Headlines 26/11/2021 22:34 CH

More imports are subject to 0% preferential tariff rate

Quý Tân

The Government promulgates the Decree No.101/2021/ND-CP amending the Decree No. 57/2020/ND-CP and the Decree No.122/2016/ND-CP on the Schedule of Export Duties and the Schedule of Preferential Export Duties.

According to this document, more imports subject to 0% preferential tariff rate include:

- Adding oil seeds and oleaginous fruits used for sowing that are assigned the code 9805.00.00 to the range of headings from 98.01 to 98.48 and the range of headings from 98.50, 98.51 and 98.52 at point 1, clause II, Section II, Appendix II in the Decree No. 57/2020.

Their corresponding codes stated in Section I of Appendix II are 1207.30.00, 1207.40.90, 1207.50.00, 1207.60.00, 1207.70.00, 1207.91.00, 1207.99.40, 1207.99.50 and 1207.99.90.

- Adding ECU engines used for motor vehicles that are assigned the code 9849.46.00 to the range of 98.49 headings at point 2, clause II, Section II, Appendix II in the Decree No. 57/2020.

Their corresponding code stated in Section I of Appendix II is 8537.10.99.

In addition, adjusting export duty rates and preferential import duty rates applied to several headings prescribed in clause 1 of Article 2 in the Decree No. 57/2020:

- Appendix I – Export duty schedule relative to the list of dutiable goods;

- Appendix II - Preferential import duty schedule relative to the list of dutiable goods.

Decree No. 101/2021/ND-CP is entering into force as of December 30, 2021.

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