We would like to know condition to enjoy preferential tax following VKFTA when we import cosmetic Korea.
‘Pursuant to Article 4 of Decree No. 149/2017 / ND-CP on Conditions for application of preferential import tax rate under trade agreements between Vietnam and Korea.
Article 4. Conditions for application of particularly preferential import tax rates
Imported goods eligible for the VKFTA tax rate must fully meet the following conditions:
- Being on the Special Preferential Import Tariff promulgated together with this Decree.
- Being imported from South Korea to Vietnam.
- Being transported directly from Korea into Vietnam by the Ministry of Industry and Trade.
- Satisfying the provisions on goods origin in the Vietnam-South Korea Free Trade Agreement, having a certificate of origin (C / O) form KV, according to current law provisions.