The Ministry of Industry and Trade is seeking feedback on Draft 2 of the Circular regulating the import of rice and dried tobacco leaves from Cambodia under tariff quotas for 2023 and 2024.
| Malaysia begins rice import negotiations with India; Indonesia selects Vietnam and Thailand as sources for rice stockpiles. |
In 2023 and 2024, it is projected that Vietnam will import 300,000 tons of rice and 3,000 tons of dried tobacco leaves from Cambodia each year under tariff quotas.
If it's paddy, the conversion rate is 2 kg of paddy = 1 kg of rice.
This is the content of Draft 2 of the Circular regulating the import of rice and dried tobacco leaves originating from the Kingdom of Cambodia under tariff quotas for 2023 and 2024.
 |
| In 2023 and 2024, it is projected that 300,000 tons of rice will be imported from Cambodia each year. |
The 2023 import tariff quota applies to declarations registered with customs authorities from June 2, 2023 to December 31, 2023.
The 2024 import tariff quota applies to declarations registered with customs authorities from January 1, 2024 to December 31, 2024.
For customs declarations for the items listed in Appendix I attached to this Circular, registered from June 2, 2023, until before the effective date of this Circular, if eligible for the preferential import tax rate stipulated in Article 4 of this Circular and tax has been paid at a higher rate, the tax authority shall process the overpaid tax amount in accordance with current laws.
Goods imported under the tariff quotas stipulated in Article 2 of this Circular are entitled to special preferential import tax rates as prescribed by the Government .
To be eligible for the special preferential import tax rate, imported goods must have a Certificate of Origin Form S (C/O form S) issued by the Ministry of Commerce of the Kingdom of Cambodia or an authorized agency as prescribed by Cambodian regulations, and must undergo import customs procedures at the border gates specified in Appendix II attached to this Circular.
Specifically for dried tobacco leaves, importers must possess a raw tobacco import license under the tariff quota issued by the Ministry of Industry and Trade, as stipulated in Government Decree No. 69/2018/ND-CP dated May 15, 2018, detailing certain provisions of the Law on Foreign Trade Management, and Circular No. 12/2018/TT-BCT dated June 15, 2018, of the Ministry of Industry and Trade, detailing certain provisions of the Law on Foreign Trade Management and Decree No. 69/2018/ND-CP. The imported quantity will be deducted from the import tariff quota as specified in the license issued by the Ministry of Industry and Trade.
Tariff Quota Management Method: The import tariff quotas for rice and dried tobacco leaves stipulated in this Circular are managed through an automatic deduction method at the customs office where import procedures are carried out. The automatic deduction will continue until the entire tariff quota quantity for each item specified in Appendix I attached to this Circular is exhausted, as directed by the relevant authority.
Comments on the draft circular should be sent to the Import-Export Department – Ministry of Industry and Trade – 54 Hai Ba Trung Street – Hanoi .
View the full draft circular here.
Bao Ngoc
Source link
![[Image] Close-up of the newly discovered "sacred road" at My Son Sanctuary](/_next/image?url=https%3A%2F%2Fvphoto.vietnam.vn%2Fthumb%2F1200x675%2Fvietnam%2Fresource%2FIMAGE%2F2025%2F12%2F13%2F1765587881240_ndo_br_ms5-jpg.webp&w=3840&q=75)
Comment (0)