Circular No. 40/2015/TT-BCT on the Implementation of Rules of Origin under the Vietnam-Korea Free Trade Agreement applies to enterprises exporting goods to Korea. This Circular takes effect from January 1, 2016.
적용 범위
Enterprises exporting goods to Korea
핵심 사항
- Enterprises may use the Rules of Origin and the Certificate of Origin Issuance Process set out in Appendices I, II, III, IV, V, VI, VII, VIII, IX of this Circular to determine the origin of goods.
- The procedures for issuing and verifying Certificates of Origin shall be carried out in accordance with the provisions of Appendix IV issued together with this Circular and Circular No. 06/2011/TT-BCT dated March 21, 2011 of the Ministry of Industry and Trade.
🌐 이 문서의 사회적 영향
- Positive impact: Helps enterprises accurately determine the origin of goods and take advantage of preferential tariffs under the VKFTA Agreement.
- Negative impact: May cause additional costs and complex procedures for enterprises during the issuance and verification of Certificates of Origin.
❓ 자주 묻는 질문
What do enterprises need to do to determine the origin of goods?
Enterprises must comply with the Rules of Origin (Appendix I) and the Certificate of Origin Issuance Process (Appendix IV) of this Circular.
How is the Certificate of Origin issuance procedure conducted?
The Certificate of Origin issuance procedure is carried out in accordance with the provisions of Appendix IV issued together with this Circular and Circular No. 06/2011/TT-BCT dated March 21, 2011 of the Ministry of Industry and Trade.
When does this Circular take effect?
This Circular takes effect from January 1, 2016.
What preparations do enterprises need to make to determine the origin of goods?
Enterprises need to prepare information on the Rules of Origin (Appendix I) and Certificate of Origin forms (Appendices V and VI).
How many Appendices accompany this Circular?
This Circular issues nine Appendices: Rules of Origin (Appendix I), Specific Product Rules (Appendix II), Guidance on Implementing Article 6 of Appendix I (Appendix III), Procedures for Issuing and Verifying Origin (Appendix IV), Form of Certificate of Origin VK issued by Vietnam (Appendix V), Form of Certificate of Origin KV issued by Korea (Appendix VI), Supplementary Declaration Form for Certificate of Origin (Appendix VII), Guidance on Filing Certificate of Origin (Appendix VIII) and List of Organizations Issuing Certificate of Origin (Appendix IX).
전문
CIRCULAR
Regulations on the Implementation of Rules of Origin in
the Vietnam-Korea Free Trade Agreement
__________________________
Pursuant to Decree No. 95/2012/NĐ-CP dated November 12, 2012, of the Government, detailing the functions, tasks, powers, and organizational structure of the Ministry of Industry and Trade;
Pursuant to Decree No. 19/2006/NĐ-CP dated February 20, 2006, promulgated by the Government detailing the Law on Commerce regarding the origin of goods;
To implement the Vietnam-Korea Free Trade Agreement signed officially on May 5, 2015, in Hanoi, Vietnam, between the Government of the Socialist Republic of Vietnam and the Government of the Republic of Korea;
At the proposal of the Director of the Department of Import-Export;
The Minister of Industry and Trade issues this Circular to regulate the implementation of rules of origin in the Vietnam-Korea Free Trade Agreement.
Article 1. Vietnam-Korea Rules of Origin
Attached to this Circular are the following Appendices to guide the implementation of Chapter 3 of the Rules of Origin and the Certificate of Origin Issuance Procedure in the Vietnam-Korea Free Trade Agreement (hereinafter referred to as the VKFTA):
1. Rules of Origin (Appendix I);
2. Specific Product Rules (Appendix II);
3. Guidelines for Implementing Point 6 of Appendix I (Appendix III);
4. Certificate of Origin Issuance and Verification Process (Appendix IV);
5. Model C/O VK issued by Vietnam (Appendix V);
6. Model C/O KV issued by Korea (Appendix VI);
7. Supplementary Declaration Form for C/O (Appendix VII);
8. Certificate of Origin Filing Guidelines (Appendix VIII); and
9. List of Organizations Issuing Certificates of Origin (Appendix IX).
Article 2. Certificate of Origin Issuance and Verification Procedures
Certificate of Origin issuance and verification procedures shall be carried out in accordance with the provisions set forth in Appendix IV attached to this Circular and Circular No. 06/2011/TT-BCT dated March 21, 2011, of the Ministry of Industry and Trade on the procedures for issuing preferential certificates of origin (amended and supplemented by Circular No. 01/2013/TT-BCT dated January 3, 2013, of the Ministry of Industry and Trade).
Vu Huy Hoang
DEPUTY MINISTER
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