Headlines 28/11/2018 18:03 CH

Procedures for grant of AANZ sample C/O conform to new regulations

Nguyễn Thương

On November 12, 2018, the Ministry of Industry and Trade promulgated the Circular No. 42/2018/TT-BCT amending and supplementing the Circular No. 31/2015/TT-BCT prescribing implementation of rules of origin in the Agreement Establishing the ASEAN – Australia – New Zealand Free Trade Area (AANZFTA).

Pursuant to the Circular, procedures for grant of AANZ sample C/O are subject to the Decree No. 31/2018/ND-CP elaborating on the Law on Foreign Trade Management in terms of the origin of goods and the Circular No. 05/2018/TT-BCT prescribing the origin of goods.

Currently, procedures for grant of AANZ sample C/O conform to the Circular No. 06/2011/TT-BCT prescribing procedures for grant of preferential certificates of origin and the Circular No. 01/2013/TT-BCT amending and supplementing the Circular No. 06.

Implementation of these procedures is also subject to provisions set forth in the Appendix III to the Circular No. 31/2015/TT-BCT.

Additionally, the Appendix II – Product specific rules to the Circular No. 31/2015/TT-BCT will be replaced by another appendix to the Circular No. 42.

The Circular No. 42/2018/TT-BTC will enter into force on January 1, 2019.

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