What is EVFTA Tariff Reduction Schedule for a Vietnam Clothing Factory

What is the EVFTA tariff reduction schedule for a Vietnam clothing factory? We can help you figure out the tariff reduction schedule. We are a family owned Vietnam clothing factory. We pride ourselves in being a reliable cut & sew knitwear Supplier in Vietnam who can provide you garments with both imported fabrics and our own fabric. Let us clarify for you what is the EVFTA Tariff Reduction Schedule for a Vietnam Clothing Factory.

The tariff reduction schedule can easily be understood like this: all the import duties will become 0% after 4 to 7 years & 77% immediately go to zero. Most garment categories will become 0% once the agreement goes into effect. For example, a products with HS 6109.10.20 which has base rate 12% tariff will become 0% with in 6 years due to its term time being B5.

To understand the term and schedule, we suggest you should visit http://trade.ec.europa.eu/doclib/press/index.cfm?id=1437 and download it. We recommend you read page 166 for General Provision and page 464 for Article of Apparel and Clothing Accessories, Knitted or Crocheted to understand the details of these product categories.