Decision No. 81/2005/QD-BTC stipulates a tariff rate of 12% for textile and apparel products imported from the EU or Australia, and applies a preferential tariff rate if it is higher. The Decision takes effect fifteen days after its publication.
Scope of application
Import enterprises of textile and apparel products from the EU or Australia; customs authorities; ministries, ministerial-level agencies, and government agencies; Chairpersons of People's Committees of provinces and centrally governed cities.
Key points
- Import of textile and apparel products from the EU or Australia → subject to a tariff rate of 12% → no specific monetary amount.
- If the prescribed tariff rate is higher than the most-favored-nation (MFN) rate, the MFN rate shall be applied → no specific monetary amount.
- The Decision takes effect fifteen days after its publication → no specific duration.
- Applies to import declarations registered with customs authorities → no specific conditions.
- Ministries, ministerial-level agencies, government agencies, and Chairpersons of People's Committees of provinces and centrally governed cities shall coordinate to implement this Decision → no specific monetary amount.
🌐 Social impact of this document
- Positive impact: Reduces the tax burden for enterprises importing textile and apparel products from the EU or Australia.
- Negative impact: May disadvantage domestic enterprises without origin certificates from the EU or Australia.
❓ Frequently asked questions
What is the tariff rate?
The applicable tariff rate is 12% for textile and apparel products imported from the EU or Australia.
When does this Decision take effect?
The Decision takes effect fifteen days after its publication.
If the prescribed tariff rate is higher than the most-favored-nation (MFN) rate, which tariff rate will be applied?
Apply the MFN rate if it is higher than the prescribed rate under Article 1.
To whom does this Decision apply?
It applies to enterprises importing textile and apparel products from the EU or Australia and customs authorities.
Is there a specific duration for applying this Decision?
There is no specific duration mentioned in the text.
Full text
DECISION
Regarding the implementation of commitments under the Agreement on Textiles and Apparel Trade
signed between Vietnam and the United States
THE MINISTER OF FINANCE
Pursuant to the Law on Export Tax and Import Tax dated December 26, 1991 and the Laws amending and supplementing the Law on Export Tax and Import Tax dated July 5, 1993; Decision No. 04/1998/QH10 dated May 20, 1998;
Pursuant to the Agreement on Textiles and Apparel Trade signed between Vietnam and the United States for the period 2003-2005.
Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government on the tasks, powers, and organizational structure of the Ministry of Finance;
At the proposal of the Director of the Policy Department and the Director of the International Cooperation Department,
DECISION:
Article 1. Apply an import tariff rate of 12% (twelve percent) for goods belonging to groups from 6301 to 6307 as set forth in Decision No. 19/2004/QĐ/BTC dated February 16, 2004 of the Minister of Finance on the issuance of the List of Goods and Import Tariff Rates to implement the reduction schedule of import tariffs according to the Agreement on Textiles and Apparel Trade signed between Vietnam and the United States for the period 2003-2005.
Article 2. The provision of Article 1 shall apply to textile and apparel products with certificates of origin issued by the European Union (EU) or Australia.
Article 3. For those products subject to the import tariff rates specified in Article 1 above which are higher than the Most-Favored-Nation (MFN) import tariff rates stipulated in the current Preferential Import Tariff Schedule, the applicable import tariff rate for these products shall be the MFN rate.
Article 4. This Decision shall take effect and be applied to import declarations registered with customs authorities fifteen days after its publication in the Official Gazette. Ministers of Ministries, Heads of agencies at ministerial level, Heads of agencies under the Government, Chairpersons of People's Committees of provinces and centrally-administered cities shall coordinate to ensure the implementation of this Decision./.
DEPUTY MINISTER
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