THE GREEN CHANNEL REGIME IN THE PROCESS OF ISSUANCE OF PREFERENTIAL C/O
On June 29, 2018, the Ministry of Industry and Trade issues the Circular No. 15/2018/TT-BCT providing the channeling in the process of issuance of preferential certificates of origin (C/O).
ccordingly, the Green channel in the process of issuance of preferential C/O is applied with traders who meet the following criteria:
- The trader is recognized by the Ministry of Industry and Trade as prestigious exporter; or
- The trader is recognized by the Ministry of Finance as enterprise entitled to priority in state management of customs; or meets the following conditions:
- Having committed no violations of regulations on origin of goods in 2 years preceding the time of applying for application of the green channel regime;
- Having a dossier retention system (paper dossiers and electronic dossiers) so as to be able to prove the authentication of C/O and origin of goods throughout the dossier retention period
- Conducting e-declaration of C/O via the website www.ecosys.gov.vn and applying for issuance of at least 30 sets of preferential C/O per year.
This Circular takes effect on August 15, 2018.
