DECREE

VIETNAM’S SPECIAL PREFERENTIAL IMPORT TARIFF SCHEDULE FOR IMPLEMENTATION OF THE FREE TRADE AGREEMENT BETWEEN THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIETNAM AND THE GOVERNMENT OF THE STATE OF ISRAEL IN 2024 - 2027 PERIOD

Pursuant to the Law on Government Organization dated June 19, 2015 and the Law on Amendments to the Law on Government Organization and the Law on Local Government Organization dated November 22, 2019;

Pursuant to the Law on Export and Import Duties dated April 06, 2016;

Pursuant to the Law on Customs dated June 23, 2014;

Pursuant to the Law on Treaties dated April 09, 2016;

Pursuant to the Law on Tax Administration dated June 13, 2019;

In the furtherance of the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel coming into force as of October 15, 2024;

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The Government hereby promulgates a Decree on Vietnam’s special preferential import tariff schedule for implementation of the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel in 2024 - 2027 period.

Article 1. Scope

This Decree promulgates Vietnam’s special preferential import tariff schedule for implementation of the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel (hereinafter referred to as “VIFTA”) in 2024 - 2027 period and conditions for grant of such special preferential import tariff rates under this Agreement.

Article 2. Regulated entities

1. Taxpayers as defined in the Law on Export and Import Duties.

2. Customs authorities and customs officials.

3. Organizations and individuals that have rights and obligations related to imports and exports.

Article 3. Vietnam’s special preferential import tariff schedule for implementation of VIFTA in 2024 - 2027 period

1. Vietnam’s special preferential import tariff schedule for implementation of VIFTA in 2024 - 2027 period (hereinafter referred to as “special preferential import tariff schedule”) includes codes, descriptions and special preferential import tariff rates in different periods to each code of goods imported from the territory of Israel into Vietnam.

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In a case where Vietnam’s nomenclature of exports and imports is amended, customs declarants must use descriptions and codes of goods according to the amended Nomenclature, and apply corresponding tariff rates put on such goods with amended codes as specified in the special preferential import tariff schedule enclosed with this Decree.

Classification of goods shall comply with regulations of the law of Vietnam.

3. The column “VIFTA tariff rate (%)” in the special preferential import tariff schedule means the tariff rate applied to different periods, including:

a) “2024”: the tariff rate applies from October 15, 2024 to December 31, 2024 inclusive;

b) “2025”: the tariff rate applies from January 01, 2025 to December 31, 2025 inclusive;

c) “2026”: the tariff rate applies from January 01, 2026 to December 31, 2026 inclusive;

d) “2027”: the tariff rate applies from January 01, 2027 to December 31, 2027 inclusive.

4. The symbol “*” denotes imports ineligible for the special preferential import tariff rates under the VIFTA. The management of import and import tariff rates put on these articles shall comply with regulations of law.

5. Special preferential import tariff rates applicable to certain articles of headings 04.07, 17.01, 24.01 and 25.01 are only applied within tariff quotas; the list of imports subject to tariff-rate quotas and annual import quotas thereof are stipulated by the Ministry of Industry and Trade and the out-of-quota tariff rates shall comply with the regulations enshrined in the Government's export tariff and import tariff schedules, and lists of commodities, specific, compound and out-of-quota import tariff rates in force at the time of import.

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Imports will be eligible for special preferential import tariff rates under the VIFTA if they:

1. are included in the special preferential import tariff schedule enclosed herewith, and

2. are imported to Vietnam from Israel, and

3. adhere to the rules of origin for goods and are accompanied by the Certificate of Origin in accordance with the VIFTA and prevailing regulations of law.

Article 5. Goods from Vietnam’s non-tariff areas

Imports from Vietnam’s non-tariff areas imported into the domestic market will be eligible for the special preferential import tariff rates under the VIFTA if they meet all conditions set out in clauses 1 and 3 Article 4 of this Decree.

Article 6. Effect

This Decree comes into force from October 15, 2024 to December 31, 2027 inclusive.

Article 7. Responsibility for implementation

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ON BEHALF OF THE GOVERNMENT
PP. PRIME MINISTER
DEPUTY PRIME MINISTER




Ho Duc Phoc

Nghị định 131/2024/NĐ-CP về Biểu thuế nhập khẩu ưu đãi đặc biệt của Việt Nam để thực hiện Hiệp định Thương mại tự do giữa Chính phủ nước Cộng hòa xã hội chủ nghĩa Việt Nam và Chính phủ Nhà nước I-xra-en giai đoạn 2024-2027