Headlines 27/05/2021 14:07 CH

Preferential tariff schedules for implementation of UKVFTA are now available for use

Lê Ánh

On May 21, 2021, the Government promulgates the Decree No. 53/2021/ND-CP regarding Preferential Export Duty and Specially Preferential Import Duty Schedules of Vietnam for implementation of UKVFTA during the period of 2021-2022.

The Decree No. 53/2021 encloses:

- Preferential Export Duty Schedule for implementation of UKVFTA (Appendix I), including:

Commodity codes, description and preferential export duty rates applied to specific commodity codes in phases for export to the United Kingdom of Great Britain and Northern Ireland;

- Specially Preferential Import Duty Schedule for implementation of UKVFTA (Appendix II), including:

Commodity codes, description and specially preferential import duty rates applied to specific commodity codes in phases for import into Vietnam from the following territories:

+ United Kingdom of Great Britain and Northern Ireland;

+ Socialist Republic of Vietnam (applicable to goods imported from non-tariff zones into local markets).

Decree No. 53/2021/ND-CP is entering into force as of May 21, 2021.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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