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07 April, 2020
On 30 March, the Ministry of Industry and Trade issued Circular 07/2020/TT-BCT to amend Circular 31, which was issued in 2015 to implement the rules of origin under the ASEAN – Australia – New Zealand Free Trade Area agreement.
Circular 07 makes a significant change to the commercial invoice which must be declared in box no. 10 of the Certificate of Origin Form AANZ, which is submitted to the importing country’s customs authority for claiming the preferential tariff. It is now required that the number and date of the commercial invoice issued either by the exporter, or the manufacturer, or the third-party trader for the imported goods be declared in box no. 10 of the COO.
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