FROM 2020 TO 2024, IMPORT QUOTA FOR HCFC SUBSTANCES IS 2,600 TONS PER YEAR
On March 16, 2020, the Ministry of Industry and Trade promulgates the Circular No. 05/2020/TT-BTC on amending and supplementing a number of Articles of the Joint Circular No. 47/2011/TTLT-BTM-BTNMT dated July 11, 2005, of the Ministry of Industry and Trade and
the Ministry of Natural Resource and Environment, guiding the management of the import, export and temporary import for re-export of ozone layer depleting substances in pursuance to the Montreal Protocol on Substances that Deplete the Ozone Layer.
Accordingly, the quota for importing HFC substances for a year from January 01, 2020 to December 31, 2028 shall be managed under license of the Ministry of Industry and Trade as follow:
Firstly, from 2020 to 2024, annual import quota for HCFC substances is 2,600 tons.
Secondly, from 2025 to 2028, the import quota shall be decrease to 1,300 tons per year.
Remarkably, the Ministry also supplements 01 Article on import quota of HFC substances. To be specific, from 2020 to 2022, importing of HFC shall be the base for establishing basis quota and the volume of import is unlimited; in 2023, the import quota shall be equal to the average of annual import (2020 + 2021 + 2022)/3 of HFC substances HFC + 65% basis consumption level of HCFC substances.
This Circular takes effect on May 01, 2020
