Recently during some post-clearance audits, there have been a number of cases of Customs rejecting submitted Certificates of Origin (“C/O”) claiming special preferential import tariffs in accordance with Free Trade Agreements between Vietnam and other countries. Customs seem to be more stringent on the verification of the validity of the C/O before such C/O is accepted to allow the importers to apply the rates committed in the FTAs.
For further details, please download the NewsBrief below.
Richard J. Irwin
Partner, Tax & Legal Services, PwC Vietnam
Tel: +84 28 3823 0796