VietnameseCircular No. 201/2015/TT-BTC dated December 16, 2016 of the Ministry of Finacne on promulgating Vietnam’s Special Preferential Import Tariff for implementation of the Vietnam-Republic of Korea Free Trade Agreement during 2015-2018
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Circular No. 201/2015/TT-BTC dated December 16, 2016 of the Ministry of Finacne on promulgating Vietnam’s Special Preferential Import Tariff for implementation of the Vietnam-Republic of Korea Free Trade Agreement during 2015-2018
| Issuing body: | Ministry of Finance | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 201/2015/TT-BTC | Signer: | Truong Chi Trung |
| Type: | Circular | Expiry date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Issuing date: | 16/12/2015 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Commerce - Advertising , Export - Import , Tax - Fee - Charge |
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THE MINISTRY OF FINANCE No. 201/2015/TT-BTC | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness Hanoi, December 16, 2015 |
CIRCULAR
Promulgating Vietnam’s Special Preferential Import Tariff for implementation of the Vietnam-Republic of Korea Free Trade Agreement during 2015-2018[1]
Pursuant to June 14, 2005 Law No. 45/2005/QH11 on Import Duty and Export Duty;
Pursuant to the Government’s Decree No. 87/2010/ND-CP of August 13, 2010, detailing a number of articles of the Law on Import Duty and Export Duty;
Pursuant to the Government’s Decree No. 215/2013/ND-CP of December 23, 2013, defining the functions, duties, powers and organizational structure of the Ministry of Finance;
Pursuant to the Framework Agreement on Comprehensive Economic Cooperation between the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (hereafter referred to as Korea), which was concluded on December 13, 2005, in Malaysia and approved by the President of the Socialist Republic of Vietnam on April 12, 2006;
Pursuant to the Agreement on Trade in Goods under the ASEAN-Korea Framework Agreement on Comprehensive Economic Cooperation, which was concluded in Malaysia on December 13, 2005, and in the Republic of the Philippines on August 24, 2006, and approved by the Government of the Socialist Republic of Vietnam on October 30, 2006;
Pursuant to the Vietnam-Korea Free Trade Agreement, which was concluded on May 5, 2015, in Vietnam and approved by the Government of the Socialist Republic of Vietnam in Resolution No. 60/NQ-CP of August 20, 2015;
At the proposal of the Director of the Department of International Cooperation;
The Minister of Finance promulgates the Circular promulgating Vietnam’s Special Preferential Import Tariff for implementation of the Vietnam-Korea Free Trade Agreement during 2015-2018.
Article 1. To promulgate together with this Circular Vietnam’s Special Preferential Import Tariff for implementation of the Vietnam-Korea Free Trade Agreement during 2015-2018 (applicable special preferential duty rates are below referred to as VKFTA duty rates).
1. Columns “Goods heading” and “Goods description” shall be developed based on the 2012 ASEAN Harmonized Tariff Nomenclature (AHTN 2012) and classified with 8-digit or 10-digit codes.
2. Column “VKFTA duty rate (%)”: Duty rates shall be applicable to each year from December 12, 2015, through December 31, 2015, and from January 1 through December 31 of the years 20 from 2016 through 2018.
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