Decision No. 24/2006/QĐ-BTM of the Ministry of Trade stipulates the suspension of temporary import for re-export and transfer of finished wood products from Vietnam to the United States and requires a permit for the temporary import for re-export of sassafras oil. This decision shall take effect fifteen days after its publication in the Official Gazette.
Scope of application
Trading companies, businesses dealing in finished wood products and sassafras oil.
Key points
- Trading organizations → suspend temporary import for re-export and transfer of finished wood products from Vietnam to the United States.
- Trading companies → must have a permit from the Ministry of Trade when temporarily importing and re-exporting sassafras oil (Sassafras Oil).
🌐 Social impact of this document
- Positive impact: Reducing the risk of smuggling, protecting consumer rights.
- Negative impact: Increasing costs for businesses due to the need for permits.
❓ Frequently asked questions
Can my company temporarily import and re-export finished wood products to the United States?
No, according to this Decision, the temporary import for re-export and transfer of finished wood products from Vietnam to the United States has been suspended.
What permit do I need to temporarily import and re-export sassafras oil?
According to this Decision, you must have a permit from the Ministry of Trade when temporarily importing and re-exporting sassafras oil (Sassafras Oil).
When does this Decision come into effect?
This Decision shall take effect fifteen days after its publication in the Official Gazette.
What penalties will I face if I do not have a permit?
Specific penalty information is not provided in this Decision. Further reference to other legal documents is required for detailed information.
How will this Decision affect my business operations?
If you deal in finished wood products, this Decision will prohibit their temporary import for re-export to the United States. If you deal in sassafras oil, you will need a permit from the Ministry of Trade.
Full text
Pursuant to …;
Regarding the suspension of temporary import for re-export and transshipment of finished wooden products from Vietnam to the United States
and regulations on the requirement for a permit from the Ministry of Trade for temporary import for re-export of sassafras oil and provides for the temporary importation and re-exportation of sandalwood oil to be subject to
a permit from the Ministry of Trade
_____________________________
THE MINISTER OF TRADE
Pursuant to Decree No. 29/2004/NĐ-CP dated January 16, 2004 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Trade;
Pursuant to Decree No. 12/2006/NĐ-CP dated January 23, 2006 of the Government detailing the implementation of the Law on Trade regarding international trade activities and intermediary purchase, sale, processing, and transit of goods with foreign countries;
Implementing the guidance of the Prime Minister in Official Document No. 1605/VPCP-KTTH dated March 29, 2006 of the Government Office on the management of temporarily imported goods for re-export and transshipment, and after reaching a consensus with the Ministry of Public Security in Official Document No. 987/V11 (VPU) dated June 8, 2006 on the coordination in managing the business activities involving sassafras oil.
Pursuant to …;
Article 1. Continue to suspend the temporary import for re-export and transshipment of finished wooden products from Vietnam to the United States.
Article 2. The temporary import for re-export of sassafras oil (Sassafras Oil) must be authorized by the Ministry of Trade.
Article 3. Repeal Decision No. 1318/2005/QĐ-BTM dated April 29, 2005 of the Minister of Trade regarding the repeal of Decision No. 0971/2004/QĐ-BTM dated July 14, 2004 of the Minister of Trade; suspend the temporary import for re-export and transshipment of finished wooden products and the conditions for importing semi-finished wooden products for processing and production of export goods.
Article 4. This Decision shall take effect fifteen days after its publication in the Official Gazette./.
DEPUTY MINISTER
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