Decision No. 16/2006/QD-BTC on the import tax rate for textiles and garments originating from the EU, the United States, and Australia

Pursuant to …;

Regarding the import tariff rate for textile and garment products originating from EU,

United States and Australia

_________

THE MINISTER OF FINANCE

Pursuant to the Law on Export Tax and Import Tax No. 45/2005/QH11;

Pursuant to Decree No. 86/2002/NĐ-CP dated November 5, 2002 of the Government stipulating the functions, tasks, powers, and organizational structure of Ministries and Ministerial-level agencies;

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government regarding the tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to the Agreement between the Government of the Socialist Republic of Vietnam and the European Community on market access signed on December 3, 2004; the Textile and Apparel Trade Agreement between Vietnam and the United States for the period 2003-2005; and the Bilateral Economic Cooperation and Trade Agreement signed on June 14, 1990 between Vietnam and Australia;

Based on the opinion of the Ministry of Trade in Circular No. 56/TM-DM dated March 2, 2006 on the implementation of the commitments under the Textile and Apparel Trade Agreement between Vietnam and the United States, and according to the proposal of the Director of the Department of Tax Policy;

Pursuant to …;

Article 1. Continue to apply the import tariff rates published for the year 2005 as stipulated in Decisions No. 192/2003/QĐ-BTC dated November 25, 2003, and No. 13/2005/QĐ-BTC dated March 8, 2005 of the Minister of Finance for consignments of textile and garment products with customs declarations registered with customs authorities from January 1, 2006 to December 31, 2006, and having certificates of origin issued by countries belonging to the European Union (EU), the United States, and Australia.

For imported consignments with customs declarations registered with customs authorities from January 1, 2006, if they meet the conditions for application under this Decision but have already paid taxes at a higher import tariff rate, the difference in tax amount between the tax already paid and the tax amount according to the import tariff rate specified in this Decision shall be refunded.

Article 2. For goods subject to import tariff rates specified in Article 1 above that are higher than the Most-Favored-Nation (MFN) import tariff rates stipulated in the current Preferential Import Tariff Schedule, the applicable import tariff rate for these goods shall be the MFN rate.

Article 3. This Decision takes effect and applies to customs declarations registered with customs authorities fifteen days after its publication in the Official Gazette. Ministers of Ministries, Heads of ministerial-level agencies, Heads of government agencies, Chairpersons of provincial and centrally-administered city People's Committees shall coordinate to implement this Decision./.