On 19/09/2018, the Ministry of Industry and Commerce issued Circular No. 27/2018/TT-BCT abolished the regulation on licensing automatic import of motorcycles with a cylinder capacity of 175 cm3 or more. This Circular takes effect on November 5, 2018.
Accordingly, Circular No. 27/2018/TT-BCT stipulates that motorbike importers who import motorbikes of 175 cm3 or more are not required to register for automatic import licenses at the Ministry of Industry and Trade, only do the procedure to import at customs offices according to current regulations.
Previously, in August, the Ministry of Industry and Commerce issued Circular No. 14/2017/TT-BCT deregulating the application of automatic import licensing regime for some steel products. Thus, together with the issuance of Circular 27/2018 / TT-BCT, the Ministry of Industry and Trade no longer applies automatic licenses for any export or import goods.
It can be seen that the complete abolition of the import license for motorbike automobiles with a cylinder capacity of 175 cm3 or more is a further effort of the Ministry of Industry and Trade in reforming administrative procedures and creating the environment. Business schools are convenient for businesses, contributing to improving the business environment, improving national competitiveness in the current period.