Preferential export and import tariffs apply from July 15, 2023. (Source: Investment Newspaper)

Accordingly, the preferential export and import tax schedule according to the List of taxable items applied from July 15, 2023 is specifically as follows:

Export tax schedule according to the list of taxable items

The export tax schedule according to the List of taxable items specified in Appendix I issued with Decree 26/2023/ND-CP includes commodity codes (commodity codes), commodity descriptions, and export tax rates prescribed for each group of items and items subject to export tax.

In case the exported goods are not listed in the Export Tariff, the customs declarant shall declare the goods code of the exported goods corresponding to the 8-digit goods code of that goods according to the Preferential Import Tariff prescribed in Section I, Appendix II issued together with Decree 26/2023/ND-CP and shall not have to declare the tax rate on the export goods declaration.

Export items belonging to group No. 211 in the Export Tariff must simultaneously satisfy the following two conditions:

- Condition 1: Supplies, raw materials, semi-finished products (collectively referred to as goods) do not belong to groups with numbers from 01 to 210 in the Export Tariff.

- Condition 2: Directly processed from main raw materials which are resources and minerals with the total value of resources and minerals plus energy costs accounting for 51% or more of the product's production cost.

The determination of the total value of resources, minerals plus energy costs accounting for 51% or more of the product production cost shall be implemented according to the provisions of Decree 100/2016/ND-CP and Decree 146/2017/ND-CP and amendments and supplements (if any).

Exported goods subject to the exclusion cases specified in Clause 1, Article 1 of Decree 146/2017/ND-CP are not in group No. 211 of the Export Tariff issued with Decree 26/2023/ND-CP.

Export tax codes and tax rates for items in group number 211:

- For items with detailed 8-digit codes and product descriptions of groups 25.23, 27.06, 27.07, 27.08, 68.01, 68.02, 68.03 in Item 211 of the Export Tariff, customs declarants declare the export tax rate corresponding to that item code specified in Item 211.

In case the export tax rate is not declared as prescribed in group No. 211, the taxpayer must submit a list of the ratio of value of resources, minerals plus energy costs in the product cost of exported goods according to Form No. 14 in Appendix II issued with Decree 26/2023/ND-CP at the time of customs procedures to prove that the declared goods have a total value of resources, minerals plus energy costs of less than 51% of the product cost.

In case the taxpayer is a commercial enterprise purchasing goods from a manufacturing enterprise or another commercial enterprise for export but does not declare the export tax rate as prescribed in group No. 211, the taxpayer shall base on the information provided by the manufacturing enterprise to declare according to Form No. 14 in Appendix II above to prove that the ratio of resources, minerals plus energy costs is less than 51% of the product cost.

Taxpayers are responsible before the law for the accuracy of their declarations.

- For exported goods belonging to group No. 211 but not yet specified with 8-digit commodity codes and meeting the above conditions, customs declarants shall declare exported goods according to the 8-digit commodity codes specified in Section I, Appendix II on the Preferential Import Tariff Schedule issued together with Decree 26/2023/ND-CP and declare the export tax rate as 5%.

Preferential import tax schedule according to the List of taxable items

Preferential import tariff schedule according to the List of taxable items (Preferential import tariff schedule) specified in Appendix II issued with Decree 26/2023/ND-CP includes:

- Section I: Regulations on preferential import tax rates for 97 chapters according to the List of Vietnam's export and import goods. Contents include: Names of Parts, Chapters; Notes; Subgroup notes; List of Import Tax Schedules including description of goods, product codes (08 digits) according to the List of Vietnam's export and import goods, preferential import tax rates prescribed for taxable goods.

In case the List of Vietnamese export and import goods is amended or supplemented, the customs declarant shall declare the description and code of the goods according to the amended or supplemented List and apply the tax rate of the amended or supplemented code.

- Section II: Regulations on the List of goods and preferential import tax rates for some goods in Chapter 98. Contents include: Notes; Classification method, conditions, procedures for applying preferential import tax rates prescribed in Chapter 98, report on inspection and settlement of the use of goods subject to preferential import tax rates prescribed in Chapter 98; List of goods and preferential import tax rates.

+ Items listed in the List of goods and preferential import tax rates specified in Clause 3, Section II, Appendix II issued with Decree 26/2023/ND-CP shall apply the preferential import tax rates specified in Clause 3, Section II, Appendix II.

The classification of goods and application of preferential import tax rates in Chapter 98 for synchronous separate automobile components (CKD automobile components), non-synchronous automobile components, chassis with engine and cockpit (car chassis with cockpit) are implemented according to the provisions in Clause 1.1, Section II, Appendix II.

Items: Alloy steel containing the elements Boron and/or Chromium and/or Titanium of heading 98.11; Dermal fillers, Skin protection creams, Scar reduction gels of heading 98.25; Nylon fabric 1680/D/2 and 1890 D/2 of heading 98.26; Copper wire with a maximum cross-sectional dimension exceeding 6 mm but not exceeding 8 mm of heading 98.30; Polypropylene plastic granules in primary form of heading 98.37; Non-alloy steel, in bars and irregularly wound coils, hot-rolled of heading 98.39; Set-top-boxes of heading 98.46; Net-shaped panels made from Nano-composite Polymeric Alloy (Neoweb) material in group 98.47 are subject to preferential import tax rates in Chapter 98 if they meet the standards and technical specifications specified in Clause 1, Section II, Appendix II.

+ Classification method, conditions, procedures for applying preferential import tax rates prescribed in Chapter 98, report on final settlement of the use of goods subject to preferential import tax rates prescribed in Chapter 98: Implement according to the provisions in Clause 2, Section II, Appendix II.

+ List of goods and preferential import tax rates prescribed in Chapter 98 for some goods include: Goods code; description of goods; corresponding goods code of that item in Section I, Appendix II on Preferential import tax schedule according to the List of taxable goods; preferential import tax rates prescribed in Chapter 98.

+ Goods that meet the conditions for classification into Chapter 98 and are eligible for special preferential import tax rates according to current regulations may choose to apply special preferential import tax rates specified in the Special Preferential Import Tax Schedules or preferential import tax rates specified in Chapter 98 of the Preferential Import Tax Schedule.

For goods classified in Chapter 98, when carrying out customs procedures, the customs declarant shall declare in the column "Corresponding goods code in Section I, Appendix II" stated in Chapter 98, and write next to the goods code of Chapter 98.