Decree No. 111/2020/ND-CP Preferential Export Tariff Schedule under EU Vietnam Trade Agreement during 2020-2022

DECREE

On Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union during 2020-2022^[1]

Pursuant to the June 19, 2015 Law on Organization of the Government;

Pursuant to the April 6, 2016 Law on Import Duty and Export Duty;

Pursuant to the June 23, 2014 Customs Law;

Pursuant to the June 13, 2019 Law on Tax Administration;

Pursuant to the April 9, 2016 Law on Treaties;

Pursuant to the National Assembly’s Resolution No. 102/2020/QH14 of June 8, 2020, ratifying the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union;

In furtherance of the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union;

At the proposal of the Minister of Finance;

The Government promulgates the Decree on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union during 2020-2022.

Article 1. Scope of regulation

This Decree promulgates Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA) during 2020-2022, and conditions for entitlement to the preferential export duty rates and special preferential import duty rates according to this Agreement.

Article 2. Subjects of application

1. Duty payers as specified in the Law on Import Duty and Export Duty.

2. Customs offices and customs officers.

3. Organizations and individuals that have rights and obligations relating to imported and exported goods.

Article 3. Vietnam’s Preferential Export Tariffs and Special Preferential Import Tariffs during 2020-2022

1. To promulgate together with this Decree:

a/ Appendix I - Vietnam’s Preferential Export Tariff to implement EVFTA, covering commodity codes and descriptions and the preferential export duty rate applicable to each commodity code in each time period upon exportation of goods to the territories specified at Point a, Clause 2, Article 4 of this Decree.

b/ Appendix II - Vietnam’s Special Preferential Import Tariff to implement EVFTA, covering commodity codes and descriptions and the special preferential import duty rate applicable to each commodity code in each time period upon importation of goods from the territories specified at Point b, Clause 3, Article 5 of this Decree.

2. Columns “Commodity code” and “Commodity descriptions” in the Appendices to this Decree are formulated on the basis of the Vietnam’s List of imported and exported goods and prescribed in detail according to 8-digit or 10-digit codes.

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