Circular No. 201/2015/TT-BTC Issuing the Special Preferential Import Tariff Schedule of Vietnam for Implementing the Vietnam-Korea Free Trade Agreement during 2015-2018

CIRCULAR

ISSUING THE SPECIAL PREFERENTIAL IMPORT TAX SCHEDULE OF VIETNAM TO IMPLEMENT THE VIETNAM-KOREA FREE TRADE AGREEMENT PHASE 2015-2018

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

Pursuant to Decree No. 87/2010/NĐ-CP dated August 3, 2010 of the Government detailing the implementation of the Law on Export Tax and Import Tax; 13 August 2010 Government Decree detailing provisions of the Law on Export Duties and Import Duties,i tipoliciesPursuant to Decree No. 154/2020/NĐ-CP dated December 31, 2020 of the Government amending and supplementing a provision of Decree No. 34/2016/NĐ-CP dated May 14, 2016 of the Government detailing certain provisions;No. ues,rime Minister cDuties,rime Minister cu;

BASED ON Decree No. 215/2013/NĐ-CP dated December 23, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."structuring the functions, tasks, powers, and organizational structure of the Ministry of Public Security;, amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP 6 of the Government on supporting the development of enterprises until 2020;

Pursuant to the Framework Agreement on Comprehensive Economic Cooperation between the Member States of the Association of Southeast Asian Nations (hereinafter referred to as ASEAN) and the Republic of Korea (hereinafter referred to as Korea), signed on December 13, 2005 in Malaysia,iomprehensive Economic Partnership Agreement between the member countries of the Association of Southeast Asian Nations (hereinafter referred to as ASEAN) and the Republic of Korea (hereinafter referred to as Korea),No.rea,intention 13 December 2005 in Malacca,i-xia,i-ca,3cm ocratic Republic of Vietnam approved on April 12, 2006;

which was approved by the President of the Socialist Republic of Vietnam on April 12, 2006;iPursuant to the Goods Trade Agreement under the Framework Agreement on Comprehensive Economic Cooperation ASEAN-Korea, signed on December 13, 2005 in Malaysia and on August 24, 2006 in the Philippines; which was approved by the Government of the Socialist Republic of Vietnam on October 30, 2006;"b) In addition to the lists of public services issued according to the provisions of Clause 2, Article 4 of this Decree, specialized agencies under provincial People's Committees shall report to the provincial People's Committee for decision-making on amending, supplementing, or issuing the list of public services funded by the state budget within their jurisdiction and consistent with the local budget capacity within the approved budget by the Provincial People's Assembly, and send it to the Ministry of Finance and relevant ministries and sectors for supervision during implementation."Pursuant to the Vietnam-Korea Free Trade Agreement, signed on May 5, 2015 in Vietnam and approved by the Government of the Socialist Republic of Vietnam at Resolution No. 60/NQ-CP dated August 20, 2015;

Based on the Vietnam-Korea Free Trade Agreement signed on May 5, 2015 in Vietnam and approved by the Government of the Socialist Republic of Vietnam through Resolution,No. The Minister of Finance issues this Circular to issue the Special Preferential Import Tax Schedule of Vietnam for implementing the Vietnam-Korea Free Trade Agreement phase 2015-2018 (the preferential tax rate hereinafter referred to as VKFTA rate).

At the proposal of the Department of PersonnelFor power plants invested under the Build-Operate-Transfer (BOT) model, n is determined according to the operational period of the power plant stipulated in the BOT contract.Attached to this Circular is the Special Preferential Import Tax Schedule of Vietnam for implementing the Vietnam-Korea Free Trade Agreement phase 2015-2018 (VKFTA rate).

The Minister of Finance issues this Circular to promulgate the Preferential Tariff Schedule for Vietnam under the Vietnam-Korea Free Trade Agreement,rime Minister co implement the Vietnam-Korea Free Trade Agreement during the period 2015,development onditions for goods imported to be subject to the preferential tariff rates under the Vietnam-Korea Free Trade Agreement (VKFTA), - 2018.

Article 1.

1) The "VKFTA Rate (%)": the applicable tariff rate for each year, applied from December 20, 2015 to December 31, 2015 and from January 1 to December 31 of each year starting from 2016 until the end of 2018.

2) The "GIC" column: goods produced in the Kaesong Industrial Complex within the territory of the Democratic People's Republic of Korea shall apply the VKFTA rate as prescribed in Article 4 of this Circular.

3) Conditions for imported goods to be subject to the VKFTA rate:

Article 2.

Imported goods must meet all of the following conditions to be eligible for the VKFTA rate:

1) Belong to the Special Preferential Import Tax Schedule issued together with this Circular.

2) Imported from Korea to Vietnam.

3) Directly transported from Korea to Vietnam in accordance with the regulations of the Ministry of Industry and Trade.

4) Comply with the rules of origin for goods under the Vietnam-Korea Free Trade Agreement, having a Certificate of Origin (CO) issued in accordance with the regulations of the Ministry of Industry and Trade. issued Goods from free zones (including duty-free goods)

Article 3.

Article 4.

Goods produced in the Kaesong Industrial Complex within the territory of the Democratic People's Republic of Korea (GIC goods) re-imported to Korea and then exported to Vietnam to be eligible for the VKFTA rate of Vietnam must meet all of the following conditions:

1) Listed in the "GIC" column of this tariff schedule;developmentectly,

2) n accordance with the regulations of the Ministry of Industry and Trade;

3) Comply with the special origin rules for goods under Article 3.5, Chapter Rules of Origin and Certification Procedures of the Vietnam-Korea Free Trade Agreement, having a Certificate of Origin (CO) printed with the words "Article 3.5" in box number 8 issued by the Korean Customs;2013 of the Government detailing and guiding the implementation of the Price Law; Certificate of Origin (C/O KV) with the phrase "Article 3.5" printed in Box 8 issued by, subject, organization, unit under the People's Committee of the commune level quan Korean Customs, For expenditures from the State budget in kind and labor days, based on the revenue and expenditure orders of the financial authority, the KBNN records the revenue and expenditure of the State budget.y in accordance with the regulations of the Ministry of Industry and Trade.

Article 5.

This Circular takes effect from December 20, 2015.development 20th day, 12 2015. In the In case of difficulties or obstacles during implementation, please report to the Ministry of Finance for timely guidance. eaction, ectly, up-to-date, not đdevelopment AND The Ministry of Finance will provide supplementary guidance as necessary., amended and supplemented by Decree No. 109/2025/NĐ-CP and Decree No. 193/2025/NĐ-CP ppropriate,

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