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Amendment of preferential import-export tax rate for some commodities4/8/2008 12:25:00 PM
On June 19, 2008, the preferential import tax rate of several categories under subheadings 2710.19.13.00 and 2710.19.14.00 in the preferential import tariff was amended by The Ministry of Finance (MOF).
The Finance Ministry issued Decision No 38/2008/QĐ-BTC dated June 19,2008 on amending the preferential import tax rate of several categories under subheadings 2710.19.13.00 and 2710.19.14.00 in the preferential import tariff.
Accordingly, import tax for aviation turbine fuel (jet fuel) will be 0%, instead of 5% currently.
At the same day, Ministry of Finance issued Decision No.39/2008/QĐ-BTC on adjusting the preferential export tax rate for iron and non-alloy steel.
Accordingly, export tax rate of iron and non-alloy steel under subheading 7204.50.00.00 and under headings 7206,7207 will be 10% and this tax rate shall be applied for declarations of exports registered with the customs agencies as from June 28, 2008./.
(Source: MOF's Website)