On September 20, 2016, the Ministry of Industry and Trade issued the Circular No. 21/2016/TT-BCT providing for the implementation of rules of origin provided for in the free trade agreement between Vietnam and Eurasian Economic Union, the rules of origin provided for in this Circular shall be applied only for the purposes of granting preferential tariff treatment.
In accordance with this Circular, preferential tariff treatment in accordance with this Circular shall be granted to originating goods provided that such goods are transported directly from the territory of the exporting Party to the territory of the importing Party. Originating goods may be transported through the territory of one or more third countries, provided that: transit through the territory of a third country is justified for geographical reasons or related exclusively to transport requirements; the goods have not entered into trade or consumption there; and the goods have not undergone any operation there other than unloading, reloading, storing or any necessary operation designed to preserve their condition.
A declarant shall submit appropriate documentary evidence to the customs authorities. Such evidence shall be provided to the customs authorities of the importing Party by submission of the transport documents covering the passage from the territory of a Party to the territory of the other Party containing: an exact description of the goods; the dates of unloading and reloading of the; and where applicable; the commercial invoice in respect of the goods. If a declarant fails to provide the customs authorities of the importing Party with documentary evidence of direct consignment, preferential tariff treatment shall not be granted.
This Circular takes effect on October 05, 2016.
