Import license for fertilizer products PwC Vietnam NewsBrief 17 November 2014
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Import license for fertilizer products PwC Vietnam NewsBrief 17 November 2014
17 November 2014 PwC Vietnam NewsBrief Import license for fertilizer products On 15 October 2014, the Ministry of Industry and Trade (MoIT) issued Circular 35/2014/TT-BCT (Circular 35) guiding automatic import licenses for some fertilizer products. Based on Circular 35, for each shipment, companies will, in future, need an automatic import license to import the stipulated fertilizer products. Circular 35 has the following key contents: • The regulations on automatic import licenses are applied to urea and NPK fertilizers. • The importer will need to send an application dossier to MoIT. • MoIT will issue an automatic import license within 7 working days from the date of receiving a complete dossier. Automatic import licenses will be valid for 30 days. • When carrying out customs procedures, importers must submit the automatic import license with the import customs dossier to the customs authority. This Circular will be effective from 01 December 2014. PwC This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. For further information, please contact: Nam Nguyen – Partner +84 (8) 38230796 Ext: 1501 [email protected], or Nguyen Hong Son – Manager +84 (8) 38230796 Ext. 1509 [email protected]