Circular No. 169/2014/TT-BTC dated November 14th 2014 of Ministry of Finace on promulgation of special preferential import tariff of Vietnam to implement ASEAN – India Trade in Goods Agreement (AITIGA)

01/01/2015

On November 14th 2014, the Ministry of Finance of Vietnam issued Circular No. 169/2014/TT-BTC dated 14 November 2014 prescribing special preferential import tariff to implement ASEAN - India Trade in Goods Agreement (AITIGA) for the period 2015-18 with effect from 01 January 2015 (preferential tax rates).

The average tax rate of AITIGA Tariff for 2015-18 period is 7.38%/year, 2.15% lower than in 2014, especially in 2018 the tariff for part of the normal list is eliminated in accordance with Vietnam’s commitments in the Agreement. These items include groups of candy, cotton, tea, coffee, rubber, fertilizer, fisheries, animal feed, vegetable, paper, wood, parts and components, the transportation, plastics, chemicals, petroleum, iron and steel, machinery and equipment ...

The full text of Circular is attached below:

1. The Circular 169/2014/TT-BTC

2. Preferential tariff schedule implementing AIFTA 2015-2018