This Circular stipulates the importation under tariff-rate quotas for 2010 and 2011 with a zero percent import duty rate for goods originating from Cambodia. It applies to rice, paddy, and dried tobacco leaves, effective from January 17, 2011, until December 31, 2011.
Scope of application
Vietnamese traders importing goods originating from Cambodia
Key points
- Apply tariff-rate quotas for importing rice, paddy, and dried tobacco leaves from Cambodia in 2010 and 2011 with a zero percent import duty rate
- Effective period: From November 1, 2010, to December 31, 2011
- Goods must have a Certificate of Origin Form S (C/O Form S) issued by the competent authority of the Kingdom of Cambodia and cleared at the customs checkpoints listed in Appendix No. 02
- Vietnamese traders may only import dried tobacco leaves if they have an import permit for tobacco raw materials under tariff-rate quotas issued by the Ministry of Industry and Trade
- The tariff-rate quota is automatically deducted when goods are imported
🌐 Social impact of this document
- Positive impact: Reducing import costs for businesses and consumers, enhancing economic cooperation between Vietnam and Cambodia
- Negative impact: May cause unfair competition with domestic enterprises if not strictly managed
❓ Frequently asked questions
How long does the zero percent tax rate apply?
The zero percent tax rate applies from January 17, 2011, to December 31, 2011.
Which traders are permitted to import dried tobacco leaves?
Only traders with an import permit for tobacco raw materials under tariff-rate quotas issued by the Ministry of Industry and Trade are permitted to import dried tobacco leaves.
Who issues the Certificate of Origin Form S (C/O Form S)?
The Certificate of Origin Form S (C/O Form S) is issued by the competent authority of the Kingdom of Cambodia.
How long does the zero percent tax rate apply to rice and paddy?
The zero percent tax rate applies from November 1, 2010, to December 31, 2010.
How is the tariff-rate quota calculated?
The tariff-rate quota is automatically deducted when goods are imported, meaning the total quantity of imported goods enjoying a zero percent import duty rate will decrease by the quantity already imported for each item.
Full text
CIRCULAR
Regarding the import under tariff quotas for the years 2010 and 2011 with a rate of
zero percent import duty on goods originating from Cambodia
__________________________________
Pursuant to Decree No. 189/2007/NĐ-CP dated December 27, 2007 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;
Pursuant to the Memorandum of Understanding on Promoting Bilateral Trade between the Ministry of Industry and Trade of the Socialist Republic of Vietnam and the Ministry of Commerce of the Kingdom of Cambodia signed on October 29, 2010;
To implement the guidance of the Prime Minister in Document No. 8339/VPCP-QHQT dated November 16, 2010 regarding the implementation of the Vietnam-Cambodia Agreement on Preferential Goods;
The Minister of Industry and Trade hereby stipulates the import under tariff quotas for the years 2010 and 2011 with a rate of zero percent import duty on goods originating from Cambodia as follows:
Article 1. List of goods and quantity of tariff quota imports for the years 2010 and 2011
1. Apply tariff quotas for import in 2010 and 2011 for two groups of goods originating from Cambodia including: paddy and all types of rice; dried tobacco leaves with an import duty rate of zero percent (zero percent).
The import duty rate within the tariff quota at zero percent in 2010 shall be applied to customs declarations registered with customs authorities from November 1, 2010 to December 31, 2010. The import duty rate within the tariff quota at zero percent in 2011 shall be applied to customs declarations registered with customs authorities from January 1, 2011 to December 31, 2011.
2. The commodity codes and total quantity of tariff quotas for the groups of goods benefiting from preferential import duty rates of zero percent are listed in Appendix No. 01 attached hereto.
Article 2. Conditions for enjoying the import duty rate within the tariff quota at zero percent.
1. Imported goods must have a Certificate of Origin in Form S (C/O Form S) issued by the competent authority of the Kingdom of Cambodia in accordance with regulations and cleared through the border gates specified in Appendix No. 02 attached hereto. Import procedures for goods are handled at the customs office where the import procedures are carried out according to the principle of automatic retroactive reduction (the total quantity of imported goods enjoying an import duty rate of zero percent is reduced by the quantity already imported for each item).
2. Vietnamese traders may import the items of paddy and all types of rice under the tariff quota. For dried tobacco leaves, only traders holding import licenses for tobacco raw materials under the tariff quota issued by the Ministry of Industry and Trade in accordance with Circular No. 04/2006/TT-BTM dated April 6, 2006 of the Ministry of Trade (now the Ministry of Industry and Trade) are permitted to import; the quantity imported is deducted from the tariff quota import limit specified in the license issued by the Ministry of Industry and Trade.
Article 3. Effectiveness
This Circular takes effect from January 17, 2011 and ceases to be effective after December 31, 2011.
DEPUTY MINISTER
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