Library

Decree 125/2016/ND-CP: Preferential Import Tariff for Goods from Japan

Decree 125 stipulated the Vietnam’s preferential import tariff in particular to implement the Vietnam – Japan agreement on economic partnership in the period 2016 -2019 and the conditions for enjoying this preferential import tariff under this agreement. The Decree is issued by the Vietnam Government.

Decree 125 includes 7 specific provisions: the scope of regulation, subjects of application, the preferential import tariff tables, conditions for applying the preferential import tariff, goods from the duty free area of Vietnam, validity and responsible for implementation.

Issued together with this Decree is a long list of goods and commodities with specific tax rates.

Decree 125 comes into effect from September 1st 2016. Along with this issuance is the abolition of Circular 25/2015/TT-BTC dated February 14th 2015 issued the preferential import tariff tables of Vietnam in particular to implement the agreement between Vietnam and Japan on economic partnership in the period 2015 – 2019.

ANT Lawyers

Recent Posts

The 2024 Amended Securities Law: A Bold Step Towards Market Integrity

The stock market is one of the most important areas for raising capital and meeting…

3 days ago

Vietnam Capital Law 2024: 7 Powerful Changes to Boost or Challenge Your Business in Hanoi

A New Era of Opportunity or Complexity for Foreign Businesses in Hanoi? Imagine standing in…

5 days ago

Electricity Law Amendment 2024: A Milestone in Vietnam’s Energy Sector

On November 30, 2024, the National Assembly officially passed the Electricity Law Amendment 2024, marking…

2 weeks ago

Vietnam Bans E-Cigarettes: 7 Powerful Reasons Why This Bold Decision Protects Public Health

The decision by Vietnam to ban e-cigarettes is a turning point in public health policy.…

3 weeks ago

7 Essential Truths About Real Estate Taxation in Vietnam Every Foreign Investor Must Know Now

The Hidden Cost of Ignorance in Vietnam’s Real Estate Market Imagine that you have invested…

3 weeks ago

Decree No. 147/2024/NĐ-CP: A Comprehensive Framework for Internet and Information Management in Vietnam

With the rise of the digital age, Vietnam has experienced rapid growth in internet usage,…

1 month ago

This website uses cookies.