On 30/10/2018, the Ministry of Industry and Commerce issued Circular No. 38/2018/TT-BCT regulating the implementation of the certificate of origin under the preferential tariff regime of the European Union, Norway, Switzerland, and Turkey. This Circular takes effect on December 14, 2018.
Accordingly, Circular 38/2018/TT-BCT provides for the procedures for certifying the origin of goods for traders exporting goods to the European Union, Norway, Switzerland, and Turkey under the regime the preferential tariffs of these countries, as follows:
First, traders who wish to enjoy preferential tariffs when exporting to the European Union, Norway, Switzerland, and Turkey must register the REX code at the receiving organization registering the REX code and issuing the certificate from the GSP certificate of origin.
Second, for lots of GSP exports with a total value of no more than 6,000 (six thousand) EUR (based on ex-factory prices), merchants shall be certified as originating for such consignments without registration of codes REX in accordance with this Article.
Third, the cases are exempted from the GSP certificate of origin:
– Case 1: GSP Certificate of Origin is exempt when small packaged goods with a total value of no more than EUR 500 (five hundred) or personal belongings with a total value not exceeding over 1,200 (one thousand two hundred) EUR.
– Case 2: The goods mentioned in the mentioned above case 1 are not allowed to be imported for commercial purposes, only for personal use and the importation takes place irregularly.
Therefore, in order to ensure the conditions for enjoying preferential tariffs on Vietnamese goods exported to the European Union, Norway, Switzerland, and Turkey, the origin of goods. This regulation contributes to the prestige, quality and brand name of Vietnam in the fastidious markets in the world. This is especially important when Vietnam is still in the process of global economic integration.