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New circular on determining origin of imported and exported goods

On 5th September, the Ministry of Finance issued Circular no. 62/2019/TT-BTC amending and supplementing some provisions of Circular no. 38/2018/TT-BTC dated 20th April 2018 on determining origin of exported and imported goods. This Circular will take effect from 21 October 2019.

We would like to summarise below some notable contents of Circular 62:

• Detailed guidelines for implementation of goods’ origin under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”) including declaration and submission timeline for the certificate of origin as well as inspection, verification and rejection procedures conducted by customs authorities on the certificate of origin;

• Guidance on the handling process from customs authority in case of inconsistencies in the customs tariff codes between certificate of origin and import customs declarations. Based on their checking of the declared information and the physical imported goods, customs will accept, reject or perform verification of the origin with the overseas-issuing authorities/organisations.

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