The Preferential Export and Import Tariff and out-of-quota duty rates

On May 31, 2023, the Government issues Decree No. 26/2023/ND-CP on the Export Tariff, the Preferential Import Tariff, and the list of commodity items and their specific duty rates, combined duty rates, and out-of-quota duty rates. 

A number of important contents are prescribed as follows:

Apply the preferential import duty rate of 150% for the objects as follows:

  • For used passenger cars with 16 seats or more under heading 87.02
  • Motorized cargo vehicles of a gross vehicle weight not exceeding 5 tons under heading 87.04 (except refrigerated trucks, refuse collection vehicles with refuse compressing devices, cistern vehicles, armored vehicles for transporting valuable cargoes, bulk-cement trucks, and hook-lift trucks), 
The Preferential Export and Import Tariff
The Preferential Export and Import Tariff and out-of-quota duty rates (Illustration)

In the period of 2022 - 2027, the output of automobiles manufactured or assembled under the Program on duty incentives for automobile manufacture or assembly is as follows:

  • Passenger cars with 09 seats or less, of a cylinder capacity not exceeding 2,500 cc. The minimum general outputs are 23000 pieces (12-month period of incentive consideration).
  • Trucks with a designed gross weight of 5 tons maximum: The minimum general outputs are 7000 pieces (12-month period of incentive consideration).
  • Trucks with a designed gross weight of over 5 tons: The minimum general outputs are 5000 pieces (12-month period of incentive consideration).

Dossiers and procedures for registration for participation in the Program on duty incentives, including:

  • An official letter for registration of automobile parts for participation in the Program on duty incentives, made according to Form No. 05 provided in Appendix II to this Decree: 01 original.
  • A certificate of eligibility for automobile manufacture or assembly: 01 certificated copy.

This Circular takes effect on July 15, 2023.

1900 6192 để được giải đáp qua tổng đài
090 222 9061 để sử dụng dịch vụ Luật sư tư vấn (CÓ PHÍ)
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