On November 15th 2013, the Ministry of Finance issued Circular No. 162/2013/TT-BTC promulgating the special preferential import tariff of Vietnam for implementing the Vietnam - Chile free commercial Agreement for the period of 2014 -2016.
This tariff includes 9098 tax lines applicable to bilateral import goods between Vietnam and Chile in the period from 2014 to 2016. The tax rate of this tariff is shortly called VCFTA
Conditions to be eligible for VCFTA preferential tax rates prescribed as follows:
- Having HS code which belongs to this Tariff
- Imported from Chile to Vietnam
- Having C/O form VC
If processing goods which exported in place and imported from duty-free zones into the domestic market have C/O Form VC and HS code belonging to this Tariff are also eligible for VCFTA tax rates
This Circular takes effect from January 1, 2014.
Please find attach hereunder the Vietnamese version of this Circular and the Tariff Schedule.