Circular No. 07/2021/TT-BTC stipulating deadline to submit Certificate of Origin for imported goods under the EVFTA Agreement

25/01/2021    85

Date: 25/01/2021

By: Ministry of Finance

Circular No. 07/2021/TT-BTC stipulates that declarants must submit C/O at the time of implementation of customs procedures under the provisions of point a of clause 1 of Article 7 in the Circular No. 38/2018/TT-BTC dated April 20, 2018.

If C/O is not available at the time of implementation of customs procedures in order to be entitled to special preferential import tariffs, it must be supplemented within its effective duration and no later than 02 years from the date of registering Customs import declaration form

Determination of origin of goods for application of special preferential import tariff under the EVFTA Agreement shall comply with Circular No. 38/2018/TT-BTC dated April 20, 2018 and Circular No. 62/2020/TT-BTC dated September 5, 2020.

For import declarations registered from 01/08/2020 to the effective date of this Circular, if the shipment satisfies all the requirements in order to enjoy special-preferential import tariff rates (under the provision of EVFTA and Decree No. 111/2020/ND-CP dated 18/09/2020) and declared import tariff rate is higher than the applicable EVFTA import tariff rate, the declarant is allowed to submit C/O to the Customs authority and request for settlement of tariff overpayment accordingly.

The Circular is attached below: