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News

New regulations on import management of refurbished goods

02/07/2024 16:48

The Government has just issued Decree No. 66/2024/ND-CP on management of import of refurbished goods under the Decree on management of import of refurbished goods under the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA Agreement) and the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom Great Britain and Northern Ireland (UKVFTA Agreement).
 

Sources: Internet


The Decree promulgates 7 lists of refurbished goods under the EVFTA Agreement and the UKVFTA Agreement under the management of the Ministries of Information and Communications, Health, Transport, Industry and Trade, Agriculture and Rural Development, Labor, War Invalids and Social Affairs, Science and Technology.

Conditions for imported refurbished goods

Refurbished goods are composed wholly or in part from parts of the product that have been previously used; and have a shelf life similar to the shelf life of the goods themselves when they were not used; and perform all the functions similar to those of the of the same type of goods when they have not been used, with the quality and performance of the goods unchanged or similar to the quality and performance of the goods themselves when they have not been used; and have the same warranty and maintenance regime as the warranty and maintenance regime applicable to the same type of goods when they have not been used.

Decree 66/2024/ND-CP clearly states that imported refurbished goods must meet the following conditions:

a) Having a Certificate of eligibility to be refurbished goods under the EVFTA Agreement and the UKVFTA Agreement issued by the licensing agency in accordance with the provisions of this Decree.

b) Meet the regulations on rules of origin of goods under the EVFTA Agreement and the UKVFTA Agreement.

When put into circulation on the market, the original label or sub-label of refurbished goods must show in Vietnamese the phrase "Refurbished goods" in place and in a size that can be seen and read with the naked eye. The Decree also requires the management of refurbished goods under the EVFTA Agreement and the UKVFTA Agreement to ensure the following principles: Apply the law on foreign trade management, trade, specialized laws, tax laws, customs and other laws to refurbished goods that meet the same conditions as applicable to new goods of the same type imported into Vietnam South.

Responsibilities of traders importing refurbished goods According to the

Decree, traders importing refurbished goods are responsible for complying with the provisions of Vietnamese law as being applied to new imports of the same type, in which, depending on specific cases,  there are regulations on import policies, commodity policies, tax policies, customs, and labels; business conditions; product quality; standards and technical regulations; energy efficiency; radiation safety; cyber information security; measure; environmental protection; protection of intellectual property rights and other regulations.

At the same time, traders importing refurbished goods must take responsibility before law for the accuracy and truthfulness of dossiers and documents presented to competent agencies. To organize the work and supply of dossiers and documents at the request of licensing agencies and relevant agencies when the agencies inspect the implementation of this Decree.

Before January 30 of each year, traders importing refurbished goods must report in writing to the licensing agency and the Ministry of Industry and Trade by sending directly or through postal or online services (if applicable) on the import of refurbished goods under the EVFTA Agreement and the UKVFTA Agreement of the previous year.

Source: thongtincongthuong.vn

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