ANNOUNCEMENT 07 May 2015

In May 2015, the government of Vietnam announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



English translation of Circular No. 36/2015/TT-BTC

http://asemconnectvietnam.gov.vn/law.aspx?ZID1=0&ID1=2&MaVB_Id=2311&CapBanHanhID=112&TukhoaCoSanID=14&pagenum=2

News article
Increase the export tax rates applicable to gold jewelry, goldsmiths' wares by 2% from may 07, 2015

http://lawyer24h.net/increase-export-tax-rates-applicable-gold-jewelry-goldsmiths-wares-2-07-2015/


Inception date: 07 May 2015 | Removal date: open ended
Still in force

Import tariff

Effective 7 May 2015, Vietnam increased the importy duty from 0 to 2% on gold with more than 95% purity, specifically for article of gold jewellery (HS 7113), articles of goldsmith's wares (HS 7114) and other articles of precious metal (HS 7115). The measure was published through Circular No. 36/2015/TT-BTC dated 23 March 2015.
 
Articles of gold with less than 95% purity under the above tariff lines are still exempt from import duty.

AFFECTED SECTORS