| THE MINISTRY OF FINANCE ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No. 85/2003/TT-BTC | Hanoi, August 29, 2003 |
CIRCULAR
GUIDING COMMODITY CLASSIFICATION ACCORDING TO THE LIST OF IMPORTS AND EXPORTS, THE PREFERENTIAL IMPORT TARIFF AND THE EXPORT TARIFF
Pursuant to the amended and supplemented Import and Export Tax Law passed by the Xth National Assembly on May 20, 1998;
Pursuant to the Customs Law passed by the Xth National Assembly on June 29, 2001;
Pursuant to Decision No.49/QD-CTN of March 6, 1998 of the President of the Socialist Republic of Vietnam on Vietnams adherence to the HS Convention;
Pursuant to the Governments Decree No.54/CP of August 28, 1993 and Decree No.94/1998/ND-CP of November 17, 1998 detailing the implementation of the Import and Export Tax Law;
Pursuant to the Governments Decree No.06/2003/ND-CP of January 22, 2003 providing for the classification of imports and exports;
Pursuant to the Governments Decree No.77/2003/ND-CP of July 1, 2003 defining the functions, tasks, powers and organizational structure of the Finance Ministry;
The Finance Ministry hereby guides the classification of imports and exports as follows:
A GENERAL PROVISIONS
I. GENERAL PROVISIONS
1. Vietnams list of imports and exports is made on the basis of the List of the Harmonized Commodity Description and Coding System (abbreviated to HS List) of the World Customs Organization (WCO), the 2002 version, and is detailed to the level of at least 8 (eight)-digit codes.
2. The commodity classification principles prescribed in this Circular shall apply to commodity classification according to the list of imports and exports, the preferential import tariff, the export tariff and the lists of goods entitled to special preferential tax rates already committed by Vietnam with other countries or regional or international economic organizations.
