Headlines 10/01/2023 09:35 SA

Conditions for grant of preferential export tariff rates under UKVFTA Agreement

Nguyễn Thị Diễm My

On December 30, 2022, the Government has promulgated the Decree No. 117/2022/ND-CP promulgating Vietnam’s preferential export tariff schedule and special preferential import tariff schedule for implementation of the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland in 2022 – 2027 period.

Accordingly, exported goods of Vietnam shall be eligible for the preferential export tariff rates under UKVFTA Agreement if:

- They are imported to the United Kingdom of Great Britain and Northern Ireland.

- They are supported by transport documents (photocopies) showing that the destination is in the United Kingdom of Great Britain and Northern Ireland in accordance with regulations of law in force (previously, copies).

- They are supported by the customs declaration for imports or other substituting documents for the shipment exported from Vietnam into the United Kingdom of Great Britain and Northern Ireland (photocopies) in accordance with regulations of law in force (previously, copies).

The customs declarant shall provide Vietnamese or English translations of these documents if they are made in a language other than Vietnamese or English language, and assume responsibility for such provided translations.

The Decree No. 117/2022/ND-CP is coming into force from December 30, 2022 and supersedes the Decree No. 53/2021/ND-CP.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to [email protected].

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