JOINT CIRCULAR No. 77/1999/TTLT/BTC-BTM-TCHQ GUIDING THE IMPLEMENTATION OF DECISION No. 181/1998/QĐ-TTg dated September 1, 1998 of the Prime Minister on reducing import duties for goods produced in the Lao People's Democratic Republic

CIRCULAR

Implementing Decision No. 181/1998/QĐ-TTg dated September 21, 1998 of the Prime Minister on reducing import duties for goods produced in the Lao People's Democratic Republic

To implement Decision No. 181/1998/QĐ-TTg dated September 21, 1998 of the Prime Minister on reducing import duties for goods produced in the Lao People's Democratic Republic; Based on the guidance of the Prime Minister as stated in Circular No. 912/VPCP-KTTH dated March 6, 1999 regarding the handling of import duties for goods imported from Laos.

The Ministry of Finance - Ministry of Trade - General Department of Customs shall guide implementation as follows:

I. SCOPE OF APPLICATION

1- Goods produced in the Lao People's Democratic Republic, when imported into Vietnam, are subject to an import duty rate equal to 50% of the preferential tariff rate specified in the Preferential Import Tariff Schedule if they meet the following conditions:

1.1- They must be included in the List of Goods attached hereto.

1.2- They must have a Certificate of Origin issued by the Department of Foreign Trade - Ministry of Trade - Lao People's Democratic Republic, confirming that the goods originate from Laos (in accordance with the form C/O, seal and signature attached to this Circular).

1.3- The goods must be transported into Vietnam through official border gates on the Vietnam-Laos border.

2- Procedures for presenting the Certificate of Origin:

To be carried out in accordance with current regulations of the Ministry of Trade and the General Department of Customs.

II. OTHER PROVISIONS

Provisions concerning tax calculation bases; tax collection, accounting, reporting on tax revenue results; exemption and reduction of import duties; refunding of taxes, recovery of taxes due, and handling of violations shall be implemented in accordance with the Law on Export Duties and Import Duties and current guiding documents.

The General Department of Customs is responsible for periodically reporting every six months and annually to the Ministry of Finance and the Ministry of Trade regarding the quantity and value (trade volume) of goods imported under this Circular.

III. IMPLEMENTATION

This Circular takes effect from the date of issuance.

During implementation, any issues or difficulties should be reported to the Ministry of Finance for timely guidance and supplementation.