Dispute Resolution
Import Duty Rates 0% With Goods Imported From Korea

Import Duty Rates 0% With Goods Imported From Korea

Update: 27/12/2016 | 9:34:29 AM - Dragon Law Firm

Having high professional lawyers and legal specialists, Dragon Law support Clients with best legal services.

The special preferential import duty to implement the ASEAN Trade in Goods Agreement - Korea from 2016 to 2018 is prescribed by the Government dated September 1, 2014 and enclosed with Decree No. 130/2016/ND-CP.

Dragon Law_Import Tax

Thus, it is noticeable that the provisions on import duty rate was 0% since 2016 – 2018 with goods transferred directly from the countries which are member of the ASEAN Trade in Goods Agreement, including: Brunei, Cambodia, Indonesia, Laos, Myanmar, Philippines, Singapore, Thailand, Korea and goods imported from non-tariff zones to the domestic market.

Specifically, wind musical instruments, excluding fairground organs, men's wind turned the street buskers; Pianos, including automatic piano; Orthopaedic appliances, including crutches, surgical belts and trusses; Camcorders and Cinema, with or without equipment sound recording or reproducing; Telephone answering machines; Agricultural machinery, horticultural or forestry machinery for soil preparation or cultivation; Laminating machine for lawn sports or playground; Ready-made garments and apparel accessories for children; Embroidery in the piece, in strips or on the pattern; Carpets and other textile floor coverings, be tufted, completed or not...

This Decree comes into force September 1, 2016.

 

For more detail kindly contact to Dragon Law at:

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