WTO commitments: Only tariff on cars has not been cut up

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	Imported cars market: "twisted" under the policy
	Automobiles and spare parts contribute over VND 1,900 billion of tax at Hai Duong Customs

Imported car at Da Nang port. Picture: Ngoc Linh

Implementing the Law on Import and Export Duties No. 107/2016 / QH13, the Ministry of Finance has submitted to the Government for promulgation Decree No. 122/2016 / ND-CP on the Import and Export Tariff and Preferential Import and Export Tariff, List of goods and absolute tax rate, complex tax rate and import tax outside the tariff quotas.

By 2017, the average tariff of Vietnam's import tariff under Decree 122/2016 / ND-CP is 10.57%, lower than the tariff ceiling committed to cut about 3%. The export Tariff includes 123 commodity groups according 4-digit HS, in which according to the proportion of commodity lines, the goods subject to export tax currently are mainly minerals and metal ores.

So far, basically most of the commodities have been fully cut under the WTO commitments, except for some car types subject to heading 87.03 and 87.04, which will be cut by 2019.

The importer of Rolls Royce owes tax debts of nearly 2 billion VND VCN – After several commitments about tax debts payment, and deadline for the tax commitment passed over ...

To unify the implementation of the ASEAN Harmonized Tariff Nomenclature under commitments in the ASEAN region and provisions of Decree No. 08/2015 / ND-CP, the Government has issued Decree No. 125/2017 / ND- CP dated 16th November 2017 to amend and supplement Decree 122/2016 / ND-CP.