Circular No. 168/2014/TT-BTC Issuing the Special Preferential Import Tariff Schedule of Vietnam for Implementing the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) Phase 2015-2018

CIRCULAR

Issuing the Special Preferential Import Tariff Schedule of Vietnam to implement the ASEAN-Australia-New Zealand Free Trade Agreement for the period 2015-2018

Pursuant to Decree No. 87/2010/NĐ-CP dated August 13, 2010 of the Government detailing the implementation of the Law on Export Tax and Import Tax;

Pursuant to the ASEAN-Australia-New Zealand Trade in Goods Agreement signed on February 27, 2009 in Thailand and approved by the Prime Minister of the Socialist Republic of Vietnam through Decision No. 1042/TTg-QHQT dated June 24, 2009;

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Pursuant to the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005;

The Minister of Finance issues this Circular to issue the Special Preferential Import Tariff Schedule of Vietnam to implement the ASEAN-Australia-New Zealand Trade in Goods Agreement for the period 2015-2018.

Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013, promulgated by the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Attached herewith is the Special Preferential Import Tariff Schedule of Vietnam to implement the ASEAN-Australia-New Zealand Trade in Goods Agreement for the period 2015-2018 (the special preferential tariff rate hereinafter referred to as the AANZFTA rate).

The Minister of Justice issues this Circular to revoke

The groups of goods and import tariff rates outside quotas to implement the ASEAN-Australia-New Zealand Trade in Goods Agreement for the period 2015-2018 are specified in Appendix I attached to this Special Preferential Import Tariff Schedule. The quantity of quota imports under the general quota level shall be implemented in accordance with the regulations of the Ministry of Industry and Trade.

Article 1. Column "Goods Code" and column "Description of Goods" are based on the Harmonized System of Integrated Tariff of ASEAN 2012 (AHTN2012) and classified according to the 8-digit code level.

Column "AANZFTA Rate (%)": the applicable tariff rate for each year from January 1 to December 31 of that year, starting from 2015 until the end of 2018.

1. Column "Goods Code" and column "Description of Goods" are established based on the Harmonized System of Integrated Tariff of ASEAN 2012 (AHTN2012) and classified according to the 8-digit code level.

2. Column "AANZFTA Rate (%)": the applicable tariff rate for each year from January 1 to December 31 of that year, starting from 2015 until the end of 2018.

Symbol "*": imported goods are not entitled to the special preferential tariff rate AANZFTA at the corresponding time.

Article 2. Conditions for imported goods to apply the AANZFTA rate

Imported goods to apply the AANZFTA rate must meet the following conditions:

1. Belonging to the Special Preferential Import Tariff Schedule issued together with this Circular.

2. Imported into Vietnam from member countries of the ASEAN-Australia-New Zealand Trade in Goods Agreement, including the following countries:

- Brunei Darussalam;

- Kingdom of Cambodia;

- Republic of Indonesia;

- Lao People's Democratic Republic;

- Malaysia;

- Union of Myanmar;

- Republic of the Philippines;

- Republic of Singapore;

- Kingdom of Thailand;

- New Zealand;

- Socialist Republic of Vietnam (Goods from duty-free zones imported into the domestic market).

3. Directly transported from the exporting country specified in Clause 2 of this Article to Vietnam, in accordance with the regulations of the Ministry of Industry and Trade.

4. Complying with the provisions on the origin of goods in the ASEAN-Australia-New Zealand Trade in Goods Agreement, having an ASEAN-Australia-New Zealand Certificate of Origin (abbreviated as Form AANZ) in accordance with the regulations of the Ministry of Industry and Trade.

Article 3. Effectiveness

This Circular takes effect from January 1, 2015 and replaces Circular No. 44/2012/TT-BTC dated March 16, 2012 of the Minister of Finance on issuing the Special Preferential Import Tariff Schedule of Vietnam to implement the ASEAN-Australia-New Zealand Trade in Goods Agreement for the period 2012-2014 and Circular No. 63/2012/TT-BTC dated April 23, 2012 of the Ministry of Finance on amending the special preferential tariff rates for certain groups of goods in the Special Preferential Import Tariff Schedules. During the implementation process, if there are difficulties or obstacles, please report them promptly so that the Ministry of Finance can provide guidance and supplements accordingly./.