Customs Alert - Decree on promulgating Import & Export tariff schedule for EVFTA

On September 18th 2020, Prime Minister Nguyen Xuan Phuc approved the promulgation of Decree no. 111/2020/ND-CP (Decree) relating to Vietnam’s import & export tariffs schedule in accordance to the European Union Vietnam Free Trade Agreement (EVFTA), for the period of 2020 – 2022.

The Decree takes effect from 18th September 2020.

It is worth noting that according to the Decree, for all Customs import & export declarations registered from 01st August 2020 until the effective date of the Decree, if the goods satisfied all conditions to benefit from the preferential/special-preferential export/import duty rate as required by law, but the Customs declarant had already declared and paid Customs duties applying the higher rate (normal duty rate or MFN import duty rate), the declarant will be allowed to claim back the overpaid duty amount (refund or offset against other payable liabilities, etc.).

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[ENG] Mazars Vietnam Customs Alert_​Decree on promulgating Import & Export tariff schedule for EVFTA
[VIE] Mazars Vietnam_​Tin Hải quan_​ Ban hành biểu thuế xuất khẩu ưu đãi & biểu thuế nhập khẩu ưu đãi đặc biệt theo hiệp định

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