Decision No. 19/2004/QD-BTC of the Minister of Finance on issuing the list of goods and import tariff rates to implement the reduction schedule for import tariffs under the Textile and Apparel Trade Agreement between Vietnam and the United States for the period 2003-2005.

DECISION OF THE MINISTER OF FINANCE

Regarding the issuance of the List of Goods and Import Tariff Rates to implement the tariff reduction schedule under the Textile and Apparel Trade Agreement between Vietnam and the United States for the period 2003-2005

THE MINISTER OF FINANCE

Pursuant to the Law on Export Tax and Import Tax dated December 26, 1991 and the Laws amending and supplementing the Law on Export Tax and Import Tax dated July 5, 1993; Decision No. 04/1998/QH10 dated May 20, 1998;

Pursuant to the Agreement on Textiles and Apparel from Cotton, Wool, Man-made Fibers, Non-cotton Plant Fibers, and Silk between the Government of the Socialist Republic of Vietnam and the Government of the United States of America;

Pursuant to the guidance of the Prime Minister in Circular No. 75/CP-QHQT dated December 10, 2004, and Circular No. 49/VPCP-QHQT dated January 28, 2004.

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

Pursuant to the guidance of the Prime Minister in Circular No. 49/VPCP-QHQT dated January 28, 2004 of the Office of the Government regarding the implementation of commitments under the Textile and Apparel Agreement between Vietnam and the United States;

At the request of the Director of the Tax Policy Department;

DECISION:

Article 1. Attached to this Decision is the List of Goods and Import Tariff Rates for textile products and textile products from cotton, wool, man-made fibers, non-cotton plant fibers, and silk to be implemented during the period 2003-2005 for the Agreement on Textiles and Apparel from Cotton, Wool, Man-made Fibers, Non-cotton Plant Fibers, and Silk between the Government of the Socialist Republic of Vietnam and the Government of the United States of America.

Article 2. The List of Goods and Import Tariff Rates specified in Article 1 of this Decision shall only apply when the goods have a Certificate of Origin issued by the United States of America.

Article 3. For goods with import tariff rates specified in the List of Goods and Import Tariff Rates attached to this Decision that are higher than the Most-Favored-Nation (MFN) import tariff rates currently stipulated in the Preferential Import Tariff Schedule, the applicable import tariff rate for these goods shall be the MFN rate.

Article 4. The import tariff rates prescribed for the year 2003 shall apply to import declarations submitted to customs authorities from November 25, 2003. The import tariff rates prescribed for the year 2004 shall apply to import declarations submitted to customs authorities from January 1, 2004. The import tariff rates prescribed for the year 2005 will be announced by the Ministry of Finance at a later date.

Any difference in tax amount between the tax already paid and the tax calculated based on the import tariff rates prescribed in this Decision shall be refunded.

Article 5. Ministers of Ministries, Heads of agencies equivalent to Ministries, Heads of agencies under the Government, Chairpersons of People's Committees of provinces and centrally governed cities shall coordinate to enforce this Decision./.