Regarding tariffs, India is committed to eliminating tariffs according to the following schedule:

• Eliminating 80% of the tariff lines from 2016, increasing to 90% of the tariff lines in 2019 (the last year of the schedule)
• No commitment to cut taxes for about 10% of the remaining tariff lines.

Vietnam committed to eliminate tariffs according to the following schedule:

• Eliminate 71% of tariff lines from January 1, 2018, increasing to 80% of tariff lines in 2021 and 90% in 2024 (the last year of the schedule)
• No commitment to cut tariff for 468 6-digit HS lines, accounting for about 10% of tarriff lines (eggs, sugar, salt, petrol, fertilizer, plastic, rubber, precious metals, iron and steel, machinery and equipment, electrical equipment, automobiles, motorbikes, spare parts, and security and defense items such as fireworks, guns,…)

A good is considered to be AIFTA originating if the good is wholly obtained or produced in a Member State, or it meets either of the following conditions:

• Goods meeting the general origin criteria:
  • Regional Value Content (RVC): 35% minimum, and
  • Change tariff classification (CTC): at the level of 4-digits (CTH: non-originating materials must be in a different HS group than the HS group of the finished product)
• Goods with a specific rule of origin: some goods do not apply the general criteria of origin, but the specific rules of origin that apply to that good are specified in the list of Product Specific Rules.

AIFTA Certificate of Origin is C/O form AI. Currently, 100% of AI form C/O issued by Vietnam and AIFTA members in hard copy. AIFTA only allows correcting errors on the face of C/O (if any errors) but does not allow issuing the replaced C/O. C/O form AI can only be issued during or after (no more than 1 year) the time of export of the goods, not before the time of export like other FTAs. AIFTA does not have a provision on Self-Certification of Origin.