July 07, 2020 10:11

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Which condition enjoys special preferential tariff?

09:59 | 27/05/2020

VCN – Dealing with a question of Petro Vietnam Gas Joint Stock Corporation relating to enjoying special preferential tariff for the liquefied natural gas (LNG), according to the General Department of Vietnam Customs, to get this special preferential tariff, enterprises must meet four conditions as stipulated in the decrees promulgating Vietnam’s special preferential import tariff schedule for the implementation of free trade agreements.

To apply special preferential tariff, enterprises must meet conditions as stipulated specifically in the decrees promulgating Vietnam’s special preferential import tariff schedule.

which condition enjoys special preferential tariff
Cao Bang customs official conducted physical inspection. Photo: T.Bình

The first condition is that goods must be in the Vietnam’s special preferential import tariff schedule promulgated with decrees on special preferential import tariff schedule and goods are imported from member countries of the trade deal.

The goods must be transported directly from export country which is a member of the trade deal and Vietnam as regulated by the Ministry of Industry and Trade.

Besides that, goods must meet the regulations on origin of goods in each trade deal, having C/O of goods with sample form complied with current regulations.

By Đảo Lê/Thanh Thuy