Circular No. 23/2019/TT-BCT stipulates the non-application of tariff quotas for sugar imports from ASEAN countries, and at the same time determines the import tax rate as prescribed by the Government. This Circular takes effect from January 1, 2020.
Key points
- Tariff quotas shall not be applied to sugar (HS code 1701) originating from ASEAN countries.
- The quantity of sugar imported from ASEAN countries shall not be counted towards the annual tariff quota volume announced by the Ministry of Industry and Trade.
- The import tax rate for sugar originating from ASEAN countries shall be implemented according to the Government's regulations.
🌐 Social impact of this document
- Reduce the burden of import costs for sugar trading enterprises.
- Enhance competition in the domestic market, creating conditions for enterprises to utilize diverse supply sources.
❓ Frequently asked questions
When does this Circular take effect?
This Circular takes effect from January 1, 2020.
What is the import tax rate for sugar originating from ASEAN countries?
The import tax rate for sugar originating from ASEAN countries shall be implemented according to the Government's regulations.
Is the quantity of sugar imported from ASEAN countries restricted?
Tariff quotas shall not be applied to sugar originating from ASEAN countries, and the quantity of sugar imported from these countries shall not be counted towards the annual tariff quota volume.
How does this Circular affect enterprises?
It reduces the burden of import costs for sugar trading enterprises, while enhancing competition in the domestic market.
Full text
CIRCULAR
REGULATING THE NON-APPLICATION OF QUOTA DUTY FOR IMPORTING SUGAR FROM ASEAN COUNTRIES
WITH ORIGIN FROM ASEAN COUNTRIES
Pursuant to Decree No. 98/2017/NĐ-CP dated August 18, 2017, of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;
IMPLEMENTING THE COMMITMENT TO ELIMINATE QUOTA DUTY UNDER THE ASEAN TRADE IN GOODS AGREEMENT;
IMPLEMENTING RESOLUTION NO. 130/NQ-CP OF THE GOVERNMENT DATED OCTOBER 17, 2018 ON SUSPENDING THE IMPLEMENTATION OF ARTICLE 20 OF THE ASEAN TRADE IN GOODS AGREEMENT (ATIGA);
At the proposal of the Director of the Import-Export Department,
THE MINISTER OF INDUSTRY AND TRADE ISSUES THIS CIRCULARREGULATING THE NON-APPLICATION OF QUOTA DUTY FOR IMPORTING SUGAR FROM ASEAN COUNTRIES.
Article 1. General Provisions
1. QUOTA DUTY SHALL NOT BE APPLIED TO THE IMPORT OF SUGAR (HS CODE 1701) WITH ORIGIN FROM ASEAN COUNTRIES AS PROVIDED BY CURRENT LEGISLATION.
2. THE QUANTITY OF SUGAR IMPORTED FROM ASEAN COUNTRIES SHALL NOT BE INCLUDED IN THE ANNUAL QUOTA VOLUME ANNOUNCED BY THE MINISTRY OF INDUSTRY AND TRADE IN ACCORDANCE WITH THE COMMITMENTS OF THE WORLD TRADE ORGANIZATION (WTO) APPLICABLE TO WTO MEMBER COUNTRIES.
Article 2. REGULATING THE RATE OF IMPORT DUTY
THE RATE OF IMPORT DUTY ON SUGAR WITH ORIGIN FROM ASEAN COUNTRIES SHALL BE IMPLEMENTED IN ACCORDANCE WITH THE PROVISIONS OF THE GOVERNMENT.
Article 3. Effectiveness
THIS CIRCULAR SHALL TAKE EFFECT FROM JANUARY 1, 2020./.
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THE MINISTER (Signed)
Tran Tuan Anh |
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