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Special preferential import tariff of Asean – India

by hptoancau / Friday, 21 February 2020 / Published in Vietnam - India

On December 27, 2017, the Government issued Decree 159/2017 / ND-CP, which stipulates special preferential import tax rates for the implementation of the ASEAN-India Trade in Goods Agreement. Framework Agreement on ASEAN – India Comprehensive Economic Cooperation 2018 – 2022 and the eligibility for the special preferential import tariff under this Agreement.

View The special preferential import tariff schedule  – Click the line below:

“Special preferential import tariff of Asean – India for the period of 2018 – 2022”

Article 4. Eligibility for special preferential import tariff rate

Imports must meet the following requirements to be eligible for the AIFTA rates:

1. Be defined on the special preferential import tariff schedule enclosed herewith.

2. Be imported from member states of the ASEAN – India Agreement on Trade in Goods, including:

a) Brunei Darussalam;

b) Kingdom of Cambodia;

c) Republic of Indonesia;

d) Lao People’s Democratic Republic;

dd) Malaysia;

e) Republic of the Union of Myanmar;

g) Republic of the Philippines;

h) Republic of Singapore;

i) Kingdom of Thailand;

k) Republic of India;

l) Socialist Republic of Vietnam (goods imported from free trade zones to the domestic market).

3. Be transported directly from exporting countries specified in Clause 2 Article 4 hereof into Vietnam according to regulations of the Ministry of Industry and Trade.

4. Adhere to the rules of origin for goods in the ASEAN – India Agreement on Trade in Goods and possess a Certificate of origin (C/O) of form A1 in accordance with applicable regulations of laws.

Tagged under: Special preferential import tariff of Asean - India

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