This Circular amends and supplements the Appendix on Goods Codes and total tariff quota quantities for imports from Laos in 2010 with a zero percent import duty rate. It applies to enterprises importing goods originating from Laos within the specified quotas.
Scope of application
Trading enterprises, production companies, and organizations and individuals related to the importation of goods from Laos.
Key points
- Enterprises → are permitted to import rice paddy and milled rice with a total quota quantity of 40,000 tons of milled rice equivalent (conversion ratio: 2 tons of rice paddy = 1.2 tons of milled rice) at a zero percent import duty rate.
- Enterprises → are permitted to import unstemmed and partially or fully stemmed tobacco leaves from Laos with a total quota quantity of 3,000 tons (type Virginia air-dried).
- Enterprises → must comply with the Goods Codes and conversion ratios stipulated in the Appendix.
- This Circular takes effect from August 1, 2010, and expires on December 31, 2010.
🌐 Social impact of this document
- Enterprises will benefit from importing rice paddy, milled rice, and tobacco leaves with a zero percent import duty rate, thereby reducing import costs.
- However, enterprises must comply with the regulations on Goods Codes and tariff quotas, which may impose management burdens.
- Consumers may see price adjustments for certain items from Laos trending downward if enterprises take advantage of this opportunity.
❓ Frequently asked questions
How many tons of rice paddy and milled rice should enterprises import?
The total quota quantity is 40,000 tons of milled rice equivalent (conversion ratio: 2 tons of rice paddy = 1.2 tons of milled rice).
What is the tax rate for imported goods from Laos?
The import duty rate is 0%.
Can enterprises import unstemmed tobacco leaves from Laos within what quota?
The total quota quantity for unstemmed tobacco leaves is 3,000 tons.
When does this Circular take effect and when does it expire?
This Circular takes effect from August 1, 2010, and expires on December 31, 2010.
Is it necessary to comply with the conversion ratio when importing rice paddy and milled rice?
Yes, enterprises must comply with the conversion ratio: 2 tons of rice paddy = 1.2 tons of milled rice to calculate the quota quantity.
Full text
CIRCULAR
Amending and supplementing Circular No. 34/2009/TT-BCT dated November 17, 2009 of the Minister of Industry and Trade
on importation under tariff quotas for the year 2010 with a zero percent import tariff rate
for goods originating from Laos
________________
Pursuant to Decree No. 189/2007/ND-CP dated December 27, 2007, issued by the Government, detailing the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;
Pursuant to the Agreement between the Ministry of Industry and Trade of the Socialist Republic of Vietnam and the Ministry of Trade of the Lao People's Democratic Republic on goods benefiting from preferential tariff rates, signed on July 28, 2005;
Pursuant to the Agreement between the Ministry of Industry and Trade of the Socialist Republic of Vietnam and the Ministry of Trade of the Lao People's Democratic Republic on amending and supplementing the Agreement between the Ministry of Industry and Trade of the Socialist Republic of Vietnam and the Ministry of Trade of the Lao People's Democratic Republic on goods benefiting from preferential tariff rates, signed on January 17, 2009;
The Minister of Industry and Trade amends and supplements Circular No. 34/2009/TT-BCT dated November 17, 2009 on importation under tariff quotas for the year 2010 with a zero percent import tariff rate for goods originating from Laos as follows:
Article 1. Content of amendment and supplementation
Amending and supplementing Appendix No. 01 on commodity codes and total quantities of tariff quotas for imports from Laos in 2010 issued together with Circular No. 34/2009/TT-BCT dated November 17, 2009 on importation under tariff quotas for the year 2010 with a zero percent import tariff rate for goods originating from Laos as follows:
|
NAME OF GOODS |
CODES OF GOODS |
TOTAL QUOTA FOR THE YEAR 2010 |
Remaining facilities listed in Appendix III of Decree No. 50/2024/NĐ-CP |
|
I - Rice and other paddy |
|
40,000 tons of milled rice equivalent |
Conversion ratio: 2 tons of paddy = 1.2 tons of milled rice |
|
Other types of paddy |
1006.10.00.90 |
||
|
Other fragrant rice, wholly or partly milled, husked or polished, whether or not bleached or glazed |
1006.30.19.00 |
||
|
Glutinous rice, wholly or partly milled, husked or polished, whether or not bleached or glazed |
1006.30.30.00 |
||
|
Other rice, wholly or partly milled, husked or polished, whether or not bleached or glazed |
1006.30.90.00 |
||
|
II - Tobacco leaves and stems |
|
|
|
|
Unstemmed Virginia tobacco leaf, hot air dried |
2401.10.10.00 |
3,000 tons |
|
|
Unstemmed Virginia tobacco leaf, undried |
2401.10.20.00 |
||
|
Unstemmed tobacco leaf other than Virginia, hot air dried |
2401.10.30.00 |
||
|
Unstemmed tobacco leaf other than Virginia, undried |
2401.10.90.00 |
||
|
Partially or wholly stemmed Virginia tobacco leaf, hot air dried |
2401.20.10.00 |
||
|
Partially or wholly stemmed Burley tobacco leaf |
2401.20.40.00 |
||
|
Tobacco stems |
2401.30.10.00 |
Article 2. Effective Date
1. This Circular takes effect from August 1, 2010 and ceases to be effective on December 31, 2010.
2. Repealing Appendix No. 01 on commodity codes and total quantities of tariff quotas for imports from Laos in 2010 issued together with Circular No. 34/2009/TT-BCT. The remaining provisions of Circular No. 34/2009/TT-BCT remain in force./.
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