CUSTOMS PROCEDURE - rvc criteria 40% co form ak?

RVC criteria 40% CO Form AK?

Question: RVC criteria 40% CO Form AK
I have a shipment exported to Korea, please apply for Co Form AK with HS Code 2106.90 (Other health food)
- Will my materials from code 0902.40 show RVC 40%?
Reply:
According to Circular 20/2014 / TT-BTC:
Article 7.- Purely originating goods
1. Goods mentioned in Clause 3, Article 5 of this Circular, except for goods specified in Clause 2 of this Article, shall be regarded as originating if:
a) Goods with a regional value content (RVC) not less than 40% of the FOB value calculated according to the formula specified in Article 8 of this Circular and the final production stage done in a member country; or
b) Goods of chapters 25, 26, 28, 29, 31 and 39; from chapter 42 to chapter 49; from chapter 57 to 59; Chapters 61, 62 and 64: from chapter 66 to chapter 71; from chapter 73 to chapter 83; Chapters 86 and 88; Chapters 91 to 97 of the Harmonized System describe and encode goods using non-originating materials that undergo a 4-digit code change (CTH) process, except for heading 29.01. , 29.02, 31.05, 39.01, 39.02, 39.03, 39.07, 39.08 apply RVC origin criteria 40%
Therefore, unaffected raw materials are still shown to be RVC 40%
- If the material belongs to 1211.20, do you need a written explanation of the material belonging to WO-AK?
Answer: The default is that Vietnam - Korea belongs to AKFTA Agreement so it should be granted a certificate except goods chapters 25, 26, 28, 29, 31, 39, 42 to 49, 57 to 59, 61, 62, 64 from 66 to 71, from 73 to 83, 86, 88, 91 to 97.

Bài viết khác

EXPORT-IMPORT PROCEDURE FOR PRINTER AND PRINTER INK 29/03/2021 15:14

Vietnam is a growing economy with demands for printing products growing high. While demand from the market shows that the consumption of printing products, especially for publication and education is growing strong, demand for printer and printer ink from enterprises working in the printing industry is also growing. Seeing such growth, many enterprises working in the commercial sector and printing sector, have risen their interest for importing printer and printer ink to Vietnam to satisfy the internal market. Alongside importing, some local enterprises have joined in the production sector for printer and printer ink. These companies alongside from focusing on the internal market, maybe will be more interested on exporting their products to international market when the economy grows better.

Chi tiết

PROCEDURE FOR IMPORTING FRUITS 08/12/2020 09:44 Imported fresh fruits is currently a product of high attention in Vietnam’s market. In the fast-growing economic period which sees customers’ demands for high quality plants products growing quickly, the number of export – import companies that are interested in this product is growing day by day. After EVFTA – the free trade pact between Vietnam and European Union (EU) takes full effect, many chances are now open to companies wanting to import fruits to Vietnam. Chi tiết

What documents when I import 100% ambulance cars according to the type of non-commercial aid? Do I have to apply for a non-commercial import license at the Customs Department? 16/05/2019 15:04

What documents when I import 100% ambulance cars according to the type of non-commercial aid? Do I have to apply for a non-commercial import license at the Customs Department?

Chi tiết

What are the deadlines for handling raw materials, supplies, machinery and equipment when processing contracts with foreign traders are expired or invalid? 16/05/2019 13:53

What are the deadlines for handling raw materials, supplies, machinery and equipment when processing contracts with foreign traders are expired or invalid?

Chi tiết