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blue-check Goods imported from Peru shall be entitled to CPTPP duty from September 19th, 2021

Decree No. 21/2022/ND-CP dated March 10th, 2022 of the Government on amending, supplementing to a number of articles of the Government's Decree No. 57/2019/ND-CPstatus2 dated June 26th, 2019 on the Preferential Export Tariff Schedule, the Special Preferential Import Tariff Schedule of Vietnam under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP Agreement) in the 2019 - 2022 period.
Posted: 11/3/2022 7:26:19 AM | Latest updated: 15/3/2022 8:50:45 AM (GMT+7) | LuatVietnam: 5410 | Vietlaw: 551
VietlawOnline

Under this Decree, from September 19th, 2021, goods from Peru imported into Vietnam shall be entitled to apply the special preferential duty rates under the CPTPP Agreement. In which, for the period from September 19th, 2021 to December 31st, 2021, the duty rates at the column with the symbol "(IV)” of the Preferential Import Tariff Schedule shall be applied and from January 1st, 2022 to December 31st, 2022, the duty rates at the column with the symbol "(V)" of the Preferential Import Tariff Schedule shall be applied.

For goods from Vietnam exported to Peru, they are also entitled to apply the special preferential export duty under the CPTPP Agreement. In which, for the period from September 19th, 2021 to December 31st, 2021, the duty rates at the column with the symbol "(IV)” of the Preferential Export Tariff Schedule shall be applied and from January 1st, 2022 to December 31st, 2022, the duty rates at the column with the symbol "(V)" of the Preferential Export Tariff Schedule shall be applied.

For shipments imported into Vietnam from Peru or exported from Vietnam to Peru from September 19th, 2021 to the date prior to the effective date of this Decree, if the goods meet the conditions for enjoying the special preferential duty rates according to Decree No. 57/2019/ND-CPstatus2 , this Decree and on which duties have been paid at a higher duty rate, duties shall be handled in terms of overpaid duties.

This Decree takes effect from the date of its signing.

Ms Phuong Thao (VietlawOnline.com)
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Effective Date 10-Mar-2022
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 551
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