of another late presentation, the customs authority of the Importing Member State may accept a document certifying the origin of the goods that have been imported within the period of validity specified in paragraph 1 of Article 26 of Circular 02/2021/TT-BCT.
Circular 02/2021/TT-BCT takes effect from June 27, 2021.