Decision No. 25/2007/QD-BTC amends and supplements the previous decision regarding the List of goods and preferential import tariff rates of Vietnam for implementing the CEPT Agreement. This Decision applies to enterprises importing from ASEAN countries under specific conditions.
Scope of application
Enterprises, customs authorities, relevant ministries and sectors
Key points
- Enterprises shall apply the CEPT tariff rate when importing goods from ASEAN countries that meet the required conditions.
- Conditions for applying the CEPT tariff rate include: being listed in the List of goods, imported from ASEAN member countries, and having a Certificate of Origin (C/O Form D).
- Goods must be directly transported from the exporting country, which is a member of ASEAN, to Vietnam.
- This Decision shall take effect fifteen days after its publication in the Official Gazette and shall apply to import declarations registered with customs authorities from the date this Decision comes into force.
🌐 Social impact of this document
- Enterprises will benefit from preferential tariff rates, reducing import costs and enhancing competitiveness within the ASEAN region.
- However, enterprises must comply with stringent conditions regarding the origin of goods, which may impose administrative burdens.
❓ Frequently asked questions
From which countries can enterprises apply the CEPT tariff rate when importing?
Enterprises shall apply the CEPT tariff rate when importing goods from ASEAN member countries including: Brunei Darussalam; Kingdom of Cambodia; Republic of Indonesia; Lao People's Democratic Republic; Malaysia; Myanmar; Republic of the Philippines; Singapore; and Thailand.
What conditions must goods meet to apply the CEPT tariff rate?
Goods must be listed in the List of goods issued by the Minister of Finance, imported from ASEAN member countries, and have a Certificate of Origin (C/O Form D).
When does this Decision come into effect?
This Decision shall take effect fifteen days after its publication in the Official Gazette.
What must enterprises do to apply the CEPT tariff rate?
Enterprises must import goods from ASEAN member countries, ensure that the goods have a Certificate of Origin (C/O Form D), and transport them directly from the exporting country to Vietnam.
To which enterprises does this Decision apply?
This Decision applies to enterprises importing goods from ASEAN member countries to enjoy special preferential tariff rates under the CEPT Agreement.
Full text
Pursuant to …;
Amending and supplementing Decision No. 09/2006/QD-BTC dated February 28, 2006 of the Minister of Finance on the issuance of the List of Goods and Rates of Preferential Import Tariffs of Vietnam to implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN countries
for the period 2006-2013
Pursuant to Resolution No. 292/NQ-UBTVQH9 dated November 8, 1995 of the Standing Committee of the National Assembly on the program to reduce import tariffs of Vietnam to implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN countries;
Pursuant to Decree No. 77/2003/ND-CP dated July 1, 2003 of the Government detailing the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 149/2005/ND-CP dated December 8, 2005 of the Government detailing the implementation of the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005;
Pursuant to the Protocol on the accession of the Socialist Republic of Vietnam to the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) to implement the ASEAN Free Trade Area (AFTA) (hereinafter referred to as the CEPT/AFTA Agreement), signed in Bangkok on December 15, 1995.
_____________
THE MINISTER OF FINANCE
Pursuant to the Law on Export Duties and Import Duties No. 45/2005/QH11 dated June 14, 2005;
Amending the name of the regulation at Article 1 of Decision No. 09/2006/QD-BTC dated February 28, 2006 on the issuance of the List of Goods and Rates of Preferential Import Tariffs of Vietnam to implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN countries for the period 2006-2013 and the accompanying list to "List of Preferential Import Tariffs of Vietnam to Implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN Countries".
Imported goods must meet the following conditions to be subject to the preferential import tariff rates of Vietnam to implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN countries (abbreviated as CEPT rates):
a) They must belong to the List of Preferential Import Tariffs of Vietnam to Implement the Agreement on the Program of Preferential Tariff Treatment with Common Effectiveness (CEPT) of ASEAN Countries issued by the Minister of Finance.
b) They must be imported from ASEAN member countries into Vietnam, including the following countries:
At the proposal of the Director of the International Cooperation Department,
DECISION:
Article 1. - The Republic of Indonesia;
Article 2. - The Lao People's Democratic Republic;
- Malaysia;
- Myanmar;
- Brunei Darussalam;
- Kingdom of Cambodia;
- The Philippines;
- Singapore; and
- Thailand;
c) They must satisfy the ASEAN origin requirements, confirmed by the ASEAN Certificate of Origin Form D (abbreviated as CO Form D) issued by the following authorities:
- In Brunei Darussalam, the Ministry of Foreign Affairs and Trade;
- In Cambodia, the Ministry of Commerce;
- In Indonesia, the Ministry of Trade;
- In Laos, the Ministry of Trade;
- In Malaysia, the Ministry of International Trade and Industry;
- In Myanmar, the Ministry of Commerce;
- In the Philippines, the Department of Finance;
- In Singapore, the Customs Authority; and
- In Thailand, the Ministry of Commerce.
d) They must be directly transported from the exporting country, which is a member of ASEAN, to Vietnam, in accordance with the regulations of the Ministry of Trade.
This Decision shall take effect fifteen days after its publication in the Official Gazette and shall apply to customs declarations for imported goods registered with customs authorities from the date this Decision takes effect.
Ministers of Ministries, Heads of agencies equivalent to Ministries, Heads of government agencies, Chairpersons of Provincial People's Committees under central jurisdiction shall coordinate to implement this Decision./.
- In the Kingdom of Thailand, it is the Ministry of Commerce.
d) Directly transported from an exporting country that is a member of ASEAN to Vietnam, in accordance with the regulations of the Ministry of Commerce.
Article 3. This Decision shall take effect fifteen days after its publication in the Official Gazette and shall apply to import customs declarations registered with customs authorities from the date this Decision takes effect.
Article 4. The Ministers of the Ministries, Heads of ministerial-level agencies, Heads of government agencies, Chairpersons of People's Committees of provinces and centrally governed cities shall coordinate to implement this Decision./.
DEPUTY MINISTER
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