Headlines 04/07/2019 10:40 SA

CPTPP Tariff Schedules on preferential export duties now available for use

Kiều Nga

Government has promulgated the Decree No. 57/2019/ND-CP on Tariff Schedules on Preferential Export Duties and Specially Preferential Import Duties with a view to implementing CPTPP Agreement for the period of 2019 - 2022.

Tariff Schedules on Preferential Export Duties under CPTPP Agreement are set out in Appendix I to this Decree, including:

Commodity codes, description and preferential export duty rates applied to commodity codes over periods for exports to specific member states, provided in Point a of Clause 4 of Article 4 in this Decree.

For example, export duty rates will be applied in the period of 2019 – 2022 as follows:

- United Mexican States applies duty rates specified in Appendix I:

+ From January 14, 2019 to December 31, 2019 at the column bearing the symbol “(I)”.

+ From January 1, 2020 to December 31, 2019 at the column bearing the symbol “(II)”.

+ From January 1, 2021 to December 31, 2021 at the column bearing the symbol “(III)”.

+ From January 1, 2022 to December 31, 2022 at the column bearing the symbol “(IV)”.

- Australia, Canada, Japan, New Zealand and Singapore Republic apply duty rates specified in Appendix I:

+ From January 14, 2019 to December 31, 2019 at the column bearing the symbol “(II)”.

+ From January 1, 2020 to December 31, 2020 at the column bearing the symbol “(III)”.

+ From January 1, 2021 to December 31, 2021 at the column bearing the symbol “(IV)”.

+ From January 1, 2022 to December 31, 2022 at the column bearing the symbol “(V)”.

Read more details about Tariff Schedules on Specially Preferential Export Duties for implementation of CPTPP Agreement during the period of 2019 – 2022 in the Decree 57/2019/ND-CP (in force from June 26, 2019).

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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