Additional goods that do not enjoy preferential tariffs according to the Vietnam - Laos Trade Agreement
On December 30, 2022, the Government issued Decree 127/2022/ND-CP on Vietnam's special preferential import tariff schedule to implement the Trade Agreement between Vietnam and Laos from December 30, 2022. 2022 to October 4, 2023.
In particular, additional imported goods do not enjoy special preferential taxes under the Vietnam - Laos Trade Agreement, for example:
– Cigarettes using water pipes are detailed in Subheading Note 1 of this Chapter: Code 2403.11
+ Packaged for retail sale: Code 2403.11.10;
+ Other types: Code 2403.11.90.
– Products containing tobacco leaves, reconstituted tobacco leaves, nicotine or tobacco substitutes or nicotine substitutes, used for smoking without burning; Other nicotine containing products used to inject nicotine into the human body: Code 24.04…
Goods imported from Lao PDR, listed in Appendix I of Decree 127/2022/ND-CP, enjoy special preferential import tax rates equal to 50% ATIGA tax rate specified in the Special Preferential Import Tariff Schedule. attached to Decree 126/2022/ND-CP if it meets the conditions specified in Article 8 of Decree 127/2022/ND-CP.
If the ATIGA tax rate is higher than the preferential import tax rate specified in the Export Tariff, Preferential Import Tariff, List of goods and absolute tax rate, mixed tax, import tax outside the tariff quota of the Government at the time of import and the documents amending and supplementing (if any) (MFN Tariff), the special preferential import tax rate equal to 50% shall apply the tax rate specified in the MFN Tariff.
Decree 127/2022/ND-CP takes effect from December 30, 2022 and replaces Decree 90/2021/ND-CP
