3 ACTIONS AGAINST ORIGIN FRAUD
On March 08, 2018, the Government issued Decree No. 31/2018/ND-CP detailing a number of Articles of the Law on Foreign Trade Management in terms of origin of goods.
According to this Decree, the issuing authority of C/O shall take actions against origin fraud in the 3 following cases:
Suspend issuance of C/O within 03 months from the first time the trader uploads information and data not involved with the applications for issuance of C/O in the electronic C/O management system.
Suspend issuance of C/O within 06 months from the date on which the trader is found using false documents or making a fraudulent declaration when applying for C/O.
Revoke the issued C/O and suspend issuance of C/O within 06 months from the date on which the trader fails to provide adequate documents or provide incorrect evidence for origin of goods when the issuing authority is carrying out post inspection.
Besides, the issuing authority of C/O shall apply red channel operation in risk management system to the trader and announce it on the Ministry of Industry and Trade's website.
This Decree takes effect on March 08, 2018.
